Stocks & Commodities V. 41:11 (28–31): Using ZigZag To Anchor Volume Weighted Average Price (VWAP) by Bill Roberts

Stocks & Commodities V. 41:11 (28–31): Using ZigZag To Anchor Volume Weighted Average Price (VWAP) by Bill Roberts
Item# V41C11_706ROBE
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Using ZigZag To Anchor Volume Weighted Average Price (VWAP) by Bill Roberts

The anchored VWAP is used to confirm trends and identify areas of support and resistance. The “anchor” adds a specific starting point, factoring in price and volume. Here is a way to automatically locate zigzag highs/lows to use as anchor points.

Brian Shannon’s recent book Maximum Trading Gains With Anchored VWAP emphasizes the importance of the anchor in calculating the subsequent values for volume-weighing the price ...




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