Anchored VWAP Indicator for ThinkorSwim - useThinkScript Community
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Anchored VWAP is one of the most important tools for charting price and volume at the same time. VWAP means Volume Weighted Average Price and it weights the price of an asset by the amount of trading volume that occurred at each price. As a member of TradingView, you can access our Anchored VWAP tool in the left-side toolbar. #TradingView | TradingView
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Anchored VWAP stands for Anchored Volume Weighted Average price. Understanding what it stands for is key to getting started. In this video, we walk you through its calculation, why it's used, and then have some fun drawing anchored VWAP lines on the chart. Anchored VWAP displays the volume-weighted average price for a specific time period, starting from a user-selected point. In other words, Anchored VWAP shows the price of an asset adjusted for its volume starting from any point chosen on the c
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