(Fixed-Range) Anchored VWAPThis "Fixed-Range Anchored VWAP" indicator allows traders full control over where the VWAP calculation begins and ends. VWAP combines both price and volume to reflect the true average price paid, often serving as a benchmark for gauging value, sentiment, and trend strength.
With this tool, traders can anchor VWAP to any candle, optionally define an end point, or keep it running forward with a single toggle. Up to three bands can be added around VWAP, either as standard deviations or percentage offsets.
How to Use
The indicator is particularly useful for analyzing VWAP around significant events, like earnings announcements or sharp price swings, to identify support, resistance, and mean-reversion opportunities.
Add the indicator and select a candle to set the Anchor.
Choose an End point or enable Cancel End for an open-ended VWAP.
Pick Std Dev or Percent for band mode.
Turn on up to three bands, adjust multipliers, and set fill colors.
Use VWAP and its bands to evaluate extensions, trend context, and fair value zones.
ابحث في النصوص البرمجية عن "VWAP"
Aggregated Rolling VWAP +Edit of TradingView's original Rolling VWAP
Edit log:
Added Volume Aggregation Capabilities to the Script
- Price Action is impacted by volume executed in all exchanges. Even though a single exchange RVWAP can be useful, using aggregated data makes it more accurate and saves time in symbol switching.
- Aggregation is preset to be done for Bitcoin Spot Pairs. However this can be changed to Aggregate Volume from any other symbol at the bottom of the setup menu.
Added Symmetrical Deviations to the Script
- Symmetrical deviations create range of "tolerance" around the RVWAP at a fixed % distance. This helps in situations when price does not respect the exact RVWAP level and goes slightly above/under.
- Adding multiple Symmetrical Deviations at different percentage values can give relevant levels for scalping, entries and range trading.
Switched default option to manual TF instead of automatic TF
Added TF Presets for quick switching between different settings. (Feature intended for mobile charting)
Added ON/OFF Switch to all individual deviations to make it easier, faster and cleaner to display different data. (Feature intended for mobile charting)
Donchian Anchored Vwap + HandoffsIn this script I try to incorporate Brian Shannon's Anchored VWAP hand off system into an automated initial anchoring system using Donchian Highs and Lows.
I have also added an average of all the hand-off vwaps.
Higher values in "Donchain Lookback" will display longer term sentiment and vice versa.
*Credit to trader dysrupt for their 'Anchored VWAP Hand-off' script
Rolling Multiday VWAPCouldn't find a VWAP script that worked the way I needed so I created this one. Basically, it provides a multiday rolling VWAP. I made the rolling period configurable, but I primarily use it to add a 2 day VWAP to my chart alongside the standard VWAP indicator. This unique thing that this indicator does is dynamically anchor to the configured period, but starting from today backwards.
Basically, this indicator ensures VWAP never anchors to the current day, but instead always shows a 2 day VWAP on today's charts. The problem I had with other indicators is that every other day my 2 day VWAP indicator would anchor to the current day and essentially become a redundant standard VWAP indicator.
Hope to update in the future to dynamically update based the chart day you have in focus, but will need some time to figure out if that's even possible.
VWAP + Range Breakout (Pre-Signal for Manual Entry)WHAT IT DOES
This tool highlights potential breakout opportunities when price sweeps the previous day’s high or low and aligns with VWAP and short-term range levels. It provides both pre-signals (early warnings) and confirmed signals (breakout closed) so traders can prepare before momentum accelerates.
Works on all timeframes and across markets (indices, forex, crypto). Especially useful during active London and New York sessions.
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KEY FEATURES
Daily sweep logic: previous day high/low as liquidity reference
VWAP with cumulative calculation
Adjustable range breakout levels
Optional SMA trend filter
Session filter (London / NY trading hours)
Pre-Signal markers (early alert before breakout)
Confirmed LONG/SHORT signals after breakout close
Alerts for Pre-Long, Pre-Short, and Confirmed entries
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HOW TO USE
1. Wait for price to sweep the previous day high/low.
2. Look for alignment with VWAP and the defined range breakout levels.
3. Use trend/session filters for higher accuracy.
4. Combine with your own risk management rules.
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SETTINGS TIPS
Adjust range lookback for different timeframes (shorter for fast intraday, longer for higher timeframes).
