VWAP
VWAP indicator is a volume-weighted average price. The VWAP is displayed directly on the price chart. The indicator calculation starts when trading session is opened and continues until it is closed, i. e. during one day. Hence, the VWAP is mainly intended for trade during one day. To calculate the indicator, the cumulative value of the product of the volume by the typical price should be divided by the cumulative volume.
Indicator view on the chart.
To add and set up this indicator , open the settings window.
Calculation Settings.
Period - setup of the indicator calculation period. Four options are available:
- Daily
- Weekly
- Montly
- All
Settings.
Color - color setup of the indicator center line
Dash Style - setup of the indicator line display:
- Solide
- Dash
- Dot
- Dash-dot
- Dash-dot-dot
- Custom
Width - width setup for the center line of the indicator
Std.dev – standard deviation
Color - color setup of deviation lines
First Dev. setup of a value for the First Dev. line
Line Width - setup of the width for deviation lines
Period - setup of the period for deviation lines
Seccond Dev. – setup of a value for the Second Dev. line
Customer support service by UserEcho