Swing Anchored VWAP

Automatically anchor a Volume-Weighted Average Price to every swing high and swing low — no manual drawing, no guesswork.

Swing Anchored VWAP detects market structure in real time and plots two independent VWAP lines: one anchored to each swing high, one anchored to each swing low. Instead of a single flat VWAP that means less the further price moves from its start, this indicator resets itself at every new swing, always giving you a fresh, relevant read on where volume-weighted "fair value" sits relative to the current move.

Key Features

Dual Swing-Anchored VWAP Lines

• Blue line anchors to swing highs — tracks potential resistance as a downswing develops.
• Lime line anchors to swing lows — tracks potential support as an upswing develops.
• Each line automatically closes out and a new one begins the moment the next opposing swing forms.

Clean, Uncluttered Charting

• Lines are held a clear, fixed distance above/below price — they never trace or wrap around individual candles.
• Full history of past swing segments stays on the chart, so you can review the complete structure at a glance.
• A live price tag marks the current value of the active line at the right edge of the chart.

Precision Swing Detection

• Configurable lookback length lets you tune sensitivity — shorter for scalping, longer for swing trading.
• Arrows mark the exact bar each swing anchors from, so you always know where the current VWAP calculation started.

Fully Customizable

• Independent color controls for the high-anchored and low-anchored lines.
• Adjustable line width.
• Adjustable vertical clearance (in points) for each line, so it fits comfortably on any symbol regardless of price scale or volatility.

Built for Performance

• Lightweight, efficient calculation — no unnecessary redraws, no lag, even on fast timeframes.
• Works on any symbol and any timeframe: forex, indices, commodities, crypto CFDs.
• No external dependencies, no DLLs.

Who It's For

Traders who use volume-weighted price levels to gauge fair value, support/resistance, and trend strength — but want that read to update dynamically with market structure instead of staying anchored to a single fixed session start. Works well alongside price action, market structure, or trend-following strategies as a confirmation and context tool.

How to Use It

1. Add the indicator to any chart.
2. Watch the blue line during downswings and the lime line during upswings — price reacting to either line can signal continuation or exhaustion of the current move.
3. Tune the Length input to match your trading style; shorter lengths react faster to smaller swings, longer lengths filter for major structural pivots.
4. Adjust line colors, width, and the point-based clearance settings to match your chart theme and instrument.

Notes

• This is a charting/analysis tool, not an automated trading system — it does not place trades. Combine it with your own strategy and risk management.
• The most recent (active) segment updates as new price data forms, which is expected behavior for any anchored VWAP; completed swing segments remain fixed on the chart.

This indicator is a software tool for educational and informational purposes only and does not constitute financial or investment advice. Trading financial markets involves substantial risk of loss. No profit or performance is guaranteed.