Multiple Anchored VWAP With Bands

The Anchored VWAP (aVWAP) indicator lets traders select a specific starting bar—such as a significant high or low, an earnings release, or a major news event—to anchor VWAP calculations. By resetting the VWAP from a chosen moment, it clearly visualizes whether bullish or bearish momentum has dominated since that point, offering insight into shifts in market sentiment. The added bands helps to catch the price correctly.

This tool allows you to plot up to four separate aVWAP lines on your chart, each fully customizable.

Key Features:

- Plot independent aVWAP lines

- Set a custom start date and time for each anchor point

- Choose custom colors for each line

- Optionally label the starting bar for clarity

- Apply custom resolutions for flexible timeframe analysis