Guidebook No. 10 of the Samxon Market Indicator Series. A 14-page PDF guide by Paul Samson (Samxon.ca).

VWAP is one of the most important lines in professional trading, and anchored VWAP has become one of the fastest-growing tools among active traders. The two are closely related but answer different questions. This guidebook teaches them side by side so the differences stay clear.

Inside:

• How VWAP is calculated, with a worked example
• Its standard deviation bands
• Its origins as an institutional benchmark, and why it matters
• How traders use it on trend days and range days
• Anchored VWAP, including how to choose an anchor
• The two compared on the same chart, plus four worked examples

The central idea: session VWAP resets every day and reads the day; anchored VWAP keeps counting from the event you choose and reads the average cost of everyone who has traded since.

Instant PDF download. For educational purposes only; not financial advice.