I had a request to do this indicator from a customer and I thought it would be a useful tool, so I got to work on it. I’ve added this as a free bonus to the existing Anchored VWAP and VWAP multiple timeframe set here.
The basic idea is you can define your Zig Zags as usual with the built in Zig Zag indicator. But instead of just plotting zig zags, the indicator will plot volume profiles for each wave/swing, and additionally anchor VWAPs to the most recent 5 swing high/low pivot points and plot them forward in time to present.
Here’s a quick walk through:
Get the indicator here (or if you’re an existing owner download it in the My Account > Orders > View Order Details page):