Here's another very good indicator by Mladen that was missing form our forum. The Volume Weighted MACD as a standalone indicator for MT4.

As explained by Mladen:
This indicator (along with the volume weighted EMA) was made according to the article by David Hawkins published in October 2009 issue of TASC (this article : Volume-Weighted Macd Histogram )

As it is explained in the article, additional "adapting" is done by using the volume which should ensure better response in times of high volume trading times. Test it, if possible, on symbols that do have "real" volumes

PS: left the possibility to enter fractional periods for calculations (EMA period does not have to be integer value at all, so left that possibility too)