Enable/disable session filters depending on your market.
Use SMA trend filter to stay aligned with higher-timeframe bias.
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WHO IT’S FOR
Scalpers, intraday, and swing traders who want early signals when liquidity is taken and price is preparing for a breakout.
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NOTES
For educational purposes only. No financial advice.
This script is open-source; redistribution follows TradingView rules.
VWAP with Prev. Session BandsVWAP with Prev. Session Bands is an advanced indicator based on TradingView’s original VWAP. It adds configurable standard deviation or percentage-based bands, both for the current and previous session. You can anchor the VWAP to various timeframes or events (like Sessions, Weeks, Months, Earnings, etc.) and selectively show up to three bands.
The unique feature of this script is the ability to display the VWAP and bands from the previous session, helping traders visualize mean reversion levels or historical volatility ranges.
Built on top of the official TradingView VWAP implementation, this version provides enhanced flexibility and visual clarity for intraday and swing traders alike.
Multiple Non-Anchored VWAPA lot of VWAP scripts are anchored and only allow single VWAP additions. This script allows up to 5 simultaneous VWAPs, for example monthly, quarterly, yearly, 3 years, etc. Can also be used on smaller timeframes. The non-anchored part of the script allows it to be constantly rolling, with no resets.
I do not endorse this script, it was created at my request :)
VWAP + Multi-Timeframe RSI StrategyThis strategy combines VWAP trend direction with confirmation from RSI on a higher timeframe. The idea is to only take trades when both intraday momentum and higher-timeframe trend are aligned, increasing accuracy.
LONG Entry:
Price above VWAP (bullish environment).
RSI on the current timeframe is below overbought (room to rise).
RSI on the higher timeframe (default H1) is above 50 (bullish confirmation).
SHORT Entry:
Price below VWAP (bearish environment).
RSI on the current timeframe is above oversold (room to fall).
RSI on the higher timeframe is below 50 (bearish confirmation).
Exit Rule:
Stop-loss near VWAP.
Take-profit at ~2x risk or when major levels are reached.
Best Timeframes:
Use 15m or 30m chart with H1 RSI for intraday trading.
Use 1H chart with Daily RSI for swing trading.
⚡ The higher-timeframe RSI filter reduces false signals and aligns trades with institutional flow.
Mike's VWAP Pop/Crack StratWill signal based on the VWAP Pop and Crack strategy. You can change the time frame -- default is set to current chart -- to 5 minute if you wish to use 5 minute alerts on a 1 minute, 15-second, etc. chart.
VWAPmP (ATR as % Version)This indicator displays a histogram for the distance of closing price from a VWAP value. The VWAP length is rolling and its value is user defined. Additionally, there are 3 bands which are based on the %-value of the underlying ATR. The ATR's length can be chosen by the user, and the distance multipliers may also be chosen. Lastly, there are two simple moving averages which have user-defined lengths and are based on the histograms value.
VWAP+SMA+EMAThis is the only indicator combing the results of VWAP + 2 SMAs + 2 EMAs.
This is a free indicator. Enjoy using it.
Kunal Jain
VWAP - Standard + 3 multi periodThis script combines the standard VWAP with 3 additional period-dependent VWAPs (originally coded by Neolao).
rth vwap and midMidpoint and VWAP are often important inflection points in daytrading. I managed to find a script providing me with a 24 hour session midline by NorthStarDayTrading and a RTH VWAP script by LDBC. So I decided to merge those two to get a RTH mid and vwap.
Rumpy's Donchian Anchored VWAPUses donchian points to anchor VWAPs (start a new VWAP interval). The defaults are set up for a 1H chart, with lookback periods of 1 day, 2 days, 1 week, 2 weeks and 4 weeks for the anchor points.
Green : upper donchian AVWAPs, Red : lower donchian AVWAPS, thin/1day to thickest/4 week.
