Description
VWAP is a key reference point used by institutions—it represents the average price weighted by volume. This version lets you anchor VWAP to any point, reset it daily, weekly, or monthly, and display bands based on percentage, points, ticks, or standard deviations.
It’s a great way to spot where price is trading relative to value. Is price above or below the VWAP? Are we stretched or balanced?
Tip: During trend days, price tends to stay on one side of the VWAP. Fade setups are riskier when VWAP is far behind the move and still sloping.
Adaptive Volume-Weighted Averages
Line Display
- Smooth: No rounding
- RoundToPrice: Rounded to tick size
Reset Interval Options
Reset VWAP calculations based on:
- Anchored: User-defined start point
- Days, Weeks, Months: Rolling resets by timeframes
Envelope Variations
Choose from 6 VWAP envelope styles
Flexible Value Calculation
VWAP bands can be displayed in:
- Currency
- Percent
- Points
- Standard Deviations
- Ticks
💡 Anchored VWAPs are great for identifying value zones from major highs/lows.
Pyramid Indicators 