OPEN-SOURCE SCRIPT

Anchored VWAP Monthly bolofsig

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Monthly anchored VWAPs work because institutional rebalancing, fund-flow cycles, and options expiry all hit at the turn of the month —making the average price paid since the 1st a meaningful breakeven for monthly participants. This script renders three rolling monthly
AVWAPs automatically — no date entry needed.
MTD (yellow) — current month-to-date AVWAP, the active support/resistance level
Prior month (cyan) — last month's AVWAP, structural pivot
2 months ago (magenta) — deeper structural reference
The three lines reveal the trend structure at a glance: stacked chronologically (older anchors below price) = Stage 2 uptrend; price
breaking through MTD downward = first warning; all anchors above price = downtrend confirmed.

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