Description
MultiAnchor-Pro is a chart indicator for traders who work with anchored 4 VWAP. Set up to four anchors with one click on a swing high or low, and each anchor draws its own VWAP line from exactly that point.
**What it does**
- 4 independent anchors, each with its own colour and a small button row on the chart: anchor | line type | timeframe | delete.
- Anchors 1 and 2 calculate on the chart candles. Anchors 3 and 4 calculate on a higher timeframe (5m, 15m, 1h, 4h), switched with one click on the chart. HTF lines use closed HTF bars only, so history and live look the same (no repaint).
- 5 line types, switched with one click on the anchor point or on the type name:
- Standard = classic anchored VWAP
- Elastic = moves only when the price is far away
- Smooth = calm, volume-weighted follower
- Kaufman = adaptive average
- Zone = all four together as a transparent area
- Band 1 / Band 2 (volume-weighted standard deviation) on the price side.
- Overshoot: the largest move against the line since the anchor, marked on the chart and shown in band widths (BW).
- Anchors, line types and timeframes are saved per symbol and timeframe and come back after a restart.
- Colours tuned for dark charts.
**Use cases:** mark the fair value since an important high or low, follow a trend leg, compare the same anchor on the chart and on a higher timeframe, see how far price has stretched against the line.
Summary
The indicator supports five line types—Standard, Elastic, Smooth, Kaufman, and Zone—switchable directly on the chart. It also features two volume-weighted standard deviation bands and an overshoot metric that marks the largest price move against each VWAP line since its anchor point. Anchors, line types, and timeframes are saved per symbol and timeframe for persistent use.
MultiAnchorPro’s color scheme is optimized for dark chart backgrounds. It is suited for marking fair value from key highs or lows, tracking trend legs, comparing VWAPs across timeframes, and assessing price deviations relative to anchored VWAP lines.
Discussion
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