how to set up vwap indicator for intra day and swing trades - futures io
futures io futures trading



how to set up vwap indicator for intra day and swing trades


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one malcolmdavid with 2 posts (0 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 JonnyBoy with 1 posts (2 thanks)
    4. looks_4 forgiven with 1 posts (1 thanks)
    1. trending_up 2,213 views
    2. thumb_up 6 thanks given
    3. group 4 followers
    1. forum 5 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

how to set up vwap indicator for intra day and swing trades

(login for full post details)
  #1 (permalink)
Oxfordshire
 
 
Posts: 2 since Dec 2018
Thanks: 1 given, 0 received

Hi all, I have loaded vwap indicator on mt5 however I do not know how to adjust the inputs for intra day and swing trades, I would greatly appreciate any input from yourselves . Regards Malc

Reply With Quote

Can you help answer these questions
from other members on futures io?
Help Needed: TOS Options Chain IV & IMPL MOVE Calcul …
ThinkOrSwim
Work with historical tcks data on MUltichart NET PowerLa …
MultiCharts
SimplerOptions
Trading Reviews and Vendors
Reading A set of Trading Signals
EasyLanguage Programming
ZigZag with Depth and Backstep
EasyLanguage Programming
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Battlestations: Show us your trading desks!
124 thanks
Big Mike in Ecuador
61 thanks
Want your NinjaTrader indicator created, free?
28 thanks
If you needed one-on-one help with any trading issue, ho …
26 thanks
Selling Options on Futures?
21 thanks
 
(login for full post details)
  #3 (permalink)
Market Wizard
Montreal, Quebec
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Kinetick
Trading: ES
 
JonnyBoy's Avatar
 
Posts: 1,559 since Apr 2012
Thanks: 706 given, 3,728 received



malcolmdavid View Post
Hi all, I have loaded vwap indicator on mt5 however I do not know how to adjust the inputs for intra day and swing trades, I would greatly appreciate any input from yourselves . Regards Malc

I can only assume you have no replies because nobody understood the question.

Whilst I do not know about MT5 (and this might be a question that directly relates to the MT5 platform, in which case my response is moot) but VWAP is VWAP. There are no inputs to adjust.

--------------------------------------------------------
- Trade what you see. Invest in what you believe -
--------------------------------------------------------
Reply With Quote
The following 2 users say Thank You to JonnyBoy for this post:
 
(login for full post details)
  #4 (permalink)
Oxfordshire
 
 
Posts: 2 since Dec 2018
Thanks: 1 given, 0 received


JonnyBoy View Post
I can only assume you have no replies because nobody understood the question.

Whilst I do not know about MT5 (and this might be a question that directly relates to the MT5 platform, in which case my response is moot) but VWAP is VWAP. There are no inputs to adjust.

Thank you for your input much appreciated.Cheers Malc

Reply With Quote
 
(login for full post details)
  #5 (permalink)
Fletcher NC
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
 
forgiven's Avatar
 
Posts: 665 since Mar 2012
Thanks: 154 given, 395 received

there are only 2 ways i know how to set it up. number 1 is you take the location from the trading day at the close . the next trading day you use the location from the close. it does not change for the trading day ..it is fixed. number 2 you start running it at the open of the NY session it changes as the price action unfolds during the trading day. some traders use areas were both over lap . i am not the worlds leading expert on this subject. Futures trader 71 uses the vwap he knows more than i do . masket delta and investor rt have tons of free info on it too. ask all those folks there more than happy to help . you also have weekly and monthly vwaps. like any thing in trading its not black and white its gray .

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to forgiven for this post:
 
(login for full post details)
  #6 (permalink)
Missioul Montana usa
 
Experience: Intermediate
Platform: Ninjatrader
Trading: nq
 
Posts: 10 since Feb 2016
Thanks: 1 given, 29 received

Some vwap hints. Vwap is excellent and I use it all the time as follows. Think of vwap as "unwound". I used it along with 50% of the days range indicator. Later in the day they tend to line up. Think of the space between them as having big gravity. When all the longs and shorts unwind they driift to the vwap and or 50% of the days range. Watch how many times price returns to it in a day lingers there before it commits to a new move. Waves off the bottom and top tend to end there as folks target the natural tendency of unwinding to neutral. Especially before 10:30 (session 1) and 1:15 (session 2). Folks like to ease up, lightening up..unwinding to neutral to catch whatever the big players do around those times. They like to jump on whatever they do and i often starts around vwap/50% range. POC and opening 1 min ranges are also good "gravitys". The more confluences you get with those price magnets...the more pull, tug or gravity. Why? Cuz folks know about this tendency and they target it. The more confluencing factors the more traders are there with targets, entries, exits etc. Vwap is king among those if you get familiar with its dynamics. I usually draw an ellipse between the vwap and 50% of the days range where 10:30 will be and 1:15..and watch for the positioning urge of price to head toward that ahead of 10:30/1:15. That is the 80/20 range vs trend tendency %. Intraday if its above vwap its bullish..below.bearish. I'm talking nq es...futures. The etf's usually run the same way. Another hint...think from the open ...not from the close. The entire history of the market is delivered in the first minute and goes from there. Lay in vwap on a 5 min qqq chart and look how many times on a normal day price passes thru there..10..15 . Not a day like Fri of course..it was a trend day. I know very good traders who use vwap, 50% of the days range, the opening 1 min range (also the initial balance 30 min range) and POC..volume profile point of control almost exclusively. Many trade the extreme vwap moves back to it, especially at the end of waves and into certain time zones. Traders see the market, charts differently over time. vwap is a great tool..you will see it differently over time. To some the market looks random to others price is moving from confluence to confluence of price magnets and vwap is one of the best.

Reply With Quote
The following 3 users say Thank You to chartmojo2 for this post:


futures io Trading Community Platforms and Indicators > how to set up vwap indicator for intra day and swing trades


Last Updated on December 22, 2018


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

Journal Challenge w/Jigsaw

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts