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In this video we walk you through our powerful Anchored VWAP drawing tool. The key here is know why Anchored VWAP is important and then how easy it is to use. Anchored VWAP is the average volume weighted price of an asset weighted a specific point in time.
On TradingView, we have a AVWAP drawing tool that makes it really easy to to pick a point in time and then see an AVWAP line on the chart. You can change the color and line thickness. The drawing tool is found on the left-side of the chart in the Trend Line tools menu.
In this video we also walk you through some examples including creating an Anchored VWAP ribbon on the chart and using the Public Library to find new tools coded by traders and investors around the world.
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