I have not coded that so far. You can display the VWAP of the two or three prior sessions via the SessionPivotsRolling indicator, but then that VWAP will remain fixed, without further trades added during the day.
Or just trade on Wednesday's. Then you can use the weekly VWAP.
You are selling the n period vwap for 250$, a lot of money. Another indicator salesman I talked to says it will cost 450$ to modify the ana38 session indicator to a three session indicator. Looks like I may be in the wrong business. Are there any coders out there who can do it for less?
Hi there, the issue is the use of tick file data v bid ask data. To illustrate the first chart shows the ana monthly vwap using bidask (file) setting in GOMmp from 1 May. You can see the ana vwap and gomi is a little bit off.
If you look at the second chart showing GOMmp with data source as tickdata, you can see it matches exactly.
It would appear Gomi vwap is superior to anavwap. I also have problems with anapivots as they don't match up with the majority of pivot calculations published by research companies or as found natively on high end platforms. Ana indicators seem to be rather lacking in both accuracy and precision. I think I will move on to more professional tools.
Hi, I think that's a bit harsh. My experience has been a little bit different whereby the ana indicators have been superior to most I have tried in respect of accuracy and load times. The problem with pivots is there are many different variations of the way they are calculated.
The vwap issue is not the fault of the ana indicator but the fact that it is using a different data source. I'm currently testing the monthly anavwap and the Gomvwap on sim in market replay on a large swing timeframe. I'm not too concerned with the differences.
I think on a daily chart the difference would be immaterial using bidask v tickdata.
ANA indicators are just free bait anyways, an enticement to lure the unsuspecting outside the forum where the creator puts on his indicator saleman hat and extracts exorbitant prices for the real ones. Anybody want to drop 500$ for a fib confluence indicator, lmao...
@syxforex: I am not selling the n period VWAP for 250$ and I am not an indicator salesman, although I plan to create a website. I have coded a few high performance indicators for my own needs, which I share with those who want them. I have also coded free versions of daily, weekly VWAPs and TWAPs. The SessionPivots and SessionPivotsRolling indicators display the VWAP of the prior and the prior N days. All for free. The free VWAPs, which I have put into the download section already use a recursive algorithm for calculating the SD bands, which makes them much faster than other VWAPs available (such as the hVWAP or the flawed VWAP from the NinjaTrader forum).
The indicator you were talking about, uses a secondary 1-minute bar series and only recalculates once per minute. The CPU load is such that you can put a bunch of 50 of them on a market analyzer for all the instruments you want to monitor and get your alerts in real time, when the SD bands are hit. Do you know how much time it takes to code and test that stuff?
I believe that I have the right to decide what I give away for free, and that you should not complain about somebody else asking money to work for you. That said $ 450 to modify the anaCurrentDayVWAPV38 indicator is expensive, if you need some help, you can contact me via private message.
Basically to achieve what you want, you would just need to collect the final values of the variables that are summed up for the prior N days at the end of each trading day, and then use them to calculate the n-day VWAP and SD bands. Not an easy work, in particular not if you want to take into account the holiday sessions. So even for me it would be a few hours of work to get it right.
@syxforex: If you are frustrated with your life and your trading experience, it will not help you to bash my indicators. They are good enough to speak for themselves. And if the anaCurrentDayVWAP38 is so bad, why did you want to use it as a base for your N-day pivots? You could have chosen another one.
You are right, if you state that the anaCurrentDayVWAP maybe a few ticks off, if it is running on a larger timeframe chart. This depends on the resolution of the bars which are used to calculate the VWAP. The intrabar distribution is not known for a 60 minute bar, and the accuracy is limited. You would need to load a secondary bar series to have higher accuracy on larger timeframe charts. On a 1 min chart the anaCurrentDayVWAP is accurate to the tick.
As to the pivots, you probably don't understand how to use them. The values do match the values of professional websites, provided you use the pivots as explained in this thread.
Fair enough with what you have written here, but to be sure, I think you are an indicator salesman, and I have emails from you that I am happy to publish here wherein on multiple occasions you have quoted me 250$ for the n period vwap. I have no problem with your current business model whatsoever and I wish you all the luck with your new online indicator store.
Fat Tails recently finished a indicator for me. He took a badly coded sine wave and created a quick smooth greatly expanded new indi. He probably took a lot more time to do this but still stayed with his original price quote. Thanks Fat Tails .....money well spent.
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