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Multi Anchor VWAP

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This Multi Anchor VWAP (Volume Weighted Average Price) indicator is made for traders who need accuracy, clear visuals, and an eye on bigger trends.

Features include:

The first anchor is set to the very first candle on your chart.
The second anchor is aligned with the last or current Friday on the chart.
The third anchor is customizable based on your input.
For the third anchor, you can pick the exact year, month, and day to start the VWAP.
The source used is HLC3.
You have full control over how it looks.
Change the color, line width, and style (solid, dotted, dashed, etc.).
Designed to be visible on both light and dark backgrounds.

This indicator works well for:

Weekly expiry options like Nifty and Sensex.
Spotting main zones where price might turn or pause.
Seeing where to set stops during trend dips.
Confirming if a breakout is real.
Combining with other tools like Market Cipher, VRVP, and Fibonacci levels.

How to use: Add the indicator to your chart. Open the settings panel. Set the first and second anchor points; these are fixed. For the third, you can customize. Choose the date and time to start the VWAP from under “Custom Anchor Input.” Pick your preferred color and line thickness to match your style. The VWAP will plot from that point onward.

Best use cases: Use it to spot support and resistance from intraday breakouts. Trace from swing highs or lows to find mean reversion zones. Watch how the VWAP reacts during big macro events or at expiry days.

The design is simple and clean—no labels. Works on all timeframes from 1-minute charts to daily. Perfect for serious intraday traders and those holding positions longer-term.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.