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  • /Volume Weighted Average Price (VWAP)

Volume Weighted Average Price (VWAP)

MAC-Z VWAP Indicator [LazyBear]This a modified MAC-Z using Z-VWAP. Since this uses VWAP, the signals are derived indirectly from both volume and price action. I have also included a way to smooth MACZ-VWAP, you can enable it via options page. Note that this will not work on any FX pair, as volume is not available. Referenced indicators: Z-distance from VWAP: MAC-Z Indicator: Z-Score: Complete list of my indicators: GDoc: docs.google.com Chart:
Pine Script® indicator
by LazyBear
1111
Z distance from VWAP [LazyBear]This calculates normal distance of price from VWAP. This is a mean reverting idea (something like ZScore), but using both "volume" and "close". Useful for finding OB/OS areas and potential turning points. Complete list of my indicators:
Pine Script® indicator
by LazyBear
2020
112233445566778899101011111212131314141515161617171818
…999999

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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