OPEN-SOURCE SCRIPT

Anchored VWAP Band

Updated
Simple script to anchor vwap to a drag and drop spot on the chart and display it as a band instead of a line.

the AVAP Band displays:
1. The AVWAP using High as the source
2. The AVWAP using OHLC4 as the source
3. The AVWAP using Low as the source

This is just a different way of visualising VWAP from an anchored point in time (Band vs Line)

Release Notes
- Added option to display a standard deviation band
anchoredaverageavwappricesupportSupport and ResistanceVolume Weighted Average Price (VWAP)weighted

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer