Oscillator based on VWAP and its standard deviations. It will display VWAP as a zero line and then an indicator line showing where price is in relation to VWAP expressed as Standard Deviation units.
This indicator is based on my awesome indicator TurboVWAP, so it shares most of its features: - you can select whether you want a rolling or an anchored VWAP as basis. - the VWAP will auto-set itself depending on the chart timeframe, so that it will be calculated based on the period you really want, not number of bars or similar. - you can set the indicator to auto-set session start and end times for the session-anchored VWAP depending on the futures contract selected, so you don't need to mess with times.