//@version=5 indicator("VWAP Rejection Signal", overlay=true) vL&T FINANCE LTDNSE:LTFrameshrayjadhav//@version=5 indicator("VWAP Rejection Signal", overlay=true) vwapLine = ta.vwap // Plot VWAP plot(vwapLine, color=color.orange, linewidth=2, title="VWAP") // Bullish VWAP Rejection bullish = close > vwapLine and low < vwapLine and close > open // Bearish VWAP Rejection bearish = close < vwapLine and high > vwapLine and close < open // Plot Shapes plotshape(bullish, location=location.belowbar, color=color.green, style=shape.triangleup, size=size.small, title="Bullish Rejection") plotshape(bearish, location=location.abovebar, color=color.red, style=shape.triangledown, size=size.small, title="Bearish Rejection") // Alerts alertcondition(bullish, title="Bullish VWAP Rejection", message="Bullish VWAP rejection detected") alertcondition(bearish, title="Bearish VWAP Rejection", message="Bearish VWAP rejection detected")