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by emanuelmb10
Hey everyone! For those of you who like the AVWAP (I think it’s awesome)—this is a simple indicator that AI helped me develop. It’s been a huge help with my intraday trading.
The Multi-Anchored VWAP allows you to plot up to 8 independent curves directly on your chart using the Add AVWAP, Del AVWAP, and Reset on-screen buttons—simply double-click any colored vertical line and drag it to your desired candle (such as session opens, key highs/lows, or news events) to track institutional volume-weighted average price from that exact point; furthermore, it features seamless native support for switching timeframes (from M1 to D1) and switching pairs (via Symbol Changer or drag-and-drop) in the same MT4 window, recalculating curves instantly while persistently saving each symbol's anchor coordinates in memory so you never lose your chart work when navigating the market.
PS: I’m not sure if there’s already one on the forum that allows for plotting up to 8 AVWAPs; I know of one that lets us plot a single AVWAP with the flexibility to move it to any point on the chart.