OPEN-SOURCE SCRIPT

Anchored VWAP with Bands Debug

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Anchored VWAP with ±1% Bands Starting at 9:00 AM

This indicator calculates an Anchored Volume Weighted Average Price (VWAP) starting precisely at 9:00 AM each trading day (customizable). It plots the VWAP line alongside two dynamic bands set at ±1% above and below the VWAP. The bands help visualize potential support and resistance zones relative to the intraday VWAP anchored at market open.

Key Features:

Anchors VWAP calculation to user-defined start time (default 9:00 AM)

Displays VWAP line in orange for easy tracking

Shows upper and lower dashed bands at ±1% of VWAP in green and red, respectively

Bands update dynamically with each new bar throughout the trading day

Designed for intraday charts (1-minute, 5-minute, etc.)

Use this tool to better assess intraday price action around VWAP and identify potential trading opportunities based on price deviations from the anchored VWAP.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.