Flunki VWAP minus MA Oscillator — Indicator by syrinxflunki

oscillator vwap movingaverage moving_average

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.

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

Disclaimer

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