This is a simple indicator, which displays Anchored VWAP (AVWAP) on a chart.
Anchored VWAPs from Swing High/ Low act as strong supports and resistances. They add great confluence to trading systems.
- In Inputs section, select date & time from which you want VWAP to be anchored.
- Anchored VWAP should be from candle/ bar which is significant in nature. E.g.
-- Prior Swing High or Swing Low
-- Huge gap up or gap down (unfilled gap)
-- Month High or Low.
If you face any issue using the indicator or any other queries, feel free to contact us at mail ID mentioned in the indicator.
We are a small team of professional traders with experience in developing software. We have been in markets for 8+ years and specialize in developing MetaTrader 4 indicators and expert advisers. We also develop MS Excel based trading strategies for Futures and Options.
This indicator has been developed to support your trading decisions. Markets are ever dynamic and extreme caution needs to be taken while betting real money. Under any circumstances, the developer or distributor of this indicator will not be responsible for any financial loss caused, directly or indirectly, due to use of this indicator