Twap setting for 4 HOUR CHART WITH ANCHORED period

For a 4-hour chart with an anchored period, the TWAP setting parameters would include an execution period of 4 hours and a benchmark initiation period of 1 hour. The order size would be set at the total of the expected trade for the 4-hour period, with each order placed equal to ¼ of this total. The order frequency would be set to place ¼ of the total over each hour within the execution period, and the order price would be set using an average between the period’s open and close prices.