VWAP-Indicator

Thanks Eugene. I'm trying to figure out the best way to backtest years of data without using intraday (obviously having VWAP as a parameter). Can you think of any other workarounds?

Sure. Volume Weighted Moving Average is available in the Advanced Smoothers extension:

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

Isn’t that in Advanced Smoothers?

You're right, I stand corrected. Was confused thinking that Volume Adjusted MA is something different.

Hi Guys,

I also find VWAP a very interesting indicator. I wanted to start a new thread for my question, but then I found this. So I am wondering, does the VWAP indicator in WL8 contain the 1, 2, and 3 standard deviation lines as well, like the YAHOO's version ? Can I set these ?

Thx.

Hi Jeno,

Our version of VWAP follows many other sources: http://www2.wealth-lab.com/WL5WIKI/VWAP.ashx I have no idea how Yahoo does it but in WL8 it's possible to apply standard deviation lines to an indicator like VWAP if you mean it.

Hi Eugene.

I was about to write a thread about the subject of Post #6.

I understand that it's possible to do it through the code.

But can we do it using building blocks?

Hi,

It may be possible using a combo of MathIndOpInd and IndOnInd indicators. But let me double check that first.

No, it's not possible. Transformer indicators can't be stacked (a documented limitation), so coding it is the way to go.

Ok, understood. Thanks anyway.