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Date/Time: Mon, 10 Mar 2025 02:15:30 +0000



[User Discussion] - VWAP Starting Weekly Period on Wrong Day

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[2021-01-17 10:44:04]
01110010 - Posts: 33
Hi, I am trying to use the built in Volume Weighted Average Price study. I have tried using both a 7 day period and a 1 week period, both give the same problem. They are starting the new week on Sundays, rather than Monday.

Here is a screenshot of my chart showing the problem:
http://www.sierrachart.com/image.php?Image=1610880063136.png

I believe the issue may be something to do with the fact I am looking at a 24/7 traded market (specifically, ETHUSDT_PERP_BINANCE), so perhaps the study isn't designed to account for full 7 day weeks like this.
Date Time Of Last Edit: 2021-01-17 15:45:30
[2021-01-18 10:27:28]
Sierra Chart Engineering - Posts: 104368
Refer to this setting:
General Settings Window: Use Monday as Start of Week instead of Sunday (Global Settings >> General Settings >> General >> Data)
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

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[2021-01-18 13:30:52]
01110010 - Posts: 33
This solved the problem for the built in VWAP study, thank you. Is there any reason why the ECIVwap1.5 user contributed study still doesn't start on a monday when set to a weekly period, even with this setting?

I suppose its an issue with the code of the study itself.
[2022-03-11 02:04:52]
Ankn - Posts: 11
Hello support,

I have the "Use Monday as Start of Week instead of Sunday" setting toggled to "Yes" however the week seems to still start on Sunday.

I am having a similar issue as the OP with the VWAP study as I also am trading 24/5 but need to ignore the period before Monday morning (Sunday). The issue is that the VWAP Standard Deviations become very tight due to the lack of volume on Sunday. I need to ignore Sundays or even better allow the recorded volume to continue from the prior week into Monday (this way the deviations are not so tight).

I also have "Do Not Load Weekend Data" Enabled. Ideally as you can see from the attachment, I want the Monday VWAP Standard Deviation Lines to be similar to all the other days of the week. I am using the standard "Volume Weighted Average Price" study with a Time Period Type of "Weeks".

Thanks
Date Time Of Last Edit: 2022-03-23 16:45:08
[2022-03-14 16:37:35]
Ankn - Posts: 11
Sierra Chart Engineering,

Do you have any guidance with this issue? Thank you kindly.

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