Newcomers to the forex market often experiment with new techniques and methods to generate profits a
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Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price.
For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia (). We do not recommend to trade solely on this indicator. Use it as a one more tool in your toolbox to confirm Price and Market behaviour.
This indicator contains Daily VWAP and MIDAS’ VWAP, which means you are able to anchor the beggining of MIDAS’ calculations and, therefore you will be able to use this methodology to study price versus volume moves after anchor point.
You will be able to anchor up to 3 HIGH MIDAS VWAP’s and 3 LOW.
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