// Licensed under the Apache License, Version 2.0 // © mihakralj //@version=6 indicator("Volume Weighted Average Price (VWAP)", "VWAP", overlay=true) //@function Calculates session-based VWAP (Volume Weighted Average Price) //@param src Source price series (typically hlc3) //@param vol Volume series //@param reset_condition Condition to reset VWAP calculation //@returns VWAP value representing cumulative volume-weighted average price from session start //@optimized for performance and dirty data vwap(series float src, series float vol, series bool reset_condition) => var float sum_pv = 0.0, var float sum_vol = 0.0 float current_price = nz(src), float current_vol = nz(vol, 0.0) if reset_condition sum_pv := current_vol > 0.0 ? current_price * current_vol : 0.0 sum_vol := current_vol > 0.0 ? current_vol : 0.0 else if current_vol > 0.0 sum_pv += current_price * current_vol sum_vol += current_vol sum_vol > 0.0 ? sum_pv / sum_vol : src // ---------- Main loop ---------- // Inputs i_source = input.source(hlc3, "Source") i_session_type = input.string("1D", "Session Reset", options=["1m", "2m", "3m", "5m", "10m", "15m", "30m", "45m", "1H", "2H", "3H", "4H", "1D", "1W", "1M", "3M", "6M", "12M", "Never"]) // Calculate reset condition reset_condition = switch i_session_type "1m" => ta.change(time("1")) != 0 "2m" => ta.change(time("2")) != 0 "3m" => ta.change(time("3")) != 0 "5m" => ta.change(time("5")) != 0 "10m" => ta.change(time("10")) != 0 "15m" => ta.change(time("15")) != 0 "30m" => ta.change(time("30")) != 0 "45m" => ta.change(time("45")) != 0 "1H" => ta.change(time("60")) != 0 "2H" => ta.change(time("120")) != 0 "3H" => ta.change(time("180")) != 0 "4H" => ta.change(time("240")) != 0 "1D" => ta.change(time("1D")) != 0 "1W" => ta.change(time("1W")) != 0 "1M" => ta.change(time("1M")) != 0 "3M" => ta.change(time("3M")) != 0 "6M" => ta.change(time("6M")) != 0 "12M" => ta.change(time("12M")) != 0 "Never" => bar_index == 0 => false // Calculation vwap_value = vwap(i_source, volume, reset_condition) // Plot plot(vwap_value, "VWAP", color=color.yellow, linewidth=2)