Support Board
Date/Time: Wed, 27 Nov 2024 17:48:53 +0000
Post From: is there a study that would calculate the slope of VWAP?
| [2023-07-28 15:12:14] |
| John - SC Support - Posts: 36329 |
|
There is also the "Linear Regression Slope" study. Refer to the following: Linear Regressive Slope And you can always calculate it yourself (Slope = Rise/Run) by using the Spreadsheet Formula and using a formula such as the following: =(ID1.SG1 - ID1.SG1[-5]) / 5 Where ID1.SG1 is the VWAP value current bar and [-5] says to get the VWAP from 5 bars previous. Since you are dealing in Number of Bars as the run, you just divide by the number of bars of separation (5 in this case). For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |