Download MetaTrader 5

Indicators: VWAP Custom Position

To add comments, please log in or register
Automated-Trading
Admin
110996
Automated-Trading  

VWAP Custom Position:

Standard VWAP (Volume Weighted Average Price) calculation, but with configurable start position.

VWAP Custom Position


Author: José Ricardo Magalhães

José Ricardo Magalhães
160
José Ricardo Magalhães  

Bug detected at code. It's already fixed, just waiting publication.

Highntightjeanz
70
Highntightjeanz  
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?

José Ricardo Magalhães
160
José Ricardo Magalhães  
Highntightjeanz:

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.

José Ricardo Magalhães
160
José Ricardo Magalhães  

Bug free code

Files:
Cid Ougaske
1560
Cid Ougaske  

Parabens!

JCMoura
8
JCMoura  
José Ricardo Magalhães:

Código livre de erros


Parabéns pelo indicador.

Uma sugestão de aprimoramento seria a projeção das VWAPs pelos números de Fibo, quando plotar a VWAP ela já plotaria as projeções de Fibo da própria VWAP (ficaria com os níveis de 23.6, 38.3, 50, 61.8, 76.4 e 100).

Como o indicador permite escolher e plotar pelo fundo ou pelo topo as projeções seriam nessas direção.

To add comments, please log in or register