VWAP Multi Prev and current + Midnight

Advanced Multi-Period VWAP + PVA & NY Midnight Open

This indicator is a professional-grade liquidity and volume-analysis tool designed for intraday and swing traders who rely on institutional benchmarks. It combines Current VWAPs, Previous Period Value Areas (PVA), and the NY Midnight Open into a single, high-precision overlay.

🚀 Key Features
1. High-Precision MTF Engine
Standard VWAP indicators often lose accuracy on higher timeframes (like the 1H or 4H). This script includes a High Precision Mode that uses lower timeframe data (1m, 5m, or 15m) via request.security to ensure that every calculation is mathematically exact, regardless of your chart’s resolution.

2. Triple-Timeframe Coverage
Track three critical institutional cycles simultaneously:

Daily: Includes a toggle for "Standard" (Midnight) or "Custom NY Session" (09:30 AM) anchors.

Weekly: Anchored to the start of the trading week.

Monthly: Anchored to the first day of the month.

3. Previous Value Area (PVA) "Shelves"
The indicator doesn't just plot current lines; it draws "shelves" for the Previous Period’s VWAP and its Standard Deviation Bands. These areas represent the "Fair Value" of the previous day/week/month and often act as powerful magnets or support/resistance zones.

Visuals: Customizable fills and border styles for clear distinction between periods.

4. NY Midnight Open
The NY Midnight (00:00 EST) open is widely regarded as the "Starting Point" for the daily candle. Trading above it suggests a bullish bias, while trading below suggests a bearish bias. This script automates this level, providing a clear reference point for intraday direction.

5. Customizable Standard Deviation Bands
Enable dynamic bands for Daily, Weekly, or Monthly periods to identify overextended price action (overbought/oversold) relative to volume.

🛠 How to Use
The "Magnet" Effect: Watch for price to return to the Previous Daily/Weekly VWAP (the center line of the "shelves") during mean-reversion setups.

Institutional Bias: If price is above the NY Midnight Open AND the Current Daily VWAP, look for long opportunities.

Volatility Confluence: Use the Standard Deviation Bands to find exhaustion points where volume-weighted price is stretched to its limit.

⚙️ Settings
Precision Settings: Choose the timeframe used for background calculations. (Default: 1m for Daily, 5m for Weekly).

Anchor Modes: Switch the Daily VWAP to start at the NY Pit Open (09:30) for a session-specific view.

Visual Styles: Choose between Lines, Steps, Circles, or Crosses to match your chart aesthetics.