The Anchored VWAP was developed in 1995 and added to TradingView in May of 2020. This new indicator is similar to the standard VWAP except it can be “Anchored” to a specific candle, versus the standard VWAP which starts at the first candle of the trading day. Is this new Indicator the future of intraday trading? I develop a complete trading system based on this single indicator and test it over 4 different instruments. After the test I will review the results, equity curve, give it a Trader’s Landing Score, and some optimization tips on how to improve it.
⏱️ Timestamps ⏱️
00:00 – Start
00:45 – Indicators
02:27 – Long Examples
03:50 – Short Examples
05:16 – Results, Equity Curve, Score
05:38 – Optimization Tips
⚙️ System Specifics ⚙️
📛 System Name: Anchors Away
🏆 Trader’s Landing Score: 7
🎹 Instrument: Apple, Consolidated Edison, HSBC, Tata
⌛ Time Frame: 15-Minute (M15)
👀 TradingView Indicators
Name: Anchored VWAP
Inputs: Default
Style: Default
By: TradingView Built-In
Link: https://www.tradingview.com/blog/en/anchored-vwap-is-on-tradingview-18573/
☝️ Long Entry
- Wait for either an Earnings Report, Dividends Report, or Splits.
- Put Anchored VWAP on the candle where the report is released.
- Wait for 5 candles.
- Price must close above the upper Anchored VWAP band.
- Stop is previous swing low.
👇 Short Entry
- Wait for either an Earnings Report, Dividends Report, or Splits.
- Put Anchored VWAP on the candle where the report is released.
- Wait for 5 candles.
- Price must close below the lower Anchored VWAP band.
- Stop is previous swing high.
🔥 Risk to Reward: 1:2
🛑 Where to place stop-loss:
For Longs: Previous swing low.
For Shorts: Previous swing high.
🚀 Where to take profits: 2 times risk.
🗣 Want to comment on this video? Join our community for FREE! https://traderslanding.net/hello/
ℹ️ The Trader’s Landing Community was created to offer an easier and more meaningful way of organizing and referencing YouTube comments.
⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice.
