OPEN-SOURCE SCRIPT
VWMA Oscilator
The Oscillator ranges around 0. Uses the difference between VWMA and an SMA smoothed by an EMA . The most useful are price divergences.
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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