UV Indicator by Kaniugu

movingaverage trendanalysis volumestudies resistanceandsupport trend ultimate ultimateindicator vwaposcillator

UV Indicator (Ultimate VWAP Indicator) is using Volume Weighted Average Price to find Direction of the Trend, and Resistance & Support.

- Circle and Square shapes represent the point of Resistance and Support.
- Teal and Maroon background colors represent Uptrend and Downtrend of the Market.
- Numbers represent the Spread Percentages.

Release Notes:

Changed circle and box shapes to diamond and xcross shapes.

Release Notes:

Fixed minor feature

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

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.

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