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VolumePine Script v6Built-in Variable

ta.vwapVolume Weighted Average Price (Variable)

Volume Weighted Average Price. It uses hlc3 as its source series.

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Syntax

Syntax
ta.vwap

Returns

series float

Remarks

This is the built-in VWAP series. ta.vwap() is the function form with additional parameters; compare both in the Pine reference for your version.

Code Examples

Pine Script v6 Example
//@version=6
indicator("VWAP (variable)")
plot(ta.vwap, color=color.teal)

Trading Applications

Quick access to session VWAP

Compare price with a volume-weighted reference, not an estimate of intrinsic value

Use as intraday support/resistance

Compare price to VWAP for bias direction

Related Functions

ta.vwap

Frequently Asked Questions

ta.vwap is a built-in series representing volume-weighted average price, typically resetting each session. The variable form uses hlc3 as the price source in standard behavior.

The variable exposes the default VWAP series. In v6, ta.vwap(source) accepts a source; ta.vwap(source, anchor) adds an explicit reset condition. The three-argument form with stdev_mult returns a tuple of VWAP and bands. The variable takes no arguments and uses hlc3.

VWAP shows the volume-weighted average price for the session, used as a trading benchmark. It does not establish fundamental value or identify institutional orders. Many traders treat price above VWAP as relative strength and below as weakness on intraday timeframes.

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