Dynamic Swing Anchored VWAP for MT5 (Zeiierman Logic Reference Version)

This indicator reproduces TradingView's popular "Dynamic Swing Anchored VWAP" on MT5 with nearly identical appearance.

Recommended for

If you like the TradingView version and want to perform the same analysis on MT5.
Want to identify trend reversal points and pullbacks/retracements more easily.
Want to visualize the structure (HH, HL, LH, LL) to reduce uncertainty in decisions.
Want to trade on cleaner, more readable charts for discretionary trading.

Comparison with TV version

About this indicator

Markets move up and down like waves, sopeaks (highs) and troughs (lows)are very important to grasp.

This indicator findsthe important peaks and troughs (swings)within the chart, and from those pointsautomatically draws a dedicated VWAP linestarting from those points.

As a result,

the trend direction
pullback / retracement candidates
whether the market momentum will continue or turn

these points become,visually very clearto interpret.

Advantages of this indicator

① Automatically finds important points (swings)

Which highs and lows are truly important is difficult for the eye to judge. Since the indicator extracts them automatically, doubt decreases and the chart appearance becomes stable.

② By anchoring VWAP off the swing, you can see the market's true center of gravity

VWAP represents, from that point onward, the average price between buyers and sellers. In other words,the price range the market is basing its moves onis intuitively understood.

③ Color changes with up/down trends so the trend is visible at a glance

When the trend changes, a new color VWAP starts. This makes the market mode switch easier for beginners to spot.

④ HH・HL・LH・LL are auto-displayed → Easy waveform-structure analysis

The market is formed by many candlesticks creating a "wave." This indicator finds important points within that wave and displays them with four labels.

HH (Higher High): Higher than the previous high → a strong signal of an up move
HL (Higher Low): Higher than the previous low → signal that the uptrend continues
LH (Lower High): Lower than the previous high → downtrend preparation or waning upside momentum
LL (Lower Low): Lower than the previous low → strong downtrend signal

With these labels, the chart's “waveform structure” becomes very easy to understand.

● Typical uptrend patterns

For example, when you can see the following sequence, it's a typical uptrend.

LL → HL → HH → HL → HH …

- The lows are rising (HL) - Highs are also being set higher (HH) so it’s easy to judge that the uptrend is still continuing.

● Typical downtrend patterns

Conversely, the following sequence is a typical downtrend example.

HH → LH → LL → LH → LL …

- The highs are getting lower (LH) - Lows are also making new lows (LL) so you can understand that the price is trending downward.

● Points where the trend can break are also easy to identify

For example, during an uptrend,

near the HL formed after the HH

When this happens,the uptrend may end and a downtrend may beginbecomes more likely. These “trend-breaks” are also very easy to spot thanks to the labels.

● Support for deciding pullbacks and retracements

If the trend is up,

near the HL formed after the HH

acts as a pullback candidate,and in a downtrend,

near the LH formed after the LL

acts as a retracement candidateto watch.

Counting these by hand every time is tedious, but the indicator automatically outputs labels, so the waveform structure itself is “visualized,” making entry, take profit, and stop-loss decisions easier.

● Label layout close to the TradingView version

The label positions and logic are adjusted to be close to those shown in the TradingView version of Dynamic Swing Anchored VWAP, so those familiar with TV analysis can transition to MT5 without discomfort.

Main usage examples

When a new color VWAP starts, check for a potential trend reversal
Use the VWAP line vicinity as pullback buy (or retracement) candidates
Use HH / HL / LH / LL to decide whether the waveform has broken
Place MT5 and TV side by side to compare reversal points at the same timing

Main parameters

Swing Period: How large a “big wave” to extract
APT: How quickly the VWAP responds to price
ATR-driven: Adjusts follow speed according to market volatility
Volatility Bias: Adjustment when ATR linkage is enabled
Label display: Show HH・HL・LH・LL structure labels
Line color settings: Colors and thickness of up/down lines
Number of bars drawn: Performance setting to keep operation light

Notes

Due to MT5 data specifications, a perfect match with the TradingView version cannot be guaranteed.
This indicator is a helper tool to make market reading easier.
Please make your own trading decisions.

Support

If something is not working right or the display is distorted, please contact us with: broker name, symbol name, time frame, and a screenshot.

Dynamic Swing Anchored VWAP for MT5 (Zeiierman Logic Reproduction Version)

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