OPEN-SOURCE SCRIPT

Daily HOD / LOD Anchored VWAP (24/7 Markets)

54
mart Daily HOD/LOD Anchored VWAP (Auto Detect + Alerts)

This indicator automatically anchors VWAP at the High of Day (HOD) and Low of Day (LOD) for each session/day.

No more manual anchoring — the script tracks intraday highs and lows in real-time and resets cleanly at the start of each trading day or session.

✨ Features

✅ Auto-anchored AVWAP at daily High and Low

✅ Works for stock markets (with fixed sessions) and crypto markets (24/7)

✅ Clean reset every session/day

✅ Separate AVWAP lines for HOD and LOD

✅ Customizable colors & line widths

✅ Alerts included 🚨 (get notified instantly when a new High/Low AVWAP starts)

📈 Use Cases

Spot true intraday support/resistance levels

Track where institutions may be defending positions

Combine with price action, orderflow, or volume profile strategies

Perfect for intraday trading, scalping, and swing entries

⚡ Alerts

New HOD AVWAP → Fires when price makes a fresh high of day, starting a new anchored VWAP.

New LOD AVWAP → Fires when price makes a fresh low of day, starting a new anchored VWAP.

🛠️ Settings

Show/hide HOD or LOD VWAP

Customize line colors and thickness

Works seamlessly across stocks, futures, forex, and crypto

💡 Pro Tip:
AVWAP from the high and low of the day often acts as a magnet for price. Watch how price reacts when revisiting these levels — confluence with other indicators = high-probability setups.

⚠️ Disclaimer:
This script is for educational purposes only. It is not financial advice. Always manage your own risk.

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.