AVWAP (Anchored Volume Weighted Average Price) by Naya

516 downloads / 296 views / Created: 06.06.2025
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Indicator Description

AVWAP (Anchored Volume Weighted Average Price) is a custom indicator for Forex Strategy Builder that calculates the volume-weighted average price from a defined anchor point (Daily, Weekly, or Monthly). It helps traders identify fair value zones based on volume concentration. AVWAP can be used to enter or exit trades or as a filter to confirm price direction, trend strength, or breakout conditions. The indicator supports logic for rising/falling trends, bar open/close positions relative to AVWAP, and customizable signal timing with shift and previous bar options.

Comments

Risk warning: Forex, spread bets and CFD are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.
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