VWAP-Bands

Assuming you've searched before you posted and haven't found it, what are they and what's the exact formula?

We have VWAP, and you can use the MathIndOpInd to create upper and lower bands from it.

I tried this and didn't work.
Vwap bands are std deviations of the vwap.

In Post #3, it looks like you are trying to take the StdDev of the Close. Is that what you want to do?

Wouldn't it make more sense to take the StdDev of the VWAP instead, then add (or subtract) that to VWAP to compute bands?

I think in some cases, it's less confusing to do some operations in C# code than Blocks.

ST, you'd get the same result If you tried it yourself. Only PriceComponent series are available to be applied to StdDev in that dropdown.

Topic starter might accomplish this with Tools > New Custom Indicator for use in Blocks (and across the app). That's the step required to build the StdDev of VWAP as @ST and @Cone imply. But I think the VWAP Bands would make it a good addition to next build of the PowerPack. I'll get it done.

This needs a bit more thought Eugene, the VWAP bands needs to dynamically adjust their period as each new bar is added to the VWAP for each day, as described here:

https://thevwap.com/vwap/

Note that the Concierge Extension CAVWAP handles this correctly.

https://www.wealth-lab.com/extension/detail/CAVWAP