Anchored Indicators 101
Automated Anchoring from TrendSpider can automatically anchor to special points configured by you (i.e. to the "Highest High") or, when in non-continuous mode, it anchors to the most recent point that is a fit, enabling you to flip through charts with ease.
For example, you can set the indicator...
Anchored Volume-by-Price show what price levels experienced the most volume. Unlike traditional volume that’s plotted on the X-axis below the price chart, price-by-volume is plotted on the Y-Axis on the right side of the chart, with each bar representing the volume at the associated price. The fu...
Anchored VWAP (Volume Weighted Average Price)
Anchored Volume Weighted Average Price, or AVWAP, is a technical indicator developed by Brian Shannon from AlphaTrends. Since markets tend to have an anchoring bias after significant events, such as earnings, FDA announcements or Federal Reserve interest rate changes, traders often find themselve...