OPEN-SOURCE SCRIPT
Auto-Anchored VWAP with Bands & Dashboard
Overview
The Auto-Anchored VWAP with Bands & Dashboard is a premium, high-performance technical analysis tool designed for TradingView (Pine Script v6). It calculates the Volume Weighted Average Price (VWAP) along with three customizable Standard Deviation (or Percentage) bands, starting from dynamic anchoring conditions. It also features a floating, real-time metrics dashboard on your screen to track distance, volatility, and trend bias, as well as optional chart coloring and crossover signals.
Key Functional Areas
1. Dynamic Anchoring System
Unlike standard VWAP indicators that reset only at the start of the day, this script lets you select how and when the VWAP calculation resets:
Calendar Boundaries: Automatically resets calculations at the start of a Session (Day), Week, Month, Quarter, Year, Decade, or Century.
Auto Mode: Detects your chart timeframe—resets daily on intraday charts (1m, 5m, 1h, etc.) and monthly on higher resolution charts (Daily, Weekly, etc.).
Lookback Back-Scanning: Scans a lookback window (e.g., the last 14 bars) to anchor the VWAP at the exact bar where the Highest High, Lowest Low, or Highest Volume occurred.
Corporate Events: Resets the calculation on the exact bar when new corporate Earnings, Dividend payouts, or Stock Splits are announced (ideal for stock traders).
2. Multi-Bands & Custom Price Sources
Dropdown Source Selection: Select your calculation price source, including Open, High, Low, Close, (H+L)/2, (H+L+C)/3 (Typical Price), (O+H+L+C)/4, or (H+L+C+C)/4 (Weighted Close).
3 Independent Bands: Toggle up to three bands above and below the VWAP using Standard Deviation multipliers or percentage offsets.
Visual Highlights: Colors the area between the upper and lower Band #1 with a transparent green background to highlight the core trading range.
3. Floating Metrics Dashboard
A clean, dark glassmorphic table floats in your selected corner of the chart (e.g., Top Right) to summarize current market conditions:
Source: The current value of the selected price source.
VWAP Value: The exact price of the VWAP line.
CMP to VWAP (Current Market Price): Displays how far the current price is from the VWAP line in absolute points/pips and as a percentage, color-coded green (above) or red (below).
Bands Mode & Volatility: Shows whether bands are Standard Deviation or Percentage based, and the current value of the standard deviation.
Anchor Type & Length: Displays the selected anchor period and the lookback length.
Bars Since Reset: Shows exactly how many bars have passed since the VWAP calculation started or reset.
Market Bias: Displays a clear Bullish (Above VWAP) or Bearish (Below VWAP) trend bias.
The Auto-Anchored VWAP with Bands & Dashboard is a premium, high-performance technical analysis tool designed for TradingView (Pine Script v6). It calculates the Volume Weighted Average Price (VWAP) along with three customizable Standard Deviation (or Percentage) bands, starting from dynamic anchoring conditions. It also features a floating, real-time metrics dashboard on your screen to track distance, volatility, and trend bias, as well as optional chart coloring and crossover signals.
Key Functional Areas
1. Dynamic Anchoring System
Unlike standard VWAP indicators that reset only at the start of the day, this script lets you select how and when the VWAP calculation resets:
Calendar Boundaries: Automatically resets calculations at the start of a Session (Day), Week, Month, Quarter, Year, Decade, or Century.
Auto Mode: Detects your chart timeframe—resets daily on intraday charts (1m, 5m, 1h, etc.) and monthly on higher resolution charts (Daily, Weekly, etc.).
Lookback Back-Scanning: Scans a lookback window (e.g., the last 14 bars) to anchor the VWAP at the exact bar where the Highest High, Lowest Low, or Highest Volume occurred.
Corporate Events: Resets the calculation on the exact bar when new corporate Earnings, Dividend payouts, or Stock Splits are announced (ideal for stock traders).
2. Multi-Bands & Custom Price Sources
Dropdown Source Selection: Select your calculation price source, including Open, High, Low, Close, (H+L)/2, (H+L+C)/3 (Typical Price), (O+H+L+C)/4, or (H+L+C+C)/4 (Weighted Close).
3 Independent Bands: Toggle up to three bands above and below the VWAP using Standard Deviation multipliers or percentage offsets.
Visual Highlights: Colors the area between the upper and lower Band #1 with a transparent green background to highlight the core trading range.
3. Floating Metrics Dashboard
A clean, dark glassmorphic table floats in your selected corner of the chart (e.g., Top Right) to summarize current market conditions:
Source: The current value of the selected price source.
VWAP Value: The exact price of the VWAP line.
CMP to VWAP (Current Market Price): Displays how far the current price is from the VWAP line in absolute points/pips and as a percentage, color-coded green (above) or red (below).
Bands Mode & Volatility: Shows whether bands are Standard Deviation or Percentage based, and the current value of the standard deviation.
Anchor Type & Length: Displays the selected anchor period and the lookback length.
Bars Since Reset: Shows exactly how many bars have passed since the VWAP calculation started or reset.
Market Bias: Displays a clear Bullish (Above VWAP) or Bearish (Below VWAP) trend bias.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。