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Rolling VWAP + SMA

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Rolling VWAP + SMA (Dynamic Trend Colour)

This indicator plots TradingView’s official time-based Rolling VWAP alongside a Simple Moving Average (SMA) on the price chart.

Both lines dynamically change colour based on their relationship:

🟢 Green when Rolling VWAP is above the SMA (bullish bias)

🔴 Red when Rolling VWAP is below the SMA (bearish bias)

⚪ Gray when they are equal

It provides a clean visual trend filter by combining volume-weighted price positioning (RVWAP) with a traditional moving average, helping traders quickly identify shifts in momentum and directional bias.
Versionshinweise
Rolling VWAP + SMA (Dynamic Trend Colour)

This indicator plots TradingView’s official time-based Rolling VWAP alongside a Simple Moving Average (SMA) on the price chart.

Both lines dynamically change colour based on their relationship:

🟢 Green when Rolling VWAP is above the SMA (bullish bias)

🔴 Red when Rolling VWAP is below the SMA (bearish bias)

⚪ Gray when they are equal

It provides a clean visual trend filter by combining volume-weighted price positioning (RVWAP) with a traditional moving average, helping traders quickly identify shifts in momentum and directional bias.

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