OPEN-SOURCE SCRIPT

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

35
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.

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