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Anchored VWAP

66 USD

Demo downloaded: 243

Published: 14 May 2019

Current version: 1.5

Anchored VWAP

Indicators
Pankaj Prasade
Version: 1.5
Updated: 11 April 2021
Activations: 5

Dear traders!

This indicator automatically displays multiple Anchored VWAPs (AVWAPs) on the chart. They act as strong Supports or Resistances. They add a lot of confluence to trading systems.

As per feedbacks from users, we have incorporated BOTH AVWAPs in latest version.

HL AVWAPs and Time AVWAP.

Let us understand about them in brief.

In Inputs section, from Display Choice, user can select either or both of abovementioned AVWAPs.

1. HL AVWAPs - Anchor VWAP Bands from Swing High / Low, within selected period.

By default, Period=100. That means, AVWAP bands will be drawn from Highest & Lowest bars within last 100 bars. It is advisable to select period between 50-250. User may change it as per market and timeframe being traded.

2. Time AVWAP - Anchor VWAP line from selected Date- Time.

It is prudent to select a significant point as Anchoring point.

Some suggestions are..

- 1st day of the month

- Earnings release date

- Big Gap up or gap down

- All Time High/ Low

- Big Breakout point

Further, if you have any problems using the indicator or have any other questions, do not hesitate to contact us at the email address provided in the indicator.

About us:

We are a small team of professional traders with experience in forex- stock markets & software development. We have over 10 years experience and specialize in the development of MetaTrader4 indicators- expert advisors. We also develop MS Excel-based trading strategies for futures and options.

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Version 1.5 2021.04.11

This latest version includes BOTH set of AVWAPs, as has been multiple suggestions/ feedbacks by users.

Version 1.3 2020.12.09

In Input section, field period added.

Version 1.2 2020.10.30

Hi friends,
In this version AVWAPs are automatically plotted from Highest and Lowest candle, of specified period.

By default period = 100. It means, last 100 bars of current timeframe.

Version 1.1 2019.05.28

Quick fix done for a UI issue.