IPO AVWAP with Label

This indicator calculates the IPO Anchored Volume-Weighted Average Price (AVWAP) from the first bar of the chart and plots it as a line. It highlights when the price crosses above, crosses below, or touches the IPO VWAP with visual shapes and provides alert conditions for each event. Perfect for traders looking to track the initial trading benchmark of a stock and identify key intraday or swing trading levels.

Features:
Plots the IPO AVWAP line on the chart
Shows labels at the last bar with IPO AVWAP value
Detects price crosses and touches with markers
Supports custom alerts for cross/touch events