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Anchored VWAP indicator

Anchored VWAP (Volume-Weighted Average Price) Indicator

The Anchored VWAP (Volume-Weighted Average Price) is a technical analysis tool that calculates the average price of an asset, weighted by volume, from a specific user-defined starting point. Unlike traditional VWAP, which resets daily, the Anchored VWAP allows traders to select a significant event, such as earnings reports, swing highs/lows, or other key price levels, to analyze price trends and market sentiment.

By anchoring the VWAP to a chosen date or price level, traders can gain deeper insights into institutional activity, support/resistance zones, and trend strength. The indicator helps identify fair value areas and potential entry/exit points based on how price interacts with the anchored VWAP line.

Key Features:

  • Customizable anchor point to analyze price action from critical events
  • Helps determine trend direction and fair value areas
  • Useful for spotting dynamic support and resistance levels
  • Applicable across multiple timeframes for enhanced market analysis

The Anchored VWAP is widely used by technical traders, portfolio managers, and algorithmic strategists to refine their trading decisions by combining price, volume, and time into a single, insightful metric.


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5 (6)
The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time frames, although it is recommen
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Flaviona
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Flaviona 2025.04.13 18:04 
 

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Andre des Etages
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Andre des Etages 2025.02.27 18:55 
 

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Ahmad Kazbar
3878
Reply from developer Ahmad Kazbar 2025.02.27 19:11
Thank you for the evaluation and participation
When using the VWAP, it must be fixed at a certain point, and the price deviation is calculated based on this point. In the future, I will work on updating or approximating the starting point every 200 candles (example) or more.
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Version 1.5 2025.03.01
Improve indicator performance
Version 1.2 2025.02.26
Improve indicator performance