Option to test whether a new point should be formed from a high or low exceeding the historical high/low over a lookback length or using a closes that exceed the historical high/low.
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If you find it useful please consider a tip/donation :
BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
Percent Difference Between VWAP and Price MTFShows the difference between vwap and price in percent.
You can can choose between multiple timeframe vwap. Default is normal daily.
The levels on the indicator can be changed to whatever you want to.
In the chart above we can see eurusd reverting up at 3% below monthly vwap, after the brexit dip, It then turns down again at 1% from monthly and lastly it turns up again at 2% from monthly.
Script is a small modification of this:
VWAP Session and NY CashAuto Anchored VWAPs with Label options
Session starts at 1800 EST
Cash Open or NY Session starts 0930 EST
Nic's Anchored VWAP 4Poor mans anchored vwap. Allows you to identified the volume weighted average price from 4 specific points in time.
Best used on key pivot point high's and lows'
Difference % between PRICE and VWAP V2Shows difference between price and daily/weekly/monthly/hourly/whatever VWAP.
In v2:
option to color bars
average percentual difference of custom period
histogram changes color depending on which levels it's at
Levels/period/color etc can be customized.
Use these inputs in the timeframe box:
M - month
W - week
D - day
2D (or 3W or 2M or whatever) = 2 Days (or three week or 2 months and so on)
60= 1 H
240= 4 H
5 = 5 min
and so on.
btw, vaguely remembering reading somewhere that the big players like to make their entry at 4% difference.
VWAP-Anchored MACD [BOSWaves]VWAP-Anchored MACD - Volume-Weighted Momentum Mapping With Zero-Line Filtering
Overview
The VWAP-Anchored MACD delivers a refined momentum model built on volume-weighted price rather than raw closes, giving you a more grounded view of trend strength during sessions, weeks, or months.
Instead of tracking two EMAs of price like a standard MACD, this tool reconstructs the MACD engine using anchored VWAP as the core input. The result is a momentum structure that reacts to real liquidity flow, filters out weak crossovers near the zero line, and visualizes acceleration shifts with clear, high-contrast gradients.
This indicator acts as a precise momentum map that adapts in real time. You see how weighted price is accelerating, where valid crossovers form, and when trend conviction is strong enough to justify execution.
It uses gradient line coloring to show bullish or bearish momentum, histogram shading to highlight energy shifts, cross dots to mark valid crossovers, optional buy/sell diamonds for execution cues, and candle coloring to display trend strength at a glance.
Theoretical Foundation
Traditional MACD compares the difference between two exponential moving averages of price.
This variant replaces price with anchored VWAP, making the calculation sensitive to actual traded volume across your chosen period (Session, Week, or Month).
Three principles drive the logic:
Anchored VWAP Momentum : Price is weighted by volume and aggregated across the selected anchor. The fast and slow VWAP-EMAs then expose how liquidity-corrected momentum is expanding or contracting.
Zero-Line Distance Filtering : Crossover signals that occur too close to the zero line are removed. This eliminates the common MACD problem of generating weak, directionless signals in choppy phases.
Directional Visualization : MACD line, signal line, histogram, candle colors, and optional diamond markers all react to shifts in VWAP-momentum, giving you a clean structural read on market pressure.
Anchoring VWAP to session, weekly, or monthly resets creates a systematic framework for tracking how capital flow is driving momentum throughout each trading cycle.
How It Works
The core engine processes momentum through several mapped layers:
VWAP Aggregation : Price × volume is accumulated until the anchor resets. This creates a continuous, liquidity-corrected VWAP curve.
MACD Construction : Fast and slow VWAP-EMAs define the MACD line, while a smoothed signal line identifies edges where momentum shifts.
Zero-Line Distance Filter : MACD and signal must both exceed a threshold distance from zero for a crossover to count as valid. This prevents fake crossovers during compression.
Visual Momentum Layers : It uses gradient line coloring to show bullish or bearish momentum, histogram shading to highlight energy shifts, cross dots to mark valid crossovers, optional buy/sell diamonds for execution cues, and candle coloring to display trend strength at a glance.
