If you meant you want a specific book by Brian Shannon titled Maximum Trading Gains with Anchored VWAP , that is copyrighted material. You can purchase it on Amazon or request it through your local library’s interlibrary loan or digital lending service (e.g., Hoopla, OverDrive).
Think of it as a reference line you can pin to any moment in time that matters to you. Whether it's an earnings announcement, a significant news event, a major breakout, or a swing high/low, the AVWAP calculates the average price weighted by volume from that exact anchor point forward. It doesn't reset daily. In the words of its creator, Brian Shannon, "The AVWAP represents the absolute truth of the relationship between a stock's supply and demand, and is 100% objective".
Use this line as a low-risk entry point, placing your stop loss just a few cents beneath the line. 4. Advanced Risk Management Confluence with Standard Deviation Bands maximum trading gains with anchored vwap pdf download
Standard VWAP resets every trading day, which often destroys the context of ongoing multi-day trends. In contrast, AVWAP is "anchored" to a specific point—such as a significant swing low, a breakout, or an earnings release—to calculate the average price based on volume from that moment forward.
: Large institutions often use VWAP to execute massive orders without moving the market, making these levels natural areas of support and resistance. Measuring Real Cost Basis If you meant you want a specific book
This "under-to-over" phase shift indicates that short-sellers are covering and institutions are accumulating shares. It marks the birth of a new macroeconomic uptrend. Advanced Risk Management with Anchored VWAP
While powerful alone, the Anchored VWAP's effectiveness is amplified when combined with other technical analysis tools. To truly maximize gains, traders should look for confluence. Whether it's an earnings announcement, a significant news
Standard VWAP calculates the average price a security has traded at throughout the day, based on both volume and price. However, its relevance fades across multiple days because it resets at every market open.
: Plot one AVWAP anchored to a major swing high above, and a second AVWAP anchored to a major swing low below.