vwap
Volume Weighted Average Price (VWAP) is a trading benchmark that shows the average price a security has traded at throughout the day, based on both volume and price. It is used to identify the true average price of a security and is often used as a reference point for institutional traders.
vwap (tick)
Volume Weighted Average Price (VWAP) is a trading benchmark that shows the average price a security has traded at throughout the day, based on both volume and price. It is used to identify the true average price of a security and is often used as a reference point for institutional traders.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 14 | The number of minutes to calculate the VWAP |
SQL example
TICK vwap WITH minutes=14 > 50.25 THEN order SET size=100, price=51.00, transmit=truevolumeProfileLow
Volume Profile Low represents the lowest price level with significant trading volume. It helps identify the lower boundary of the volume profile and potential support levels.
wema
Wilder's Exponential Moving Average (WEMA) is a modified version of the EMA that uses a different smoothing factor (1/n instead of 2/(n+1)). It provides a smoother line than traditional EMA and is often used in other technical indicators like RSI and ADX.