OPEN-SOURCE SCRIPT
Rolling VWAP Oscillator
TL;DR - TradingView's Rolling VWAP as centered oscillator
I really like TradingView's rolling VWAP (Rolling Volume-Weighted Average Price - RVWAP) indicator. But I also like clean charts that's why I'm mainly using indicators which are not displayed on the chart. Instead of simply moving the RVWAP to another pane I turned it into a centered oscillator. This allows me checking the RVWAP while having my chart clean.
You can find the oroginal RVWAP here.
Creds to TradingView for creating this indicator 👍
* I also added a fourth deviation band, gradient colors and the option to switch between candles and lines.
I really like TradingView's rolling VWAP (Rolling Volume-Weighted Average Price - RVWAP) indicator. But I also like clean charts that's why I'm mainly using indicators which are not displayed on the chart. Instead of simply moving the RVWAP to another pane I turned it into a centered oscillator. This allows me checking the RVWAP while having my chart clean.
You can find the oroginal RVWAP here.
Creds to TradingView for creating this indicator 👍
* I also added a fourth deviation band, gradient colors and the option to switch between candles and lines.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.