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Indicators: VWAP Custom Position

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Automated-Trading
Admin
108083
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
117
José Ricardo Magalhães  

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

Highntightjeanz
45
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
117
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
117
José Ricardo Magalhães  

Bug free code

Files:
Cid Ougaske
1919
Cid Ougaske  

Parabens!

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