OPEN-SOURCE SCRIPT

Flunki TWAP minus MTF TWAP Oscillator


Heys,

Herewith a another simple oscillator that show the difference in price between a selectable timeframe TWAP and another alternative selectable timeframe TWAP


This is shown as a histogram.

Use numeric TWAP values for minutes (30, 60 ,720 whatever) and D, 3D, W, M for higher values

There is also a global timeframe which will set the timeframe for a global alternate timeframe (instead of current chart resolution)

On top of that is a Moving Average of the histogram value, shown as a blue / red line with an option to highlight this MA crossing zero, and an option to colour bars to this line.


Simple idea : Code open

Enjoy !




OscillatorsTIMEtwapVolume

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 publication is governed by House rules. You can favorite it to use it on a chart.

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