Candlestick smoother + x-Signaling — Indicator by BiO-618

trendanalysis candlestick volumestudies movingaverage vwma smoother crossing

Hey!

This is a script I remade from various scripts I had.
It's a smoother of candlestick by VWMA , that means that will give information about the trend strenght and actual situation, as you might notice.
I also added a crossing over signaling with RED/GREEN colours.
When the chart is coloured red, means that soon there will be a selling opportunity.
When the chart is coloured green, means that soon there will be a buying opportunity.

For any question, just do it! ;)

Enjoy the ride, and always φ !

Release Notes:

#Changed a mistake I made with the overlay option. No major changes.

But check my Candlestick normalizer, you might like it as an alternative to this :)

Enjoy!

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

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