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INVITE-ONLY SCRIPT
Updated

Spot Vwap Diff [Auto+Osc] [Intromoto]

991
This script shows the percent difference from price, or in percent terms how far away price is from it. This is the oscillator version.

Roughly, the further price goes away from the vwap , the more likely it is to revert.

This script only runs properly on Binance perpetual charts, and auto updates to the SPOT, underlying asset, difference between price and the vwap . The vwap has a resolution option to change the timeframe of the Vwap .

IMPORTANT: If you are not on a Binance perpetual chart, this script will reference the VWAP difference to price on Binance:BTCUSDT.
If you're using this on a recently listed coin, there's a chance I haven't updated the script. Check accordingly.

Settings include bracketing for color reference. High time frame VWAP resolution will cause the colors to go extreme, since price can move further away on high time frames.
I'm hoping to update this script to account for normal uses on high time frame settings.

DM for access.

Thanks
Release Notes
Switched to centered oscillator version to note trading direction. Changed metrics and labels accordingly.
Release Notes
Removed bgcolor and changed percent steps to 0.1
Release Notes
Updated tickers. Added Perp check to avoid applying data to wrong assets

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Intromoto directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

DM for Access
Warning: please read our guide for invite-only scripts before requesting access.
Intromoto
DM for access.
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Also on:
Volume Weighted Average Price (VWAP)

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.
Volume Weighted Average Price (VWAP)

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Intromoto directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

DM for Access
Warning: please read our guide for invite-only scripts before requesting access.
Intromoto
DM for access.
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Also on:

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.