AVWAP Oscillator

A custom indicator created by TrendSpider Team on TrendSpider. You can import this script into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the script.

Chart featuring the AVWAP Oscillator indicator

This indicator is an oscillator which indicates how many AVWAPs anchored off recent Williams Fractals are currently above the last price and how many of them are below.

At every candle, it takes last 10 Fractal points, builds AVWAP from each of these and then computes how many of them are above/below the candle's Close price.

Source code

This indicator had been implemented by TrendSpider Team in JavaScript on TrendSpider. Check out the developer documentation to learn more about JS on TrendSpider.

// Author of this indicator has not disclosed the source code.
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