The Anchored VWAP Channel indicator for MT4

[Leon5150]

The Anchored VWAP Channel indicator for MT4 is an improved version of the Volume Weighted Average Price (VWAP) indicator. It comes with a unique feature (target-like symbol) to determine the exact point of interest for the signal calculation

The indicator is a trend channel-like tool built with algorithms that measure the movement of a financial trading asset based on volume and price. It is a valuable tool for analyzing the market and defining the directional bias of a trend.

The indicator is simple to use. It depicts a bullish move when the price of an asset is trading above the channel lines. Similarly, a bearish move is depicted when the price of an asset is below the channel lines.

Moreover, the indicator is chart-friendly, which leaves ample space on the chart for regular technical analysis. It is also suitable for novice, intermediate, and advanced forex traders. What’s more, it is recommended for scalpers and day/intraday traders.

 

[khaizer12]

Does this Anchored VWAP indicator plots itself or do you need to set the point manually like what is available in TradingView?

 

[nahid213]

MT4 is an improved version of the Volume Weighted Average Price (VWAP) indicator. It comes with a unique feature (target-like symbol)

 

[fredeee]

does this vwap indicator come with standard deviation bands? also, how can i download it?

 

[morlina]

thanks for sharing, there is a version avalaible for mt5 need it