This is a simple trend identification script which is based on the current vwap (Cvwap) and previous vwap (Pvwap).
Pvwap in the sense; previous day vwap closing value.
Bullish: price is closing above the current day vwap and previous day vwap(pvwap). Bearish : Price is closing below the current day vwap and previous day vwap (pvwap).
Made a change to the barcolors as well :)
Bullish Green Bar: close is above Pvwap and Cvwap. Blue bar: close is above Pvwap but below Cwap.
Bearish Red bar: close is below Pvwap and Cvwap. Purple bar: close is below Pvwap but above Cvwap.
Hi thanks for giving the option to choose the line color. Can you pls also modify the script to show the options to pick the numbers color as well? I use the white background can't see the numbers
moin.cad
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nice thanks
PekkoHyunee
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Dang this is the best one I ever use during trading Thank u so much!
shong597
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This is a real gem! Thank You !!
ahldragon
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Hi can you change the number to orange color I use a white background I can't see the numbers