Anchored vwap channel indicator for MetaTrader4 (MT4) – free download
April 27, 2020 by Simon in indicators
In this section you can download anchored vwap channel indicator for MetaTrader4 (mt4):
Anchored vwap channel indicator -> up to speed:
- The Anchored VWAP indicator ties VWAP calculations to a specific price bar chosen by the trader, allowing for more accurate identification of areas of support and resistance.
- The starting price bar that is chosen generally marks a shift in market psychology, such as a significant high or low, earnings, news, or other announcements.
- Anchored VWAP allows you to specify the price bar where calculations begin, making it easy to see whether the bulls or bears have been in charge since a very specific point in time.
- Like traditional VWAP, the Anchored VWAP overlay can be used to confirm trends and identify areas of support and resistance on the chart.