Historical Analysis of AVWAP Gap Ups

Published

February 25, 2023

I wrote a TradingView indicator to auto-detect Average Volume Weighted Average Price (AVWAP) gap ups. This historical analysis looks for specific entry criteria based on @Alphatrends book, Anchored VWAP.

▪ Closes below AVWAP (pullback)
▪ Lows above AVWAP (rally back above)

This same concept applies on multiple timeframes.