extend vwap lines into today - Sierra Chart | futures io social day trading
futures io futures trading


extend vwap lines into today
Updated: Views / Replies:4,539 / 39
Created: by arnie Attachments:10

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 10  
 
Thread Tools Search this Thread
 

extend vwap lines into today

  #31 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received

@wwwingman, I am using your excellent ECIVwapV1.4 in SC version 1224. I have noticed something strange. When using FDAX or FESX, and setting a chart time of 18:00:00 to 17:59:59 (eastern time), the daily vwap actually calculates as a weekly one. However, it does not do this for ES, etc. If I change session time to 03:00:00 - 11:29:59 (eastern time), it works as expected. Can you think of something I'm doing wrong, or what could be incorrect about the study calculation? Thanks--

Reply With Quote
The following user says Thank You to josh for this post:
 
  #32 (permalink)
Rristocrat
zurich
 
Futures Experience: Advanced
Platform: Sierra ahRrrr CQG ...
Favorite Futures: Bund, ES, ...
 
puma's Avatar
 
Posts: 963 since Aug 2010
Thanks: 7,268 given, 1,489 received


josh View Post
@wwwingman, I am using your excellent ECIVwapV1.4 in SC version 1224. I have noticed something strange. When using FDAX or FESX, and setting a chart time of 18:00:00 to 17:59:59 (eastern time), the daily vwap actually calculates as a weekly one. However, it does not do this for ES, etc. If I change session time to 03:00:00 - 11:29:59 (eastern time), it works as expected. Can you think of something I'm doing wrong, or what could be incorrect about the study calculation? Thanks--

I dont have much experience with this ECIVwapV1.4 -
It is a great piece of code though

My settings for FDAX ETH
are in central europe time:

8:00:00 - 21:59:59

and it looks ok for daily vwap

for ET (-6h to my time zone):
2:00:00 - 15:59:00

Reply With Quote
The following user says Thank You to puma for this post:
 
  #33 (permalink)
Elite Member
Paris, France
 
Futures Experience: Intermediate
Platform: SC, NT, ToS
Favorite Futures: CME & Eurex Futures
 
Posts: 115 since Apr 2011
Thanks: 336 given, 187 received



josh View Post
@wwwingman, I am using your excellent ECIVwapV1.4 in SC version 1224. I have noticed something strange. When using FDAX or FESX, and setting a chart time of 18:00:00 to 17:59:59 (eastern time), the daily vwap actually calculates as a weekly one. However, it does not do this for ES, etc. If I change session time to 03:00:00 - 11:29:59 (eastern time), it works as expected. Can you think of something I'm doing wrong, or what could be incorrect about the study calculation? Thanks--

Hi @josh

You are right. Something is wrong. I need to check that.

Your solution of 03-12 ET works.

However it seems preferable to set the chart to CET and session to 08:00-21:59:59 (as recommended by @puma) so you are on the real market hours, avoiding daylight saving time related problems.

Please understand I am very busy lately so it may take a week/two until I look at the problem seriously.

Thank you for using this ECIVwap, I like it too

W.

-- The rest is silence

Last edited by wwwingman; January 29th, 2015 at 12:08 PM.
Reply With Quote
The following user says Thank You to wwwingman for this post:
 
  #34 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received

Thank you very much @puma and @wwwingman ...

One of the few dislikes I have about Sierra is its 2-tier-only session system. As a result, the regular session times for cash DAX should be 9:00 to 17:29:59 Brussels (CET+1, CEST+2), which is what I have. Post-trading continues from 17:30 to 22:00, and the futures open back up at 8:00. So, to include both the pre- and post- trading, I have to do it this way, since there are only 2 sessions, even though there is a pre- and a post:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


So this leads to problems like what I'm currently experiencing. If I do a VWAP study, it will look from 17:30 onward, which is not what I want (I want it to start from 8:00). But the above is the only way to quickly switch to cash session times, which I do like to do.

So what I'm doing is actually starting every session from 18:00 ET on one chart, because that's the time when pretty much everything actually starts (that or later, as in the case of DAX), and not changing session times on that chart. Strange thing is, FESX works fine. It's only DAX, with the above hours I mentioned.

Reply With Quote
The following 2 users say Thank You to josh for this post:
 
  #35 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,215 received

@josh, why are you using this third party indicator instead of the built-in Sierra VWAP?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #36 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received


Big Mike View Post
@josh, why are you using this third party indicator instead of the built-in Sierra VWAP?

Mike

I am extending lines from the prior period and this study does it -- I can not find a way to do it otherwise, that would not involve changing the date, as I mentioned a while back:


josh View Post
I like Tom's solution, but here is another that uses built in studies:

1) Create a chart with a date range that ends with yesterday's trade date. Plot VWAP as usual on this.
2) Create your primary chart and use the Study/Price Overlay , and reference the VWAP study in the other chart.
3) In the settings for Study/Price Overlay, set the option "Fill Blanks with last value" to Yes.