This layered structure ensures you always know whether momentum is strengthening, fading, or transitioning.
Interpretation
You get a clean, structural understanding of VWAP-based momentum:
Bullish Phases : MACD > Signal, histogram expands, candles turn bullish, and crossovers occur above the threshold.
Bearish Phases : MACD < Signal, histogram drives lower, candles shift bearish, and downward crossovers trigger below the threshold.
Neutral/Compression : Both lines remain near the zero boundary, histogram flattens, and signals are suppressed to avoid noise.
This creates a more disciplined version of MACD momentum reading - less noise, more conviction, and better alignment with liquidity.
Strategy Integration
Trend Continuation : Use VWAP-MACD crossovers that occur far from the zero line as higher-conviction entries.
Zero-Line Rejection : Watch for histogram contractions near zero to anticipate flattening momentum and potential reversal setups.
Session/Week/Month Anchors : Session anchor works best for intraday flows. Weekly or monthly anchor structures create cleaner macro momentum reads for swing trading.
Signal-Only Execution : Optional buy/sell diamonds give you direct points to trigger trades without overanalyzing the chart.
This indicator slots cleanly into any momentum-following system and offers higher signal quality than classic MACD variants due to the volume-weighted core.
Technical Implementation Details
VWAP Reset Logic : Session (D), Week (W), or Month (M)
Dynamic Fast/Slow VWAP EMAs : Fully configurable lengths, smoothing and anchor settings
MACD/Signal Line Framework : Traditional structure with volume-anchored input
Zero-Line Filtering : Adjustable threshold for structural confirmation
Dual Visualization Layers : MACD body + histogram + crosses + candle coloring
Optimized Performance : Lightweight, fast rendering across all timeframes
Optimal Application Parameters
Timeframes:
1- 15 min : Short-term momentum scalping and rapid trend shifts
30- 240 min : Balanced momentum mapping with clear structural filtering
Daily : Macro VWAP regime identification
Suggested Configuration:
Fast Length : 12
Slow Length : 26
Signal Length : 9
Zero Threshold : 200 - 500 depending on asset range
These suggested parameters should be used as a baseline; their effectiveness depends on the asset volatility, liquidity, and preferred entry frequency, so fine-tuning is expected for optimal performance.
Performance Characteristics
High Effectiveness:
Assets with strong intraday or session-based volume cycles
Markets where volume-weighted momentum leads price swings
Trend environments with strong acceleration
Reduced Effectiveness:
Ultra-choppy markets hugging the VWAP axis
Sessions with abnormally low volume
Ranges where MACD naturally compresses
Disclaimer
The VWAP-Anchored MACD is a structural momentum tool designed to enhance directional clarity - not a guaranteed predictor. Performance depends on market regime, volatility, and disciplined execution. Use it alongside broader trend, volume, and structural analysis for optimal results.
