Anchored VWAP plus Bands MT5

Anchored VWAP — 5 draggable anchors with deviation bands 

Volume-weighted average price anchored to user-defined points on the chart. Drop an anchor where you want the VWAP to start — earnings, swing high/low, session open, any event — and the indicator recalculates from that bar forward.

What it does:

• Up to 5 independent anchors, each with its own VWAP line and color, running simultaneously on the same chart
• 2 configurable σ deviation bands (default ±1σ and ±2σ) attachable to any single anchor of your choice
• Draggable anchor arrows — move an anchor anywhere on the chart, VWAP recomputes instantly
• Click-to-reposition in edit mode: click any bar to move the active anchor there
• Stable anchor IDs across timeframes — switching TF does not break or reset your anchors

Keyboard controls (edit mode):

• E — toggle edit mode (draggable / locked)
• W — cycle active anchor
• R — reset all anchors to defaults
• Click on chart (while in edit mode) — jump the active anchor to the clicked bar

Customization (13 inputs):

• Number of anchors shown: 1 to 5
• Individual color per anchor (5 separate color inputs)
• VWAP line width
• Toggle deviation bands on/off
• Choose which anchor carries the bands
• Two independent deviation multipliers (σ)
• Two band colors
• Band line width
• Anchor size (1–5)

Why use anchored VWAP?

• Post-news buyer/seller positioning
• Intraday institutional accumulation zones
• Trend health after a swing pivot
• Reversion targets after a deviation spike

Compatibility:

• MetaTrader 5 only
• All timeframes
• All symbols (forex, indices, crypto, equities)

Limitations:

• Edit-mode keybinds require keyboard focus on the chart (click chart first if inputs seem ignored — standard MT4 behavior)
• 2 deviation bands max (±1σ, ±2σ). More bands are not supported.
• Bands attach to one anchor at a time, not multiple anchors simultaneously.