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vwMACD_VXI+CMF (4-Color Hist)

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This indicator combines a Volume-Weighted MACD (VW-MACD) with the Chaikin Money Flow (CMF).

Key Features:

4-Color Histogram to visualize momentum (growing/falling and strong/weak).

CMF line to confirm money flow (in/out).

Background highlighting on MACD/Signal crossovers.

This tool helps identify trend direction and momentum, confirmed by volume and money flow.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.