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Study Notes
- Brian explains how to view the anchored volume weighted average price in Trading View software.
- Real-time data subscription is required to view the true anchored volume weighted average price.
- Click on the tool icon and select anchored volume weighted average price.
- Click anywhere on the chart to add an anchor point.
- Anchored volume weighted average price levels can be added as shortcuts.
- Don't use anchored volume weighted average price as the only justification for a trade.
- Brian's book provides information on where to set anchors.
- Trading View allows for easy adjustments of anchor points.
- Free data sites may not show the full picture of anchored volume weighted average price.
- The tutorial is demonstrated using a daily chart of the QQQ.
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