Confluence AVWAP Breakout Ribbon

This advanced indicator overlays up to five Anchored VWAPs—Daily Session, Weekly, Monthly, Prior Swing High, and Prior Swing Low—directly onto your chart. It highlights a "confluence ribbon" between these levels, visually mapping the real-time price zone where institutional activity may cluster. The ribbon is colored dynamically so you can instantly spot which side of value price is breaking towards.

How it works:
• The script automatically recalculates each selected VWAP anchor in real time.
• For swing-high and swing-low anchors, it starts a new VWAP every time a new price swing is confirmed.
• You can enable or disable any anchor via the script’s Inputs panel to suit your trading style or asset.

Entry Signals:
• A long breakout (green up-arrow) triggers only on the first candle that closes above all active VWAP anchors.
• A short breakout (red down-arrow) triggers only on the first close below all active anchors.
• These signals help confirm when price makes a decisive move out of a key value zone, filtering out false or weak breakouts.

How to use:

Add the indicator to any chart or timeframe.

In the Inputs, choose which VWAP anchors to activate.

Watch for the ribbon color and width: a wider ribbon means more confluence between price zones.

Trade signals (arrows) are only painted on the first candle to break out above or below all anchors, making them easy to see and avoiding repaint.

Optional: Set up alerts using the built-in TradingView alerts for each breakout direction.

Customization:
• Toggle each anchor on/off for your preferred strategy.
• Adjust the swing length for pivots.
• Change ribbon opacity for better chart visibility.

Why it’s unique:
• Most VWAP scripts only plot a single line, or show basic session anchors.
• This indicator lets you stack up to five important VWAP anchors and requires consensus: price must clear all active anchors in one move to signal a breakout.
• The live ribbon and dynamic visuals provide clear confluence zones and breakout cues that go beyond traditional VWAP use.

Best practices:
• Works well on all major assets (stocks, crypto, FX, indices) and all chart timeframes.
• For highest reliability, use two or more anchors at a time.
• Consider using alongside your preferred trend or volatility filter.

For educational and research purposes only. This is not financial advice or a recommendation to buy or sell. Always use proper risk management and test before live trading.