After I became a VSA and Wyckoff nerd, I started looking for more volume based indicators to supplement my analysis. I am reading a book called "Traders Book of Volume" which is really good, and put me on a hunt for the indis, I couldn't find those indis for MT4.
This MACD based on volume is so much better. I believe it is a matter of just tweaking the regular MACD to use volume info as input, instead of price, and then make it show on top of volume bars.
The linear regression based and overlaid on volume is better than a MA, it shows a nice slope.
Hope you guys can code them!
Cheers and God Bless.