OPEN-SOURCE SCRIPT
Updated Multi EMA w/VWAP & Volume Bars
This script combines multiple moving averages, VWAP, and colours the candles based on the candle's volume.
The EMAs and VWAP are self-explanatory.
The colour of the candles is based on their volume. If a candle's volume is below the volume's SMA50, then the candles print as normal. If the candle's volume is above the volume's SMA50 a candle that closes up will be blue, and a candle that closes down will be orange.
The EMAs and VWAP are self-explanatory.
The colour of the candles is based on their volume. If a candle's volume is below the volume's SMA50, then the candles print as normal. If the candle's volume is above the volume's SMA50 a candle that closes up will be blue, and a candle that closes down will be orange.
Release Notes
Added an input that allows the user to specify the highest timeframe on which the VWAP will show. The default value in the script is 30 minutes, but this can be changed in the "Inputs" section of the indicator settings.Release Notes
Just did this to update the chart with a clean version that shows only this indicator. Release Notes
It seems that hiding indicators doesn't keep them off the published chart, so hopefully this chart is clean... 🤞🏽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.