VWAP for Multicharts

March 11th, 2015, 11:41 AM

I was hoping someone may be able to help me with a VWAP indicator for Multicharts which does not reset.
I'm trading extended trading hours futures and no matter what settings I put into VWAP reset the indicator resets at midnight.

Would someone please be able to help me with a standard VWAP indicator which begins plotting at session Open and finishes plotting at session Close?
Or is there a way to change the code of VWAP reset to plot from session open to close without any resets?

I've been using SessionVWAP Daily V43 for Ninjatrader without the volatilty bands just the VWAP line itself, I've attached a pic.

Thanks.

April 17th, 2019, 01:34 AM

Can anyone help us with SD VWAp for Multicharts which does not reset.

Would someone please be able to help me with a standard VWAP indicator which begins plotting at session Open and finishes plotting at session Close?

Or is there a way to change the code of VWAP reset to plot from session open to close without any resets?

ABCTG · April 17th, 2019, 03:43 AM

Hi ilu007,

setting all time inputs to the session open should accomplish that. You could also set them to a negative value (like -1) in which case the reset would be done on the date change.

Regards,

ABCTG

ilu007

Or is there a way to change the code of VWAP reset to plot from session open to close without any resets?

April 17th, 2019, 07:49 AM

ilu007

Can anyone help us with SD VWAp for Multicharts which does not reset.

Would someone please be able to help me with a standard VWAP indicator which begins plotting at session Open and finishes plotting at session Close?

Or is there a way to change the code of VWAP reset to plot from session open to close without any resets?

Code

input: time_start (1800), upColor(Cyan), dnColor(Magenta);

vars: vwap(0),
pv(0),
Totalvolume(0),
Barfromstart(0),
Squareddeviations(0),
Probabilityweighteddeviations(0),
deviationsum(0),
standarddeviation(0),
OncePerDay(0);
If date > date[1] then OncePerDay = 0 ;
If Time >= time_start and OncePerDay = 0 then begin
OncePerDay = 1 ; 

Barfromstart=0;
pv=AvgPrice*volume;
Totalvolume=volume;
vwap=pv/totalvolume;
end
else
begin
Barfromstart=Barfromstart[1]+1;
pv=pv[1] + AvgPrice*Volume;
Totalvolume=Totalvolume[1] + Volume;
vwap=pv/Totalvolume;
end;
deviationsum=0;
for value1= 0 to Barfromstart
begin
Squareddeviations=Square( vwap-avgprice[value1]);
Probabilityweighteddeviations=volume[value1]*Squareddeviations/Totalvolume;
deviationsum=deviationsum +Probabilityweighteddeviations;
end;

standarddeviation=SquareRoot(deviationsum); 
Plot1(vwap, "VWAP");
Plot2(vwap+standarddeviation, "+1 StDev");
Plot3(vwap+2*standarddeviation, "+2 StDev");
Plot4(vwap-standarddeviation, "-1 StDev");
Plot5(vwap-2*standarddeviation, "-2 StDev");

var: var1(yellow);
if vwap > vwap[1] then var1 = upColor;
if vwap < vwap[1] then var1 = dnColor;
SetPlotColor(1,var1);

July 7th, 2020, 12:36 PM

Hi Olobay,

I'm very new to Multicharts (literally started today!). Any chance you could explain the exact steps to adding this custom VWAP indicator?

Is it Right-Click Format Indicator > Open Script > New Study > Name: VWAP_DXB (or whatever) > Language ??

Any help you can provide will be much appreciated.

Thanks,

DXB

July 7th, 2020, 01:10 PM

Hey Trader,

It is

Right click the mouse >> go to Insert study >> You will find this indicator in the bottom called VWAP... and then modify the time as per your exchange opening...

But before that, please put this code in Power editor and compiled it, and then it will show in your indicator study...

Hope this helps !!!

Ilyas

July 7th, 2020, 02:37 PM

DXB Trader

Hi Olobay,

I'm very new to Multicharts (literally started today!). Any chance you could explain the exact steps to adding this custom VWAP indicator?

Is it Right-Click Format Indicator > Open Script > New Study > Name: VWAP_DXB (or whatever) > Language ??

Any help you can provide will be much appreciated.

Thanks,

DXB

Open Powerlanguage Editor then go to File--New--Indicator. Name it what you want VWAP_BMT or whatever. Paste the code in there and click Compile. Then go to a chart and right click Insert Study and select the file you named.

VWAP for Multicharts

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VWAP for Multicharts