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Importing Indicator Values Into a Chart
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Importing Indicator Values Into a Chart

  #11 (permalink)
Los Angeles California United States
 
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ABCTG View Post
mamax98,

great, if it gives you the results you are looking for. I am just not clear where you'd use the high/low/typical price (or what ever price) in the computation for the standard deviation of the VWAP.

Regards,

ABCTG

I used the typical formula for calculating standard deviation: sqrt [sqr (Typical Price-VWAP)/n]. Does that make sense?

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  #12 (permalink)
 Vendor: www.abctradinggroup.com 
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mamax98,

it makes sense and there are a lot of ways to come up with standard deviation bands. You could for example compare your result to computing the standard deviation on just the VWAP.

Regards,

ABCTG

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