FoundryFutures Prior Day Vwap Everyday

🟦 FoundryFutures Prior Day VWAP – "FF-PdVWAP"
Overview
This tool is designed for active intraday futures and equity traders who rely on institutional VWAP reference levels to make tactical decisions around mean reversion, breakout confirmation, and reversal risk zones. It automatically calculates and plots the prior day's VWAP, along with up to three bands of standard deviation, using either Regular Trading Hours (RTH) or Extended Trading Hours (ETH), depending on your preference.

You also have the option to visualize a multi-day composite VWAP, providing a smoothed view of value development across multiple sessions, which is especially helpful during trend days or when analyzing how price interacts with historical value zones.

🔧 Key Features
Daily VWAP Anchoring: Pulls from the prior session’s price-volume relationship and resets each session.

Deviation Bands: Dynamically plots up to 3 bands above and below the VWAP to give context on volatility and range extension.

ETH vs. RTH Session Handling: Easily toggle between full session and pit session calculations.

Multi-Day VWAP (Composite Style): Average VWAP and deviation levels across up to 5 prior sessions.

Custom Styling Controls: Choose your preferred line width, line style (solid, dashed, dotted), and label formatting for better visual hierarchy.

Smart Labels: Annotated VWAP and deviation levels update in real time, with customizable offsets and sizing.

Supports Non-Futures Symbols: Compatible with both futures and equities charts, assuming proper session configuration.

📈 How to Use It
Apply to any chart – Best suited for intraday timeframes (1m–30m) on ES, NQ, SPY, QQQ, etc.

Enable ETH if needed – Toggle the extended hours checkbox to include overnight sessions.

Adjust Deviation Multipliers – Fine-tune the standard deviation bands for your preferred volatility envelope.

Use Labels as Anchors – The on-chart labels clearly mark the key prior VWAP and deviation levels (+1D, -1D, etc.) for quick decision-making.

Multi-Day VWAP – Expand to multiple days for a broader reference point when a single prior session doesn’t capture full market context.

This tool works exceptionally well when used alongside:

TPO or Volume Profiles

High-of-day / Low-of-day levels

Rejection / absorption setups in order flow

VWAP dev band reversion logic

✅ Use Cases
Fade extremes around +2D / -2D bands in balanced sessions

Look for failed breakout re-entries at +1D or -1D

Confirm or reject price acceptance using multi-day VWAP confluence

Determine if price is trading above or below developing value

⚠️ Disclaimer
This indicator is for educational purposes only and should not be interpreted as financial advice. It does not provide buy/sell signals. You are responsible for your own trading decisions. Always test on a demo account or paper trade before using with real capital.