Anchorline One
- 지표
- 버전: 1.0
One anchor. One band. A clear view.
Anchorline One draws one anchored VWAP (volume weighted average price) on your MetaTrader 5 chart and a +/-1 standard deviation band around it. Choose the anchor: start of the day, week or month, or the last swing high or low. A small panel shows the VWAP, whether price is above or below it, and the distance in points and in ATR.
It is an analysis tool. It does not open trades and it does not give buy or sell signals.
What you see
- One anchored VWAP line with a small dot at the anchor candle and a label at the right edge with the anchor type and the price.
- A +/-1 standard deviation band with a soft fill.
- Panel: VWAP, over / under status, distance in points and in ATR(14). Drag it, collapse it, choose 90 to 150 % size. Light or dark colours follow your chart.
How it is calculated
VWAP: the sum of price times volume divided by the sum of volume, from the anchor candle up to the current candle. The price is (High + Low + Close) / 3 by default; (Open + High + Low + Close) / 4, (High + Low) / 2 and Close can be chosen. Volume is tick volume by default; real volume can be chosen. On forex and CFD symbols tick volume describes activity, it is not exchange volume.
Band: the volume weighted standard deviation of the price around the VWAP.
Last swing: a candle whose high (low) is higher (lower) than the N candles before it and not exceeded by the N candles after it (N = strength, default 10). It is confirmed when those N candles have closed. The anchor is the newer of the last swing high and swing low.
No repaint
Each closed candle is added to the running sums exactly once, in time order. The VWAP and band values of a closed candle are never recalculated afterwards (unless the broker changes its price history). A swing anchor appears when the swing is confirmed, N candles after it, and is not moved afterwards. Day, week and month anchors show the current period and start again when a new period begins. Only the right end of the line and the distances in the panel follow the live candle.
Quick start
Attach it to any chart and choose the anchor in the inputs. It works on forex, metals, indices and crypto from M1 to D1.
Pro edition
Anchorline Anchored VWAP adds up to 8 anchors at the same time, BOS, CHoCH, session and manual anchors set by click, +/-2 bands, switches per anchor in the panel and alerts.
FAQ
Why does a swing anchor appear a few candles late? A swing is only confirmed when the next N candles have closed.
Why did my day VWAP restart? Day, week and month anchors begin again with every new period.
Does it work in the Strategy Tester? Yes, in visual mode.
Resources: only new closed candles are added to the sums. No DLL, no web requests, no files.
Important
An analysis tool, not a signal service. An average price line and its band describe past price movement and do not predict it. No result is promised. Trading leveraged products carries a high risk of loss.
Input parameters
General: language, candles to load (3000), colour theme, label font size (8), price used (HLC3), volume used (tick). Anchor: day start, week start, month start or last swing, swing strength (10), +/-1 band on / off, fill on / off, line width (2), label on / off. Panel: on / off, start position X / Y, size. Colour: line colour.
Pro edition: Anchorline Anchored VWAP

