WickCheck / Trading school / VWAP
VWAPVolume-weighted average priceIntermediate
The average price of the session weighted by volume, reset each day.
What it means
Institutions use VWAP as a fair-value benchmark. Price above VWAP leans bullish for the day; returns to VWAP are common intraday entries. Anchored VWAP starts from a chosen candle instead of the session open.
How to spot it
- A line that starts at the session open and follows volume.
Common mistakes
- Using session VWAP on a daily chart.
Related terms
Volume profileA sideways histogram showing how much traded at each price.…Moving averageThe average closing price over the last N candles, drawn as a line.…EquilibriumThe 50% level of a dealing range, the line between premium and discount.…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.