[EquisMetaStock Group] Volume Weighted MACD

["formulaprimer" <formulaprimer@xxxxxxxxx>]

Buff Dormeier Volume weighted MACD that was discussed in a past issue of TASC and Bollinger raving about it... I noticed that a lot of the indicators don't mirror what is in the articles... Researching this I found out that MS does its calculations for is volume adjusted and weighted averages differently... 

Preston seems to be have solved this problem so I with his adjustment I have made this VWMACD... Does this seem correct?

{Volume Weighted MACD - Buff Dormeier}
p1:= Input("Short Term Periods", 3,100,12);
p2:= Input("Long Term Periods", 5,200,26);

VWMACD:=(Sum(C*V,p1)/Sum(V,p1)) - (Sum(C*V,p2)/Sum(V,p2));

VWMACD;
Mov(VWMACD, 9, E);

VWMACD - Mov(VWMACD, 9, E);

{End}




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