Registered User
Joined: 10/7/2004
Posts: 1,178
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When I place an Anchor drawing tool on today's candle at the Open, will that Anchor adjust as the candle changes in reaction to today's price change.
In other words, to make sure the Anchor is accurate, must one wait until the end of the day (the Close) to place the Anchor on today's candle.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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An Anchored VWAP can be drawn before the first bar is completed and it will continue to update its starting starting point until the first candle has finished forming. So in other words, you don't need to wait until the end of the day to place an Anchored VWAP on today's candle.
-Bruce
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Registered User
Joined: 10/7/2004
Posts: 1,178
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That is good news! Thanks.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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