VWAP is a popular method in deriving what market participants view as the fair price. It is commonly used to benchmark trading performance against. The typical VWAP is calculated intraday, starting from the fist bar of the trading session. On a chart, the VWAP will normally reset at the start of each session.
The anchored VWAP uses the same calculation as the regular VWAP but includes two main differnces:
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