(Fixed-Range) Anchored VWAP

20 jam lalu

This "Fixed-Range Anchored VWAP" indicator allows traders full control over where the VWAP calculation begins and ends. VWAP combines both price and volume to reflect the true average price paid, often serving as a benchmark for gauging value, sentiment, and trend strength.

With this tool, traders can anchor VWAP to any candle, optionally define an end point, or keep it running forward with a single toggle. Up to three bands can be added around VWAP, either as standard deviations or percentage offsets.

How to Use

The indicator is particularly useful for analyzing VWAP around significant events, like earnings announcements or sharp price swings, to identify support, resistance, and mean-reversion opportunities.

1. Add the indicator and select a candle to set the Anchor.
   
2. Choose an End point or enable Cancel End for an open-ended VWAP.
   
3. Pick Std Dev or Percent for band mode.
   
4. Turn on up to three bands, adjust multipliers, and set fill colors.
   
5. Use VWAP and its bands to evaluate extensions, trend context, and fair value zones.
   

19 jam lalu

Nota Keluaran

Rename indicator