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.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.