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Date/Time: Thu, 27 Feb 2025 16:22:20 +0000



Post From: Overnight and Regular Trading Hours VWAP

[2021-07-12 00:46:50]
ivory - Posts: 95
There is another way that works exactly like you want it to, but it requires a different study.

Volume by Price is used for Volume Profiles, but can be configured to only show VWAP line. You need to add two different Volume by Price studies. Here are some parameters you need to set:
1) Draw Mode: POC, VAH, VAL, VWAP Lines Only
2) Volume Graph Period Type: Multiple Profiles from Start Time to End Time
3) Start Time/End Time - set it up to RTH hours for the first VbP study and to Overnight hours for the second VbP study
4) On the Subgraphs tab change Draw Style from Line to "Line - Skip Zeroes". Without this, there will be a straight line from the end of the OVN session all over to the next OVN session, covering RTH bars and lines
5) Finally, on the Subgraphs tab, change Draw Style to "Ignore" for all lines you do not want to see, such as Value Area High/Low Value

Attached is a screenshot of this approach showing VWAP and POC lines only.

One downside, as far as I can tell, is that you won't be able to add stddev bands this way.
Date Time Of Last Edit: 2021-07-12 00:49:42
imagesierra_vwap.png / V - Attached On 2021-07-12 00:46:41 UTC - Size: 189.91 KB - 364 views