Multi Anchored VWAP

Anchored Volume Weighted Average Price (AVWAP, or Anchored VWAP). Tells you who is in control, the buyers or the sellers. Better than all other moving averages because it adds weight to the traded volume. This technique was made popular by Brian Shannon of Alphatrends. It is calculated by multiplying typical price by volume, and the dividing by total volume.

You get 100 activations!

It is very simple to use for your analysis.

1. Select a number from 1 to 9 on the keyboard.

2. Click the mouse on the chart at the location you have selected to anchor the VWAP. The AVWAP line will be automatically drawn.

3. Select another different number on the keyboard and click the chart in another location to draw another line.

Each number will produce a different coloured line.

To clear all the lines, press CNTL (control key) and click the chart.

When you switch timeframes the chart will be clear of previously drawn AVWAP lines.

COLORS

All ODD numbers (1,3,5,7,9) are in the GREEN color family.

All EVEN numbers (2,4,6,8) are in the RED color family.

This makes it easy to assign VWAP to pivot highs and pivot lows, more visually meaningful.

The anchored VWAP lines update as new bars are created on the chart.