Hello Traders! If someone were to ask us what the MOST popular indicator for day trading would be, we would definitely say the VWAP (Volume Weighted Average Price) for how big of a role it plays in market sentiment. However, you rarely see traders use more than an intraday/premarket VWAP... which highly limits the full capabilities of what this amazing tool can really do. Now, imagine if you could choose a specific TIME and DATE from where your VWAP plots - and it STAYS there! Over the last few months we have had many requests to build a sophisticated Anchored Vwap for Think Or Swim, largely made famous by Brian Shannon's awesome work with it. We are proud to introduce the ALPHATRENDS Anchored Vwap! Brian himself has been a key part of this tools creation. BUT WAIT! That is NOT all. Included in this combo is our latest development in VWAP analysis - the Smart-Retrace VWAP indicator. This Fully automated indicator makes your analysis easy with PRE BUILT presets to automatically populate from the areas you desire. The main difference between this indicator and our Anchored VWAP is that with this fully automated indicator you have the option to choose from a dropdown menu of highly requested chart behaviors. Choose from:
- High Of Day
- Low Of Day
- Candle of Most Volume On The Day
- Yesterday’s High
- Yesterday’s Low
- Yesterday’s Close
- Chart's High
- Chart's Low
- Chart's Largest Volume Bar
Expand your VWAP edge far beyond what you previously thought was possible with this EPIC vwap combo! Created For: Small Caps And Large Caps. (Note: This Indicator is for entertainment purposes only and is not a recommendation to buy or sell a security)