Anchored VWAP +/- SD Bands
**Anchored VWAP +/− SD Bands** plots the volume-weighted average price from a chosen anchor with ±1, ±2 and ±3 standard-deviation bands, plus a live Z-score readout so you can see *exactly* how stretched price is from session fair value.
## What it does
VWAP is the price every dollar of volume has paid since the anchor — the "fair value" reference for the session. The SD bands wrap that line in statistical confidence intervals: ~68% of bars stay within ±1σ, ~95% within ±2σ, >99% within ±3σ. Touching the bands means price is over-extended relative to where volume agrees the asset should trade.
## Features
**Three anchor modes**
- **Futures (18:00 ET)** — resets daily at the futures session open
- **Daily (00:00 ET)** — resets at midnight ET (use for crypto / 24h symbols)
- **Custom Date/Time** — resets ONCE at any timestamp you pick. Anchor from FOMC, earnings, contract roll, a swing high or low, the post-news candle — anything that matters to your context.
**Z-score panel** — live numeric readout of current σ distance from VWAP, color-coded:
- green inside ±1σ (normal)
- orange ±1σ to ±2σ (stretched)
- red beyond ±2σ (extreme)
Switchable to any of the 4 chart corners.
**±1, ±2, ±3 SD bands** — full statistical range visible at a glance, with the ±2σ channel filled blue.
**Smart warmup** — bands stay hidden for the first N bars after each anchor reset so they don't snap onto VWAP at the open.
**Configurable source** — defaults to `hlc3` (conventional VWAP input), switch to close, ohlc4, etc.
**Optional slope coloring** — color VWAP green when rising, red when falling for at-a-glance trend bias. Off by default (yellow line).
**VWAP value tag** — small label at the right tip of the line showing the current VWAP price.
**5 built-in alerts** — band tags (upper/lower), VWAP reclaim, VWAP lost, anchor reset. All carry the `{{ticker}}` placeholder.
**Works on every timeframe** — uses minute-of-day crossing detection instead of bar-start equality, so the anchor fires correctly on 1m, 4H, 8H, daily — anywhere.
## How to use
**Mean reversion**: fade ±2σ / ±3σ tags back toward VWAP. The Z-score going red flags the setup before you read the chart.
**Trend**: VWAP acts as session support/resistance. The "VWAP reclaim" and "VWAP lost" alerts mark regime shifts intraday.
**Context**: a symbol pinned to +1σ all session is trending strong; one oscillating around 0σ is balanced; one tagging both ±2σ in the same session is volatile or news-driven.
## Settings
All inputs grouped: **Anchor**, **Math**, **Display**. Panel position is swappable between all 4 corners. Every input has a tooltip.
## Notes
- The "Custom Date/Time" anchor only resets once. Use it for event-anchored trades (post-FOMC, swing high, breakout candle).
- On volume-less instruments (some indexes), the indicator falls back to a time-weighted mean so the line still renders.
- Load enough chart history to include your anchor point or the indicator will accumulate from chart-start instead.
## License
Source code is released under the Mozilla Public License 2.0. Fork freely.
## What it does
VWAP is the price every dollar of volume has paid since the anchor — the "fair value" reference for the session. The SD bands wrap that line in statistical confidence intervals: ~68% of bars stay within ±1σ, ~95% within ±2σ, >99% within ±3σ. Touching the bands means price is over-extended relative to where volume agrees the asset should trade.
## Features
**Three anchor modes**
- **Futures (18:00 ET)** — resets daily at the futures session open
- **Daily (00:00 ET)** — resets at midnight ET (use for crypto / 24h symbols)
- **Custom Date/Time** — resets ONCE at any timestamp you pick. Anchor from FOMC, earnings, contract roll, a swing high or low, the post-news candle — anything that matters to your context.
**Z-score panel** — live numeric readout of current σ distance from VWAP, color-coded:
- green inside ±1σ (normal)
- orange ±1σ to ±2σ (stretched)
- red beyond ±2σ (extreme)
Switchable to any of the 4 chart corners.
**±1, ±2, ±3 SD bands** — full statistical range visible at a glance, with the ±2σ channel filled blue.
**Smart warmup** — bands stay hidden for the first N bars after each anchor reset so they don't snap onto VWAP at the open.
**Configurable source** — defaults to `hlc3` (conventional VWAP input), switch to close, ohlc4, etc.
**Optional slope coloring** — color VWAP green when rising, red when falling for at-a-glance trend bias. Off by default (yellow line).
**VWAP value tag** — small label at the right tip of the line showing the current VWAP price.
**5 built-in alerts** — band tags (upper/lower), VWAP reclaim, VWAP lost, anchor reset. All carry the `{{ticker}}` placeholder.
**Works on every timeframe** — uses minute-of-day crossing detection instead of bar-start equality, so the anchor fires correctly on 1m, 4H, 8H, daily — anywhere.
## How to use
**Mean reversion**: fade ±2σ / ±3σ tags back toward VWAP. The Z-score going red flags the setup before you read the chart.
**Trend**: VWAP acts as session support/resistance. The "VWAP reclaim" and "VWAP lost" alerts mark regime shifts intraday.
**Context**: a symbol pinned to +1σ all session is trending strong; one oscillating around 0σ is balanced; one tagging both ±2σ in the same session is volatile or news-driven.
## Settings
All inputs grouped: **Anchor**, **Math**, **Display**. Panel position is swappable between all 4 corners. Every input has a tooltip.
## Notes
- The "Custom Date/Time" anchor only resets once. Use it for event-anchored trades (post-FOMC, swing high, breakout candle).
- On volume-less instruments (some indexes), the indicator falls back to a time-weighted mean so the line still renders.
- Load enough chart history to include your anchor point or the indicator will accumulate from chart-start instead.
## License
Source code is released under the Mozilla Public License 2.0. Fork freely.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.