lvturner

Colored Volume Weighted Average Price

Simple addition to the standard VWAP indicator.

If price is above VWAP the plot is colored green. If below plot is colored red.

Colors are configurable.

You can also choose the source for price (i.e. open/low/high etc)
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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