VWAP Custom Position:
Standard VWAP (Volume Weighted Average Price) calculation, but with configurable start position.
Author: José Ricardo Magalhães
Bug detected at code. It's already fixed, just waiting publication.
What is this used for? isn't VWAP bascially useless in forex?
The indicator purpose is to identify the players average price from a certain point in time, as it takes into account price and volume. It's going to help you identify the trading locations where the big players defend their position (price), not letting it go below or above their average price. Useful for stocks and futures.
Bug free code