MAC-Z VWAP Indicator [LazyBear]

١٦ أغسطس ٢٠١٤

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: tradingview.com/v/HraIjfKF/
MAC-Z Indicator: tradingview.com/v/IHuR4jre/
Z-Score: tradingview.com/v/oyfd86j2/

Complete list of my indicators:
GDoc: docs.google.com/document/d/15AGCufJZ8CIUvwFJ9W-IKns88gkWOKBCvByMEvm5MLo/edit?usp=sharing
Chart: tradingview.com/v/4IneGo8h/