Standard VWAP study with alternating clouds. The clouds can be turned on or off in the inputs. The preset colors are for a light background but can be changed in the Global Settings as well as the VWAP line color.
This spreadsheet study will extend the previous period’s ending VWAP values into the current period. This study works on intraday charts and historical charts using any of the VWAP Time Period Types (except Minutes).
Unzip the attached and put the contents in your Sierra Chart \Data folder, then click on Analysis >> VWAP ExtendPrev-
Set the Time Period Type in cell J1 to match the Time Period Type in the VWAP study settings.
Both the VWAP Time Period Type and cell J1 must be a greater interval than the chart bar.
The default subgraph settings show only the VWAP and the first band. If you want to see the other bands, set the Draw Styles of the other subgraphs to something other than Ignore.
The study collection will load the correct spreadsheet study with the correct settings, and it will add an instance of the Volume Weighted Average Price study. If you already have the VWAP study added to your chart, you can remove the instance this study collection adds.
The formulas on the spreadsheet assume the VWAP study appears in columns AA-AI. Either move the VWAP study to the top of the Studies to Graph list, or edit the formulas in cells K3-S3 to reference the correct VWAP columns.
This spreadsheet’s formulas are built on Sheet1, which corresponds to Chart #1. If you apply this study to a different chart number, you must copy the contents of cells I1-J2 on Sheet1 to cells I1-J2 of the corresponding Sheet#.
July 19th, 2013
Size: 48.04 KB
Downloaded: 326 times
1432
tomgilb
This is a modified version of the default thinkorswim VWAP indicator combined with the thinkscripter Chart Period VWAP and Standard Deviation Bands (https://www.thinkscripter.com/indicator/chart-period-vwap-and-standard-deviation-bands) to have three standard deviations rather than the default one sd. Has other options to calculate the bands but they may or may not be accurate.
* The "standard" Band Type is the default thinkorswim VWAP indicator formula.
* Cloud color can be changed under the "Globals" option.
Update 3/7/2014
* Available Time Frame was: Day, Week, Month, Chart.
Available Time Frame now: Day, Week, Month, Year, Minute, Hour, Chart, "Opt Exp", Bar.
* Added option to hide cloud.
* Added option to hide SD lines.
February 23rd, 2014
Size: 4.62 KB
Downloaded: 962 times
1524
rmejia
This is a chart of a Zigzag with growex's version of VWAP and a Volume Profile that recalculate at each zigzag. The Zigzag has many options, and does include an autofibextension. The Zigzag shown is based upon a moving average of the hl2, and can repaint, but not as often as the high/low option.
November 28th, 2020 04:38 AM Colin F The download file is a video not a NT8 archive.
November 7th, 2018 05:46 AM romus Great tool, Thank you!
March 5th, 2016 12:23 PM canariohkg36 it does not work
February 24th, 2016 12:22 AM Trade58 I appears that this issue was presented on April 4, 2015, but has not been resolved. The link still downloads a .TS movi
e file.
It would be helpful to locate a working VWAP indicator for NT7. The one located in the Ninja Forum is buggy and does not
print an accurate volume weighted average price.
From what we can determine, a standard VWAP indicator does not exist in either the Elite or non-elite sections.
April 4th, 2015 02:26 PM TraderWW I have problem installing it. The file format is .ts, which is a video file. Can you help?
December 8th, 2019 03:36 PM Texsus This is amazing. I There any documentation that I can read about it?
Thank you
March 21st, 2015 08:48 PM panamajack Thanks I just saw the notes on the original Zig-Zag - VWAP below - excellent work and thanks for all of your hard work
PanakaJack
March 4th, 2015 09:57 PM adpras16 Thanks in advance garry, can u explain what strategies to use this indicator?
February 8th, 2015 04:00 AM dorony i can not compile this