Fixed Date VWAP [victhoreb]

**Fixed Date VWAP**

Fixed Date VWAP is a custom TradingView indicator that provides a versatile method for calculating the Volume Weighted Average Price (VWAP) by anchoring the calculation either to a specific fixed date or to a defined period (such as daily, weekly, or monthly). This dual approach allows traders to customize the VWAP based on their preferred time frame, making it ideal for both short-term and long-term analysis.

**Key Features:**

- **Dual Anchoring Options:**
- *Fixed Date:* Begin the VWAP calculation from a user-defined date. The fixed date can be easily selected either by dragging the vertical date bar directly on the chart or through the settings panel.
- *Period:* Reset the calculation at the start of each chosen time frame (e.g., daily, weekly, monthly, etc.).

- **Customizable Deviation Bands:**
Up to three sets of deviation bands are plotted around the VWAP. Each band uses user-defined multipliers to determine its distance from the VWAP, helping to identify potential support, resistance, and volatility areas.

- **Visual Customization:**
Users can adjust the visibility of each band, choose their preferred colors, and enable a fill between the bands for enhanced chart readability.

- **Flexible Anchoring Utility:**
One of the major benefits of Fixed Date VWAP is its ability to adapt the anchor point to significant chart events, such as pivot points, enhancing the relevance of the VWAP in technical analysis.

Whether you're analyzing intraday movements or broader market trends, Fixed Date VWAP offers a dynamic and flexible perspective on price action, supporting more informed and strategic trading decisions.