Introduction to the VWAP Bands Indicator The VWAP Bands Indicator is similar to the Bollinger Bands, but to calculate its values it uses Volume-Weighted Average as the central value of the bands. Additionally, you can choose an option to use the tick volume or real volume for calculation (only in the case, if the symbol…
Tag: vwap indicators
VWAP Plus Indicator
Introduction to the VWAP Plus Indicator The VWAP Plus Indicator is just another variation of the Volume Weighted Average Price indicator. The Plus, in this case, means additional lines that act as dynamic Support Resistance levels. They can also work as Take Profit targets. Nonetheless, the basic principle stays the same. Long trades above the…
VWAP Indicator
Introduction to the VWAP Indicator The VWAP indicator is actually the Volume Weighted Average Price indicator for the forex market and it shows the average true price of a currency pair, weighted by volume. If you are a beginner trader and the above description doesn’t tell you much – don’t worry, we will explain it…
VWAP Bands Indicator
Introduction to the VWAP Bands Indicator The VWAP Bands Indicator is similar to Bollinger bands, but it uses volume weighted average as the central value of the bands. You can also notice three periods of the bands (red, green and blue). It fits all kinds of timeframes and currency pairs. The indicator is displayed in…
Anchored VWAP Channel Indicator
Introduction to the Anchored VWAP Channel Indicator The Anchored VWAP Channel Indicator is a forex trading indicator. This tool is a result of the Anchored Volume-Weighted Average Price and a channel indicator combination. It is suitable for the trend-following trading style. Look for trade opportunities when the price touches the lines. The Anchored VWAP Channel…