On thinkorswim, there are two additional bands-one above and one below the VWAP. And, like a moving average, a trader can use VWAP as a reference point to help make entry and exit decisions. Typically, when VWAP slopes up, it indicates prices might be trending up, and when it slopes down, prices might be trending down. Remember the VWAP is an average, which means it lags. On the chart, it's the purple line that goes through prices. The VWAP is displayed as a line, similar to a moving average.
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