Anchored VWAP
Anchored VWAP: volume-weighted average prices restarting each day, week, month, quarter and year (UTC), showing the average cost of each period.
How to read it
- Price above an anchored VWAP means buyers since that anchor are in profit; below means they are underwater.
- Higher-period VWAPs (monthly, yearly) are stronger reference levels.
- Optional ±1σ / ±2σ bands show how stretched price is from the average.
Key settings
- Source HLC3 (also HL2, OHLC4, Close).
- Daily, weekly, monthly, quarterly and yearly lines on; ±1σ / ±2σ bands off.
- End-of-line labels on.
Good to know
- Drawn on the price pane, over the candles.