The Anchored VWAP indicator ties the VWAP calculations to a specific price bar chosen by the user. Like the traditional VWAP, it incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart.
To add this line study to your chart
- Find the line indicator icon on the bottom tool bar
- Click on Anchored VWAP
Example of a Chart with an Anchored VWAP Line Study