VWAP Momentum Oscillator How It Works
Core Calculation Method
The oscillator combines four key market measurements into a single, normalized reading:
1. Price-VWAP Deviation: `(Close - VWAP) / VWAP × 100`
2. VWAP-MA Momentum: `(VWAP - MovingAverage) / MovingAverage × 100`
3. Anchored VWAP Strength: Average of high/low anchor deviations from rolling VWAP
4. Range Position: `(Close - PeriodLow) / (PeriodHigh - PeriodLow) × 100 - 50`
Dynamic Signal Line
The signal line uses an EMA that automatically adjusts its length based on your chart timeframe:
- Futures: Always covers 23 hours of trading (1,380 minutes)
- Stocks: Always covers 6.5 hours of trading (390 minutes)
- Examples: 276 periods on 5-min futures chart, 1,380 periods on 1-min futures chart
Trading Signals
🟢 Buy Signals
- Condition: Main oscillator crosses above signal line while below zero
- Logic: Momentum turning bullish from oversold conditions
- Visual: Green "BUY" label below price action
🔴 Sell Signals
- Condition: Main oscillator crosses below signal line while above zero
- Logic: Momentum turning bearish from overbought conditions
- Visual: Red "SELL" label above price action
⚠️ Extreme Warnings
- Extreme Overbought: Red triangle when oscillator crosses above +4.0
- Extreme Oversold: Green triangle when oscillator crosses below -4.0
- Purpose: Risk management alerts, not entry/exit signals
Oscillator Zones
Interpretation Guide
- Above +2.0: Strong bullish momentum zone (green background)
- 0 to +2.0: Mild bullish territory
- 0 to -2.0: Mild bearish territory
- Below -2.0: Strong bearish momentum zone (red background)
- Above +4.0: Extreme overbought (caution advised)
- Below -4.0: Extreme oversold (potential reversal zone)
Customization Options
Moving Average Settings
- EMA/SMA Toggle: Choose between exponential or simple moving average
- Color Customization: Adjust MA line color and width
Visual Controls
- Bullish/Bearish Colors: Customize momentum zone colors
- Signal Line: Toggle visibility and adjust color
- Line Widths: Control thickness of all plot lines
Anchor Modes
- NY Session Only: Anchors reset at NY market open (9:30 AM ET)
- 24H NY Day: Anchors reset at NY calendar day change (midnight ET)
Best Practices
Timeframe Selection
- Scalping: 1-5 minute charts for quick momentum changes
- Day Trading: 5-15 minute charts for clearer trend signals
- Swing Trading: 1-4 hour charts for major momentum shifts
Signal Confirmation
- Wait for crossovers: Don't trade on oscillator position alone
- Respect extreme levels: Exercise caution above +4 or below -4
- Use with price action: Combine with support/resistance levels
Risk Management
- Extreme zones: Reduce position size when oscillator is extended
- Failed signals: Exit quickly if momentum doesn't follow through
- Market context: Consider overall trend direction and market volatility
Technical Specifications
Calculation Components
- Base Length: 1,380 periods (futures) / 390 periods (stocks)
- Signal Line: Dynamic EMA covering one full trading day
- Smoothing: 3-period SMA on raw oscillator (adjustable)
- Update Frequency: Real-time on every price tick
Performance Notes
- Resource Efficient: Optimized calculations minimize CPU usage
- Memory Friendly: Uses incremental VWAP calculations
- Fast Loading: Minimal historical data requirements
Version History & Development
This oscillator evolved from advanced VWAP overlay strategies, transforming complex multi-line analysis into a single, actionable momentum gauge. The indicator maintains the sophistication of institutional VWAP analysis while providing the clarity needed for retail trading decisions.
Core Philosophy
Traditional VWAP indicators show where price is relative to volume-weighted averages, but they don't quantify momentum or provide clear entry/exit signals. This oscillator solves that problem by normalizing all VWAP relationships into a single, bounded indicator that works consistently across all timeframes and asset classes.
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Open Source License: This indicator is provided free for the TradingView community. Feel free to modify and enhance according to your trading needs.
Dynamic Swing Anchored VWAP STRAT (Zeiierman/PineIndicators)Dynamic Swing Anchored VWAP STRATEGY — Zeiierman × PineIndicators (Pine Script v6)
A pivot-to-pivot Anchored VWAP strategy that adapts to volatility, enters long on bullish structure, and closes on bearish structure. Built for TradingView in Pine Script v6.
Full credits to zeiierman.
Repainting notice: The original indicator logic is repainting. Swing labels (HH/HL/LH/LL) are finalized after enough bars have printed, so labels do not occur in real time. It is not possible to execute at historical label points. Treat results as educational and validate with Bar Replay and paper trading before considering any discretionary use.
Concept
The script identifies swing highs/lows over a user-defined lookback ( Swing Period ). When structure flips (most recent swing low is newer than the most recent swing high, or vice versa), a new regime begins.
At each confirmed pivot, a fresh Anchored VWAP segment is started and updated bar-by-bar using an EWMA-style decay on price×volume and volume.
Responsiveness is controlled by Adaptive Price Tracking (APT) . Optionally, APT auto-adjusts with an ATR ratio so that high volatility accelerates responsiveness and low volatility smooths it.
