volumeProfileVWAP
Volume Profile VWAP (Volume Weighted Average Price) represents the average price weighted by volume. It helps identify the true average price level where most trading occurred, often used as a reference for fair value.
volumeProfileVWAP (tick)
Volume Profile VWAP (Volume Weighted Average Price) represents the average price weighted by volume. It helps identify the true average price level where most trading occurred, often used as a reference for fair value.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 60 | The lookback period in minutes |
levels | number | 24 | Number of price levels to divide the range into |
SQL example
TICK volumeProfileVWAP WITH minutes=60, levels=24 > 100 THEN order SET size=100, price=51.00, transmit=truevolumeProfilePOC
Volume Profile Point of Control (POC) represents the price level with the highest trading volume. It indicates the price level where most trading activity occurred, often serving as a strong support or resistance level.
volumeProfileHigh
Volume Profile High represents the highest price level with significant trading volume. It helps identify the upper boundary of the volume profile and potential resistance levels.