Aggregate Signal (v.2) is an oscillator indicator that combines multiple technical factors into a single composite score. It scales OHLCV data using minimax normalization and evaluates indicators such as MACD, RSI, Stochastic, CCI, Momentum, On-Balance Volume,
Indicator · Pine Script v5 · Own pane
Volume-Weighted MACD
This indicator plots a volume-weighted MACD in a separate pane.
GitHub stars99on the repository
Pine versionv5runs as is
Lines of code10
Settings3inputs
LicenceApache-2.0
Last update4 weeks ago27 Sep 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
10 lines of Pine Script v5 from lib/momentum/vwmacd/vwmacd.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
//@version=5
indicator("Volume-Weighted MACD", "VWMACD")
fast = input.int(12, minval=1)
slow = input.int(26, minval=1)
signal = input.int(9, minval=1)
line = ta.vwma(close, fast) - ta.vwma(close, slow)
signalLine = ta.ema(line, signal)
plot(line, "VWMACD", color=color.blue)
plot(signalLine, "Signal", color=color.orange)
plot(line - signalLine, "Histogram", style=plot.style_columns, color=color.gray)
Overview
Volume-Weighted MACD subtracts a slow volume-weighted moving average of close from a faster one, then smooths that line with an exponential moving average to form the signal. A column histogram shows the gap between the MACD and signal lines. Fast, slow, and signal lengths change the responsiveness of those averages. It does not mark entries, exits, or stops.
- Fast and slow VWMA difference
- EMA signal line
- Column histogram
- Adjustable fast, slow, and signal lengths
Details
Published by
mihakralj on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum, Moving averages, Volume
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
algorithmic-tradingcsharpdotnetpinescriptpythonquantitative-financesimdta-libtechnical-analysistechnical-indicators
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| fast | int | 12 | fast |
| slow | int | 26 | slow |
| signal | int | 9 | signal |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
PPO ATR Bands plots a percentage price oscillator in a separate pane. It compares a Hull average of typical price with a volume-weighted exponential average of Parabolic SAR, then scales three true-range bands around the slow average into matching oscillator l
This indicator calculates the Relative Strength Index using a volume-weighted moving average of the closing price as its source. It plots the resulting oscillator in a separate pane alongside configurable overbought and oversold threshold lines. The plot line
This indicator tracks and visualizes cryptocurrency net positioning across multiple derivative exchanges, including Binance, BitMEX, and Kraken. It calculates aggregated net longs, net shorts, net delta, and ratio metrics, or an optional Position RSI, renderin
This Pine v4 study ports early NostalgiaForInfinity V6 conditions onto the price chart. It computes two Bollinger setups, several EMAs and SMAs, RSI, MFI, a percent SMA spread labeled EWO, a 14-period choppiness value, and short and longer volume medians. Fixe
WE Alpha is an oscillator that combines a custom MACD line and histogram with a modified Chaikin Money Flow calculation scaled directly to MACD values. It plots the MACD line, signal line, histogram area, and a money flow line dynamically colored according to
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers