Registered User Joined: 12/7/2017 Posts: 11
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How come data doesn't show for VWAP for any of the timeframes except for the ones smaller than daily? I need to see the line for VWAP Daily.
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Registered User Joined: 6/30/2017 Posts: 1,227
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Never used VWAP myself, but if you look it up, it is, by definition, the dollars traded for every transaction (price multiplied by number of shares traded) divided by the total shares traded for the day.
Not saying that Bruce can't hack a VWAP-ish indicator for larger timeframes, but the off-the-shelf VWAP is designed for intraday use.
One option, I suppose, is a PCF for a time-weighted average price (TWAP) that is "fairly accurate" and then multiply this number by the volume traded in the same period to achieve a weighted price.
But this is beyond my area of expertise. Bruce will be back from sailing his yacht Monday morning and I'm sure he'll come up with something.
Hope this helps. Good luck!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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There isn't a way to plot VWAP in a daily time frame based on intraday values in TC2000.
About the best you could do is add a 1-period Moving VWAP indicator.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/7/2017 Posts: 11
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ok. thanks. but it's showing for the tc2000 app though which is weird.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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There are quite a few things which display differently in the app than in the main program (the app is usually behind the main program in features).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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