OPEN-SOURCE SCRIPT

VWAP Anker: Time, ATH/ATL, Swings, Pivots & Dynamic Alerts

620
VWAP Ultimate: Time, ATH/ATL & Bear-Market Swings

VWAP Ultimate combines multiple important VWAP anchors into a single indicator, helping traders identify institutional price levels, long-term market structure, and key support and resistance zones.

Instead of relying on a single traditional VWAP, this indicator provides several anchoring methods that offer different perspectives on market behavior.

Included VWAP Types
📅 Time-Based VWAPs
Daily VWAP
Weekly VWAP
Monthly VWAP

These VWAPs automatically reset at the beginning of each new period and are especially useful for:

Intraday trading
Swing trading
Trend identification
Dynamic support and resistance levels
🚀 All-Time High VWAP (ATH VWAP)

This VWAP is anchored from the asset's historical all-time high.

Use cases:

Evaluating market strength after major bullish moves
Identifying long-term resistance and support zones
Estimating institutional cost basis above historical highs
📉 All-Time Low VWAP (ATL VWAP)

This VWAP is anchored from the asset's historical all-time low.

Use cases:

Analyzing long-term accumulation phases
Identifying major support areas
Evaluating long-term market cycles
🐻 Bear Market Swing VWAPs

The indicator detects significant swing highs and swing lows using a 20/20 pivot structure.

Calculated levels:

VWAP anchored to the most recent significant swing high
VWAP anchored to the most recent significant swing low

These levels are particularly useful during:

Bear markets
Market corrections
Trend reversals
Identification of institutional entry and exit zones
Customization

Each VWAP category can be enabled or disabled independently:

✅ Time-Based VWAPs (D/W/M)
✅ ATH / ATL VWAPs
✅ Bear Market Swing VWAPs

This allows traders to tailor the chart to their specific trading style and analysis needs.

Markets & Use Cases

This indicator can be applied to:

Stocks
Cryptocurrencies
Indices
Futures
Forex

It is especially valuable for traders and investors who analyze multiple time horizons and want to combine key market anchors into a single tool.

Core Concept

VWAP levels are widely used by institutional market participants as a benchmark for fair value. By combining time-based, historical, and structural anchor points, this indicator provides a broader view of market structure than a standard VWAP alone.

A comprehensive tool for analyzing trend direction, market structure, and long-term support and resistance levels within a single indicator.

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.