OPEN-SOURCE SCRIPT

My VWAP

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The script is a VWAP (Volume Weighted Average Price) indicator overlaying on the price chart.

Users can set the anchor period: Session, Week, Month, Year, Earnings, Dividends, Splits, etc.

VWAP is calculated using the chosen price source (default hlc3) and resets on a new anchor period.

Optional bands around VWAP can be based on standard deviation or percentage of VWAP.

A fast EMA (default 3-period) is plotted alongside VWAP for trend analysis.

The area between EMA and VWAP is colored green if EMA > VWAP, red if EMA < VWAP.

The script checks for volume data, as VWAP requires volume to function.

Buy/sell signals are generated when the EMA crosses above or below VWAP.

Corporate events (earnings, dividends, splits) can trigger a VWAP reset when used as anchors.

Bands plotting is coded but commented out, making the indicator customizable and visually intuitive.

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