indicator · on price · open source
Volume-Weighted Moving Average
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About
Volume-Weighted Moving Average weighs each bar's price by its volume over the lookback. Bars with heavier flow pull the line harder, so the VWMA reflects where real money traded — not just where price ticked.
- Most useful on markets with meaningful volume variation (equities, futures, large-cap crypto).
- Pair with a price MA to see when price and flow diverge.
- Raise N to anchor it to longer-term participation.
Source code
//@version=5
indicator("Volume-Weighted Moving Average", overlay=true)
len = input.int(20, "Length", minval=1, maxval=500)
src = input.source("close", "Source")
vwma = ta.vwma(src, len)
p_VWMA = plot(vwma, "VWMA", color=color.teal, linewidth=2)
alertcondition(ta.crossover(close, vwma), "Price crosses above VWMA", "Price crossed above the VWMA")
alertcondition(ta.crossunder(close, vwma), "Price crosses below VWMA", "Price crossed below the VWMA")
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