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Date/Time: Mon, 24 Feb 2020 15:36:28 +0000



custom VWAP drawing tool

[2020-01-21 18:09:36]
User71961 - Posts: 123 | Ending Date: 2020-03-20
i would like to be able to draw a custom VWAP study onto a chart...similar to the Linear Regression tool...point and click to pick a start and end point...and the result is a VWAP line. The user can then edit the properties of the VWAP study for standard items

-Standard Deviations Bands (default to 2 like bollinger)
-input data (default to all trades volume weighted avg price from underlying data, HL/2, HLC/3, etc..)
-Continue/Extend study drawing to the right with new market data (yes/no)

My thinking is...when a significant event occurs in the market, i want to measure *VWAP from that point and going forward* because it creates meaningful retracements and extensions.

is this possible? if not, can this be added?
Date Time Of Last Edit: 2020-01-23 21:09:19
[2020-01-24 00:18:18]
Sierra_Chart_Engineering - Posts: 534 | Ending Date: 2020-11-26
The closest would be to use this drawing tool:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=141&Name=Volume_by_Price#DrawVolumeProfile

Also refer to:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=141&Name=Volume_by_Price#CalculatingDisplayingDevelopingPOC_VAHL_VWAP
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation
Date Time Of Last Edit: 2020-01-24 00:18:34
[2020-01-24 01:23:25]
User71961 - Posts: 123 | Ending Date: 2020-03-20
is there a way to include an option for the VBP drawing to continue/extend to the right with new data?
Date Time Of Last Edit: 2020-01-24 04:25:25
[2020-01-27 18:41:49]
Sierra_Chart_Engineering - Posts: 534 | Ending Date: 2020-11-26
Some of the Volume Graph Period Types do support this. Refer to:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=141&Name=Volume_by_Price#Settings
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation
[2020-01-28 01:50:05]
User71961 - Posts: 123 | Ending Date: 2020-03-20
so i'be been using these VolumeByPrice custom VWAP levels and its been amazing...using the intraday VWAP levels (VBP study drawing starts at the security open) as support/resistance has been off the charts...the only thing i can suggest is to make the VWAP band being visible as a default option, because it works so well. I've made it default on my system...so i'm all set, and i would just suggest that other people do what i did.

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