Swing Anchored Vwap [BigBeluga]

🔵 OVERVIEW
Swing Anchored Vwap [BigBeluga] tracks the market’s directional behavior by anchoring VWAPs (Volume Weighted Average Price) to dynamically detected swing highs and lows. It visually distinguishes the active swing VWAP from historical ones—offering traders a clean view of trend-aligned value zones with clearly marked inflection points.

🔵 CONCEPTS

• Swing Anchored VWAPs: VWAPs are initiated from recent swing highs during downtrends and swing lows during uptrends.
  
• Trend Detection: The indicator identifies trend shifts based on the breaking of recent highest or lowest price value.
  
• Trend-Based Coloring:
   • Green VWAPs: are drawn from swing lows in uptrends.
  
   • Blue VWAPs: are drawn from swing highs in downtrends.
  
• Sensitivity Control: The Length input defines how far back the script looks to determine swing points—shorter lengths make it more reactive.
  

🔵 FEATURES

• Real-time VWAP projection from the current swing point, updated live.
  
• Historical VWAP traces with slightly faded color to emphasize the current active one.
  
• Swing markers automatically placed on highs/lows where VWAPs are anchored.
  
• Label with price value at the end of each active VWAP line for clarity.
  
• Adaptive color scheme that visually separates uptrend/downtrend zones.
  

🔵 HOW TO USE

• Use active VWAP as a dynamic support/resistance guide during ongoing trends.
  
• Observe breaks or rejections around these VWAPs for trend continuation or reversal clues.
  
• Compare current price position relative to swing VWAPs to assess trend maturity and extension.
  
• Combine with volume analysis or structure to increase conviction at swing points.
  

🔵 CONCLUSION
Swing Anchored Vwap [BigBeluga] merges the logic of anchored VWAPs and swing structure into a responsive visual tool. It helps traders stay aligned with the current trend while offering historical context via previous value anchors—ideal for intraday to swing-level analysis.