OPEN-SOURCE SCRIPT
Flunki VWAP minus MA Oscillator
Updated
Herewith a simple oscillator that show the difference in price between a Moving Average of the price, and the current VWAP
This show as a histogram
On top of that is a Moving Average of the histogram value, shown as a blue / red line with an option to hight these crossing and also crossing zero
Simple idea ; code open.
This show as a histogram
On top of that is a Moving Average of the histogram value, shown as a blue / red line with an option to hight these crossing and also crossing zero
Simple idea ; code open.
Release Notes
Tiny update to include the new TV resolution_gaps setting (basically fills the gaps when using alternative resolutions, also fills the bar colours and such.Release Notes
Tidied up screenshot and area fill colours.uWu
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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