Multi Anchored VWAP

Anchored Quantity Weighted Common Worth (AVWAP, or Anchored VWAP). Tells you who’s in management, the consumers or the sellers. Higher than all different shifting averages as a result of it provides weight to the traded quantity. This system was made well-liked by Brian Shannon of Alphatrends. It’s calculated by multiplying typical worth by quantity, and the dividing by complete quantity.

You get 100 activations!

It is vitally easy to make use of on your evaluation.

1. Choose a quantity from 1 to 9 on the keyboard.

2. Click on the mouse on the chart on the location you have got chosen to anchor the VWAP. The AVWAP line shall be routinely drawn.

3. Choose one other totally different quantity on the keyboard and click on the chart in one other location to attract one other line.

Every quantity will produce a unique colored line.

To clear all of the traces, press CNTL (management key) and click on the chart.

If you swap timeframes the chart shall be away from beforehand drawn AVWAP traces.

COLORS

All ODD numbers (1,3,5,7,9) are within the GREEN colour household.

All EVEN numbers (2,4,6,8) are within the RED colour household.

This makes it simple to assign VWAP to pivot highs and pivot lows, extra visually significant.

The anchored VWAP traces replace as new bars are created on the chart.