Not sure what you are really trying to do, but here is an example. 
Graph0 is obsolete, use Plot() instead.

You have two versions of Dynamic Colour:
a) the short version has only two colours: green and red
b) the long version (marked out) has three: green, red and grey

/*** START ***/

vw_ma = Sum((Volume*Close),10)/Sum (Volume,10);

dyn_col = IIf(vw_ma >= Ref(vw_ma,-1), colorGreen, colorRed);

// dyn_col = IIf(vw_ma > Ref(vw_ma,-1), colorGreen, IIf(vw_ma < Ref(vw_ma,-1), 
colorRed, colorGrey50));

Plot( Close, "", dyn_col, styleCandle );
Plot(vw_ma, "", colorSkyblue, styleLine);

/*** END ***/

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