OPEN-SOURCE SCRIPT
Updated VWAP - Monthly Auto Anchored
Monthly VWAP auto anchors to the start of each month
Lines are labelled and text changes when the line changes color
Has Std Dev Bands
Locked to Monthly only
Lines are labelled and text changes when the line changes color
Has Std Dev Bands
Locked to Monthly only
Release Notes
Replaced the Delta Triangle with a directional triangle that changes direction to weather above or below the VWAPRelease Notes
Fixes- Line color matching line labels when changed
Release Notes
UpdatesSame label format applied as Weekly and RTH/Globex
Monthly VWAP (▲: 12.50 pts) with optional | Ext: when outside bands
Band labels show as Monthly UB / Monthly LB
Fixed variable scoping bug
Release Notes
Resolved issue to show correct points between VWAP and BandsRelease Notes
Fixed issue that 1-2min charts monthly isn't matching the 5min cause of the number of candlesTradingview gives you so its now locked to the 5min data on all timeframes
Release Notes
Update:- Fixed: a calculation bug where the monthly VWAP could drift on active symbols — the running total was being re-added on every price tick of the still-forming calculation-timeframe bar instead of once per closed bar.
- Fixed: labels now update correctly during Bar Replay — previously they didn't appear until replay caught all the way up to the live bar.
- Fixed: "Percentage" band mode now has its own width input instead of being locked at 1%.
- Fixed: a data gap (missing price/volume) no longer risks corrupting the running VWAP total.
- Added: "Show Current Price on Label" option — displays the live price alongside the VWAP label, toggle on/off as preferred.
Release Notes
Update:- Changed: "Show Current Price on Label" replaced with two separate toggles — "Show Price on VWAP Label" and "Show Price on Band Labels" (the latter applies to both UB and LB together).
- Fixed: each label now shows its own value (VWAP labels show the VWAP price, band labels show that band's price) instead of all three showing the same current market price.
Release Notes
Update notes:Fixed a VWAP accuracy bug where the running total was being recalculated on every price tick of the still-forming bar, causing that bar's volume to be counted multiple times before it closed. VWAP now only commits a bar's contribution once, when it closes.
Fixed a Bar Replay bug where the line and labels wouldn't draw until replay caught all the way up to the current live bar.
Fixed "Percentage" band mode, which was previously hardcoded to 1% with no way to adjust it — added a Percentage Width (%) input.
Added the option to show each line's own current price directly on its label. Two independent toggles: one for the VWAP label, and one shared toggle for the Upper/Lower Band labels together. Both now default to on.
Added a toggle to show/hide the band-width and extension-distance info on the VWAP label, for anyone who just wants the plain label name (and price). Defaults to on.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.