Final answer:
To set up the VWAP indicator on TradingView, follow these steps: 1) Login to your TradingView account and open a chart. 2) Click on the 'Indicators' button at the top of the chart. 3) In the search bar, type 'VWAP' and select 'Volume Weighted Average Price' from the list. 4) Configure the settings of the VWAP indicator according to your preference. 5) Click 'Apply' to add the VWAP indicator to the chart.
Step-by-step explanation:
To set up the VWAP indicator on TradingView, follow these steps:
- Login to your TradingView account and open a chart.
- Click on the 'Indicators' button at the top of the chart.
- In the search bar, type 'VWAP' and select 'Volume Weighted Average Price' from the list.
- Configure the settings of the VWAP indicator according to your preference.
- Click 'Apply' to add the VWAP indicator to the chart.
The VWAP indicator will now be displayed on the chart, showing the average price weighted by trading volume. This can help traders analyze the price levels where the most trading volume has occurred.