Support Board

Date/Time: Sun, 05 May 2024 15:11:44 +0000

Post From: VWAP Difference

[2014-07-25 09:45:50] Link To Thread - Link To Post [Go To First Post]
User30668 - Posts: 108
User82828 Generally the VWAP and standard Deviation are not depending on any time settings, so in general, they should be equal on all time frames for one day, right? This is correct, the VWAP and its Standard Deviations should show always the same value in every time frame. Nevertheless the very same issue is happening to me too. I use several time frames charts (1tick, 1min, 5 min, 30min) and frequently (not always) there is a considerable difference between the Standard Deviation values from chart to chart. And I am referring to real time action. I have the "Based on Underlying Data" set to "yes" in all VWAP studies, as advised by SC Engineering. As a workaround, besides the Vwap study on each chart I also have a Study/Price Overlay from the 5min chart to the other charts, to be able to recognize the differences. In any case, when there are differences I never know which one is right or wrong. It would be much better if we could just rely on the VWAP study values on every different time frame or at least know for sure which time frame is showing the correct values, as these divergences can sometimes lead to incorrect entry levels. So SC Engineering, would you please put this issue on your big list of tasks and see what you can do about it when / if possible? It would be much appreciated. Thank you. Date Time Of Last Edit: 2014-07-25 09:51:01