Anchored VWAP with Std Dev Bands

### Anchored VWAP with 8 Standard Deviations Indicator

This powerful and flexible Pine Script indicator allows you to precisely analyze market dynamics using an Anchored VWAP combined with up to eight customizable standard deviation bands. By anchoring the VWAP to a specific bar of your choosing, you can gain a clear reference point tailored exactly to your trading strategy, enabling detailed price action analysis around critical market events.

#### Key Features:

- **Interactive Anchor Selection:** When adding the indicator to your chart, TradingView prompts you to select the exact bar from which to anchor the VWAP calculation, allowing pinpoint accuracy and flexibility.

- **Customizable Standard Deviations:** Define up to 8 individual standard deviation levels via intuitive inputs, ensuring the indicator adapts seamlessly to your analytical needs.

- **Source Flexibility:** Easily adjust the data source used for VWAP calculation—whether closing price, high, low, or any other price input available—giving you full control over the indicator's calculation.

- **Clear Visual Representation:** The anchored VWAP is prominently plotted in blue, while upper standard deviations are displayed in progressively stronger shades of green, and lower deviations in shades of red, making trend analysis clear and intuitive.

### Usage Recommendations:

Ideal for traders employing mean reversion strategies, trend-following systems, or looking for clear support and resistance levels based on institutional benchmarks. Perfectly suited for intraday traders, swing traders, and long-term investors seeking precise volume-weighted insights.

Enhance your analysis and trading precision today with the Anchored VWAP with 8 Standard Deviations Indicator.