VWAP and its bands
VWAP (volume-weighted average price) is the average price of the session weighted by volume — the “fair” price for everyone who traded. CryptoScanX anchors it to the UTC day, week or month, or runs it over a rolling window. Standard-deviation bands around VWAP show how stretched price is: tags of ±2σ are statistically unusual.
Auto-anchored VWAP
An anchored VWAP starts from a meaningful bar instead of a calendar boundary. The VWAP Auto-Anchored indicator follows TradingView’s “VWAP Auto Anchored”: with the highest volume anchor and a length of 200, it restarts on the highest-volume bar of the last 200 and carries ±1σ, ±2σ and ±3σ bands. In side-by-side checks against TradingView on Bitcoin, Ethereum and smaller Delta Exchange coins, values matched to within a few hundredths of a percent.
Opening range breakout (ORB)
The ORB indicator gives the high, low, open, close, midpoint and width of the first 15, 30, 60, 120 or 240 minutes of the UTC day. All five windows work on any scan timeframe.
Scans to try
60-minute ORB breakout
Breaking the first hour’s range with real participation.
Reclaim of the lower band
A washout below −2σ of the auto-anchored VWAP bought back on rising volume — target the central VWAP.
Above session and weekly VWAP
Intraday strength that is also above the week’s volume-weighted average.
Frequently asked questions
Does the anchored VWAP match TradingView?
The auto-anchored VWAP uses the same anchor rule and band formula as TradingView’s “VWAP Auto Anchored”. In our checks against TradingView it matched to within a few hundredths of a percent on the same exchange data.
Which VWAP anchors are supported?
Session (UTC day), week (from Monday), month (from the 1st), rolling over N bars, and auto-anchored to the highest-volume bar.
Is VWAP free?
VWAP, VWAP bands, auto-anchored VWAP and ORB are Premium indicators.