The only disadvantage is that you must manually update the end date at the end of every day, but it only takes about 5 seconds to do this if you don't mind.


Reply With Quote
The following user says Thank You to josh for this post:
 
  #37 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,215 received


josh View Post
I am extending lines from the prior period and this study does it -- I can not find a way to do it otherwise, that would not involve changing the date, as I mentioned a while back:

So like a naked VWAP? Can you post a chart?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #38 (permalink)
Rristocrat
zurich
 
Futures Experience: Advanced
Platform: Sierra ahRrrr CQG ...
Favorite Futures: Bund, ES, ...
 
puma's Avatar
 
Posts: 963 since Aug 2010
Thanks: 7,268 given, 1,489 received


josh View Post
Thank you very much @puma and @wwwingman ...

One of the few dislikes I have about Sierra is its 2-tier-only session system. As a result, the regular session times for cash DAX should be 9:00 to 17:29:59 Brussels (CET+1, CEST+2), which is what I have. Post-trading continues from 17:30 to 22:00, and the futures open back up at 8:00. So, to include both the pre- and post- trading, I have to do it this way, since there are only 2 sessions, even though there is a pre- and a post:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


So this leads to problems like what I'm currently experiencing. If I do a VWAP study, it will look from 17:30 onward, which is not what I want (I want it to start from 8:00). But the above is the only way to quickly switch to cash session times, which I do like to do.

So what I'm doing is actually starting every session from 18:00 ET on one chart, because that's the time when pretty much everything actually starts (that or later, as in the case of DAX), and not changing session times on that chart. Strange thing is, FESX works fine. It's only DAX, with the above hours I mentioned.

I agree very much,
Sierra could use a more advanced session system.
I asked Sierra for this - but they say any changes are very complicated and not scheduled currently.

Also the session system can not handle "some" weekend breaks.
and there is a stupid bug at auto roll-over, where times get a reset, but with a wrong time zone.
Its annoying if one has lots of charts and the session times are wrong one morning - of course you dont realize it at frist.

(Sierra is still the best platform to me )

about your issue:
maybe can be only done with 2 charts ?
I understand you want to quickly switch within one chart. sry dont know.

Reply With Quote
The following user says Thank You to puma for this post:
 
  #39 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received


Big Mike View Post
So like a naked VWAP? Can you post a chart?

Mike

The blue shaded area is last week's VWAP -1 to +1 stdev, bold blue line last week's VWAP. Just a way of easily carrying forward prior lines from the vwap. @wwwingman did a great job with it

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 3 users say Thank You to josh for this post:
 
  #40 (permalink)
Elite Member
Paris, France
 
Futures Experience: Intermediate
Platform: SC, NT, ToS
Favorite Futures: CME & Eurex Futures
 
Posts: 115 since Apr 2011
Thanks: 336 given, 187 received



josh View Post
@wwwingman, I am using your excellent ECIVwapV1.4 in SC version 1224. I have noticed something strange. When using FDAX or FESX, and setting a chart time of 18:00:00 to 17:59:59 (eastern time), the daily vwap actually calculates as a weekly one. However, it does not do this for ES, etc. If I change session time to 03:00:00 - 11:29:59 (eastern time), it works as expected. Can you think of something I'm doing wrong, or what could be incorrect about the study calculation? Thanks--

Hi @josh

Sorry for the long delay, but I have not forgotten the issue/bug your talk about.

I am working on simplifying the start of period calculation in the code.

Just to be sure, can you tell me if the problem happens on the sierra sierra standard volume weighted average price ?

-- W.

-- The rest is silence
Reply With Quote
The following user says Thank You to wwwingman for this post:

Reply



futures io > > > > extend vwap lines into today

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Extend Naked H/L/C jphillips9 Sierra Chart 3 May 24th, 2013 07:55 PM
Volcker Rule May Extend to Overseas Banks kbit News and Current Events 0 September 17th, 2011 01:22 PM
Extend horizontal line plot pr0crast ThinkOrSwim Programming 2 March 28th, 2011 10:42 PM
Why Congress Had to Extend Higher Limits for Mortgages Quick Summary News and Current Events 0 October 1st, 2010 01:30 PM
BP More Upbeat That Well Is Capped, but Could Extend Test Quick Summary News and Current Events 0 July 17th, 2010 03:30 PM


All times are GMT -4. The time now is 01:31 PM.

Copyright © 2017 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
Page generated 2017-12-11 in 0.15 seconds with 20 queries on phoenix via your IP 54.145.16.43