OPEN-SOURCE SCRIPT

VWMA with Buy/Sell Signals

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he VWMA (Volume Weighted Moving Average) is a technical indicator that averages prices over a specified period while giving more weight to periods with higher trading volumes. This makes the VWMA more sensitive to price movements during high-volume trading compared to a simple moving average (SMA).

Adding Buy/Sell Signals to a VWMA-based script involves identifying trends or crossover points that indicate potential entry (Buy) or exit (Sell) opportunities.

Core Features of the Script:
VWMA Calculation:

Uses the typical price ((High + Low + Close) / 3) or closing price for computation.
Weighting is based on the volume traded in each period.

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