OPEN-SOURCE SCRIPT

Volume Weighted Average Price Oscillator [NeoButane]

VWAP on PPO but not PPO. Two histograms, with the second one being SMAs of the first and signals color/trend change.

1.0 - Release
  • Framework laid out
  • Power level readings should be within 9000
neobutaneppoPrice Oscillator (PPO)vegetaVolume Weighted Average Price (VWAP)

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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My published indicators: tradingview.com/u/NeoButane/

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