Aggregated VWAP by Vibie

Aggregated VWAP (Professional Layout)

🧠 Concept

VWAP (Volume Weighted Average Price) is a widely used institutional benchmark for fair price.
This indicator enhances standard VWAP by aggregating multiple exchanges, adding standard deviation bands, and offering two visualization modes (bands or lines), providing a professional-grade VWAP analysis tool.

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⚙️ How It Works
1. VWAP Calculation
• VWAP = Σ(price × volume) ÷ Σ(volume), using hlc3 as price reference.
• The indicator supports multiple anchor periods: Daily, Weekly, Monthly, Quarterly, and Yearly.
2. Exchange Aggregation
• VWAP values are aggregated from Binance, Bybit, and Coinbase to compute a market-wide VWAP.
• This prevents bias from a single exchange.
3. Standard Deviation Bands
• Plots ±1σ, ±2σ, ±3σ, ±4σ bands around VWAP.
• These show statistical extremes relative to fair value and act as dynamic overbought/oversold zones.
4. Display Modes
• Bands Mode → continuous VWAP and deviation bands.
• Lines Mode → plots VWAP and deviation levels as fixed horizontal lines for each completed period (e.g., pWeek VAL, dMonth VWAP).

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🧭 How to Use
• VWAP levels act as dynamic support/resistance.
• Deviation bands highlight statistically stretched price areas.
• Previous period VWAP levels (e.g., pWeek, pMonth) often act as institutional reference points.
• Ideal for both swing and intraday trading strategies.

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🌟 Why It’s Original and Useful
• Uses aggregated data for more reliable VWAP calculations.
• Integrates standard deviations, period anchoring, and labeling into one tool.
• Professional layout mirrors institutional analysis techniques.
• Extremely versatile for trend following, mean reversion, and breakout systems.