Anchored Volume Weighted Average Price | Astral Vision

The Anchored Volume Weighted Average Price | Astral Vision indicator plots up to 16 simultaneous volume-weighted average price lines anchored to specific calendar years or custom timestamps to identify the average cost basis of market participants from key historical points.

Usage

The Usage section describes how the script can be used to identify dynamic support and resistance levels based on market positioning. When the price trades above an anchored VWAP, the aggregate of participants since that anchor point is in profit; conversely, when the price is below, they are in a loss. This makes these levels highly reactive as participants often defend their average entry price.

• Multi-Year Analysis: Traders can toggle specific years (2013–2025) to see how historical price cycles influence current price action.
• Significant Events: Use the three custom anchors to track the cost basis from specific structural dates such as cycle lows, halving events, or major regulatory approvals.
• Confluence Zones: When multiple anchored VWAP lines converge in a single price area, it indicates a strong zone of interest where various historical cohorts share a similar cost basis.

Details

The indicator calculates the VWAP by dividing the cumulative product of price (HLC3) and volume by the cumulative volume starting from the anchor point. Unlike standard moving averages that weight time equally, the anchored VWAP weights each bar by its trading activity.

The tool includes:

• Independent Accumulation: Each VWAP line runs its own independent calculation, starting from the first bar of the designated year or the exact timestamp of a custom anchor.
• Visual Rendering: Each active line features a dual-layer glow effect for better visibility and is accompanied by a label at the current bar for easy identification.
• Spectral Color Coding: Yearly anchors are pre-assigned colors along a spectrum (from violet for 2013 to yellow for 2025) to help distinguish between different market cycles at a glance.

Settings

• Year Toggles (2013–2025): Individual checkboxes to enable or disable the VWAP line for each specific calendar year.
• Year Color Pickers: Allows customization of the line and label color for each yearly anchor.
• Custom 1 / 2 / 3: Checkboxes to enable up to three additional user-defined anchored VWAPs.
• Custom Time Inputs: Sets the specific starting date and time for each custom anchor point.
• Custom Color Pickers: Sets the visual color for the custom anchor lines.

FAQ

How do I use this to find support and resistance? Observe how price reacts when it approaches a VWAP line; these levels represent the average cost basis for participants since the anchor date and often act as areas where traders defend their positions.

Can I track specific events like the Bitcoin Halving? Yes, you can use the Custom Anchor settings to input the exact date and time of a halving event to see the average price paid by participants since that moment.

How do I access this indicator? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.