Support Board
Date/Time: Mon, 24 Feb 2025 21:07:09 +0000
Post From: Drawn Volume by Price Study: use H or L for vwap calculation
[2021-03-18 01:19:11] |
User234172 - Posts: 44 |
Using the drawn VbP tool with only vwap showing was for me a very powerful "hack" in creating the best click and drag anchored VWAP on the market. You can click and drag both start point and end point. It is a bit fiddly to click and grab the invisible "handle" but it works so well. Except for the limited calculation methods as you and I have noted. The big winner of this method was being able to click and drag the VWAP end date. Right now, tradingView has probably the most usable anchored VWAP drawing tool available on the widest range of markets. It's pretty good. But it comes with TV limitations. With the requested changes, SC could blow them away in this niche area. I note that TV is about to launch integration with Interactive Brokers - they are starting to take themselves seriously. I swing trade aVWAP on daily bars and simply make money, month after month. Used a spreadsheet to calc my first anchored vwap back in 1997. ps, if you are into aVWAP, and heard that it "cant be done on FX" - it can. Try Oanda on TradingView - has implied Volume data, works great. Also has trailing stop losses. Sierra Chart offers LMAX FX with implied volume and far more complex order management. All that is missing is High and Low anchored vwap input parameters as requested. |