PROTECTED SOURCE SCRIPT

Medias + VWAP + Volume (barras c/ base no Volume e Medias)

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This indicator is designed to aid in the analysis of trend continuation and identify pullbacks. It features 5 moving averages. By default, these are: 9-period exponential moving average; 20, 50, and 200-period moving averages (all arithmetic); and 400-period exponential moving average. The candle will be colored when, for example, the 20-period moving average is rising and the volume is greater than its 20-period moving average, and when the (positive) candle is above the 20-period moving average.

This indicator, by itself, does not replace any type of analysis. It only assists in the visualization aspect.

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