OPEN-SOURCE SCRIPT
Structure-Anchored VWAP
Structure-Anchored VWAP — a VWAP that re-anchors to market structure, not the clock
A normal VWAP resets on a fixed session — the day, the week. But the level that matters is rarely the one measured from midnight; it's the one measured from the move you're actually trading: the last change of character, the last break of structure, the last liquidity sweep. Structure-Anchored VWAP resets its cumulative volume-weighted average price from the structural event YOU choose, so the mean / value line is always measured from what is driving price right now.
It's a value / mean-reference tool — a place to read where "fair value" sits for the current leg and how stretched price is from it. Free and open-source. Please read the honest note below — it makes no win-rate or profit claims.
── WHAT IT DOES ──────────────────────────────────────────
1) STRUCTURE-CHOSEN ANCHOR
Pick the event that resets the VWAP (clears its cumulative price×volume sums and starts fresh from that bar):
• Last CHoCH — the first break AGAINST the prevailing trend (change of character).
• Last BOS — a break of structure in the trend direction (continuation).
• Last liquidity sweep — a wick past the latest swing high/low that closes back inside (a stop-hunt).
• Session start — the beginning of each session on a timeframe you set (D / W / …).
• Any structure shift — whichever of BOS / CHoCH / sweep prints first.
Every structural event is confirmed on bar close — it does not repaint.
2) MANUAL CUMULATIVE VWAP
The line is a true anchored VWAP built by hand — Σ(price×volume) / Σ(volume) accumulated from the anchor bar forward — not the fixed session VWAP. Source is selectable (hlc3 default, or close / ohlc4 / hl2). On symbols with no volume, it falls back to an equal-weight average so the line still means something.
3) DEVIATION BANDS (±1σ / ±2σ)
Inner and outer bands drawn from the volume-weighted standard deviation of price around the anchored VWAP (classic VWAP bands), shown as a shaded envelope. Bands are naturally tight right after an anchor and widen as the leg develops. Both multipliers are adjustable.
4) ANCHOR MARKERS
A small ⚓ marker drops on every re-anchor, naming the event (BOS ▲/▼, CHoCH ▲/▼, Sweep ▲/▼, Session), so you can see exactly where and why the VWAP reset.
── HOW TO USE IT ─────────────────────────────────────────
• Value reference: the anchored VWAP is a running "fair value" for the current leg. Price trading back to it after an extension is a mean-reference event — where responsive participants often reappear.
• Bands as context: the outer band flags a statistically stretched excursion from the leg's mean. That's context for a decision, not a signal to fade — strong trends can ride an outer band.
• Anchor choice matters: a CHoCH anchor frames value from the last shift in character; a sweep anchor frames it from the last stop-hunt; a session anchor gives a classic session value line. Match the anchor to the question you're asking.
── NON-REPAINTING ────────────────────────────────────────
By the nature of a VWAP, the line and its bands UPDATE LIVE on the developing (unclosed) bar — that is expected and correct; a VWAP is a running average that finalises when the bar closes. The ANCHOR events that reset it are confirmed on bar close (barstate.isconfirmed) using closed-bar swing pivots, so they do not repaint — an anchor doesn't appear and then move once set.
Free & open-source (MPL-2.0). For research and education. Not financial advice; no guarantee of profit. Test on your own markets and manage your own risk.
A normal VWAP resets on a fixed session — the day, the week. But the level that matters is rarely the one measured from midnight; it's the one measured from the move you're actually trading: the last change of character, the last break of structure, the last liquidity sweep. Structure-Anchored VWAP resets its cumulative volume-weighted average price from the structural event YOU choose, so the mean / value line is always measured from what is driving price right now.
It's a value / mean-reference tool — a place to read where "fair value" sits for the current leg and how stretched price is from it. Free and open-source. Please read the honest note below — it makes no win-rate or profit claims.
── WHAT IT DOES ──────────────────────────────────────────
1) STRUCTURE-CHOSEN ANCHOR
Pick the event that resets the VWAP (clears its cumulative price×volume sums and starts fresh from that bar):
• Last CHoCH — the first break AGAINST the prevailing trend (change of character).
• Last BOS — a break of structure in the trend direction (continuation).
• Last liquidity sweep — a wick past the latest swing high/low that closes back inside (a stop-hunt).
• Session start — the beginning of each session on a timeframe you set (D / W / …).
• Any structure shift — whichever of BOS / CHoCH / sweep prints first.
Every structural event is confirmed on bar close — it does not repaint.
2) MANUAL CUMULATIVE VWAP
The line is a true anchored VWAP built by hand — Σ(price×volume) / Σ(volume) accumulated from the anchor bar forward — not the fixed session VWAP. Source is selectable (hlc3 default, or close / ohlc4 / hl2). On symbols with no volume, it falls back to an equal-weight average so the line still means something.
3) DEVIATION BANDS (±1σ / ±2σ)
Inner and outer bands drawn from the volume-weighted standard deviation of price around the anchored VWAP (classic VWAP bands), shown as a shaded envelope. Bands are naturally tight right after an anchor and widen as the leg develops. Both multipliers are adjustable.
4) ANCHOR MARKERS
A small ⚓ marker drops on every re-anchor, naming the event (BOS ▲/▼, CHoCH ▲/▼, Sweep ▲/▼, Session), so you can see exactly where and why the VWAP reset.
── HOW TO USE IT ─────────────────────────────────────────
• Value reference: the anchored VWAP is a running "fair value" for the current leg. Price trading back to it after an extension is a mean-reference event — where responsive participants often reappear.
• Bands as context: the outer band flags a statistically stretched excursion from the leg's mean. That's context for a decision, not a signal to fade — strong trends can ride an outer band.
• Anchor choice matters: a CHoCH anchor frames value from the last shift in character; a sweep anchor frames it from the last stop-hunt; a session anchor gives a classic session value line. Match the anchor to the question you're asking.
── NON-REPAINTING ────────────────────────────────────────
By the nature of a VWAP, the line and its bands UPDATE LIVE on the developing (unclosed) bar — that is expected and correct; a VWAP is a running average that finalises when the bar closes. The ANCHOR events that reset it are confirmed on bar close (barstate.isconfirmed) using closed-bar swing pivots, so they do not repaint — an anchor doesn't appear and then move once set.
Free & open-source (MPL-2.0). For research and education. Not financial advice; no guarantee of profit. Test on your own markets and manage your own risk.
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สคริปต์แบบโอเพนซอร์ส
ด้วยเจตนารมณ์หลักของ TradingView ผู้สร้างสคริปต์นี้ได้ทำให้เป็นโอเพนซอร์ส เพื่อให้เทรดเดอร์สามารถตรวจสอบและยืนยันฟังก์ชันการทำงานของมันได้ ขอชื่นชมผู้เขียน! แม้ว่าคุณจะใช้งานได้ฟรี แต่โปรดจำไว้ว่าการเผยแพร่โค้ดซ้ำจะต้องเป็นไปตาม กฎระเบียบการใช้งาน ของเรา
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน