Displays Multi-TF VWAP with Std Dev Bands. Developing VWAP and Std Dev Bands Previous VWAP and Std Dev Bands Previous VWAP Extensions Some Examples
VWAP is the volume-weighted average price for a futures contract plotted as a line on the price chart. The calculation is the sum of traded volume, multiplied by the price, divided by the sum of the traded volume. This study has a number of uses. It provides the current volume-weighted average price for the trading day or the trading session. I have added...
Providing a useful update to Vwap STDEV bands, including multi timeframe functionality. Shown above is monthly VWAP Stdev Bands.