Longs are opened/held in bullish regimes and closed when the regime turns bearish. No short positions are taken by design.
How it works (under the hood)
Swing detection: Uses ta.highestbars / ta.lowestbars over prd to update swing highs (ph) and lows (pl), plus their bar indices (phL, plL).
Regime logic: If phL > plL → bullish regime; else → bearish regime. A change in this condition triggers a re-anchor of the VWAP at the newest pivot.
Adaptive VWAP math: APT is converted to an exponential decay factor ( alphaFromAPT ), then applied to running sums of price×volume and volume, producing the current VWAP estimate.
Rendering: Each pivot-anchored VWAP segment is drawn as a polyline and color-coded by regime. Optional structure labels (HH/HL/LH/LL) annotate the swing character.
Orders: On bullish flips, strategy.entry("L") opens/maintains a long; on bearish flips, strategy.close("L") exits.
Inputs & controls
Swing Period (prd) — Higher values identify larger, slower swings; lower values catch more frequent pivots but add noise.
Adaptive Price Tracking (APT) — Governs the VWAP’s “half-life.” Smaller APT → faster/closer to price; larger APT → smoother/stabler.
Adapt APT by ATR ratio — When enabled, APT scales with volatility so the VWAP speeds up in turbulent markets and slows down in quiet markets.
Volatility Bias — Tunes the strength of APT’s response to volatility (above 1 = stronger effect; below 1 = milder).
Style settings — Colors for swing labels and VWAP segments, plus line width for visibility.
Trade logic summary
Entry: Long when the swing structure turns bullish (latest swing low is more recent than the last swing high).
Exit: Close the long when structure turns bearish.
Position size: qty = strategy.equity / close × 5 (dynamic sizing; scales with account equity and instrument price). Consider reducing the multiplier for a more conservative profile.
Recommended workflow
Apply to instruments with reliable volume (equities, futures, crypto; FX tick volume can work but varies by broker).
Start on your preferred timeframe. Intraday often benefits from smaller APT (more reactive); higher timeframes may prefer larger APT (smoother).
Begin with defaults ( prd=50, APT=20 ); then toggle “Adapt by ATR” and vary Volatility Bias to observe how segments tighten/loosen.
Use Bar Replay to watch how pivots confirm and how the strategy re-anchors VWAP at those confirmations.
Layer your own risk rules (stops/targets, max position cap, session filters) before any discretionary use.
Practical tips
Context filter: Consider combining with a higher-timeframe bias (e.g., daily trend) and using this strategy as an entry timing layer.
First pivot preference: Some traders prefer only the first bullish pivot after a bearish regime (and vice versa) to reduce whipsaw in choppy ranges.
Deviations: You can add VWAP deviation bands to pre-plan partial exits or re-entries on mean-reversion pulls.
Sessions: Session-based filters (RTH vs. ETH) can materially change behavior on futures and equities.
Extending the script (ideas)
Add stops/targets (e.g., ATR stop below last swing low; partial profits at k×VWAP deviation).
Introduce mirrored short logic for two-sided testing.
Include alert conditions for regime flips or for price-VWAP interactions.
Incorporate HTF confirmation (e.g., only long when daily VWAP slope ≥ 0).
Throttle entries (e.g., once per regime flip) to avoid over-trading in ranges.
Known limitations
Repainting: Swing labels and pivot confirmations depend on future bars; historical labels can look “perfect.” Treat them as annotations, not executable signals.
Execution realism: Strategy includes commission and slippage fields, yet actual fills differ by venue/liquidity.
No guarantees: Past behavior does not imply future results. This publication is for research/education only and not financial advice.
Defaults (backtest environment)
Initial capital: 10,000
Commission value: 0.01
Slippage: 1
Overlay: true
Max bars back: 5000; Max labels/polylines set for deep swing histories
Quick checklist
Add to chart and verify that the instrument has volume.
Use defaults, then tune APT and Volatility Bias with/without ATR adaptation.
Observe how each pivot re-anchors VWAP and how regime flips drive entries/exits.
Paper trade across several symbols/timeframes before any discretionary decisions.
Attribution & license
Original indicator concept and logic: Zeiierman — please credit the author.
Strategy wrapper and publication: PineIndicators .
License: CC BY-NC-SA 4.0 (Attribution-NonCommercial-ShareAlike). Respect the license when forking or publishing derivatives.
Anchored VWAP by Fin VirajSimple Anchored VWAP with Directional Colors
📊 Overview
A clean and efficient Anchored VWAP (Volume Weighted Average Price) indicator with dynamic directional coloring. This indicator provides traders with a reliable reference point for price action analysis based on volume-weighted calculations from specific anchor points.
✨ Key Features
🎯 Multiple Anchor Types
Session: Anchors to daily trading session start
Day: Resets at the beginning of each trading day
Week: Weekly anchor points for swing trading
Month: Monthly anchors for longer-term analysis
Manual Date: Set custom anchor date for specific events
🌈 Directional Color System
🟢 Green: Price above VWAP with upward momentum
🔴 Red: Price below VWAP with downward momentum
🔵 Blue: Neutral/transitional conditions
📏 Standard Deviation Bands
Customizable multipliers (default: 1.0 and 2.0)
Toggle on/off as needed
Support and resistance levels based on statistical deviation
Filled area between bands for better visualization
🔧 Settings & Customization
Input Parameters
Anchor Type: Choose from 5 different anchor methods
Manual Anchor Date: Set specific date for manual anchoring
Reset Anchor Point: Manual reset button
Show Standard Deviation Bands: Toggle bands visibility
Band Multipliers: Adjust band distance (1σ and 2σ)
VWAP Line Width: Customize line thickness (1-4)
Color Customization
Bullish Color: Customize uptrend color
Bearish Color: Customize downtrend color
Neutral Color: Customize neutral state color
Band Color: Customize standard deviation bands color
📈 How to Use
For Day Trading
Set anchor type to "Session" or "Day"
Use VWAP as dynamic support/resistance
Green color = bullish bias, Red color = bearish bias
For Swing Trading
Set anchor type to "Week" or "Month"
Longer-term VWAP acts as major S/R level
Standard deviation bands show potential reversal zones
For Event-Based Analysis
Set anchor type to "Manual Date"
Choose significant event date (earnings, news, etc.)
Analyze price behavior relative to that anchor point
🎨 Visual Interpretation
VWAP Line Colors
Bright Green: Strong bullish momentum (price above rising VWAP)
Bright Red: Strong bearish momentum (price below falling VWAP)
Blue: Neutral conditions or transitional phase
Standard Deviation Bands
Upper Bands: Potential resistance levels
Lower Bands: Potential support levels
Band Touches: Often indicate reversal or continuation points
💡 Trading Applications
Support & Resistance
VWAP acts as dynamic support in uptrends
VWAP acts as dynamic resistance in downtrends
Standard deviation bands provide additional S/R levels
Trend Analysis
Price consistently above VWAP = bullish trend
Price consistently below VWAP = bearish trend
Color changes help identify trend shifts
Entry & Exit Points
Use VWAP reclaims for potential long entries
Use VWAP breaks for potential short entries
Standard deviation bands for profit-taking levels
⚙️ Technical Details
Pine Script Version: v6
Overlay: Yes (plots on price chart)
Calculation: Volume-weighted average price from anchor point
Standard Deviation: Statistical measure of price dispersion
Performance: Optimized for real-time calculation
🔄 Anchor Reset Logic
The indicator automatically resets based on selected anchor type:
Session/Day: Resets at market open
Week: Resets at week start
Month: Resets at month start
Manual: Resets from chosen date
Manual Reset: Override button for immediate reset
📋 Best Practices
Choose appropriate timeframe for your anchor type
Combine with volume analysis for better confirmation
Use multiple timeframes for comprehensive analysis
Consider market context when interpreting signals
Test on demo before live trading
⚠️ Disclaimer
This indicator is for educational and informational purposes only. Always conduct your own analysis and risk management before making trading decisions.






















