MultiCharts: Trading Software for Automated Trading and Backtesting

Posted: **30 Apr 2009**

Anyone have the original VWAP reset code?

I was trying to modify it so that it would paint my bars green if the last close is above the VWAP and red if the last close was below the VWAP.

I've searched the web to no avail.

On another note... where does Multicharts store all the code for the indicators?

Posted: **08 May 2009**

Here's function and indicator code:

Code: Select all

// Function:VWAPResettable

input:

   PriceValue(NumericSeries),

   LocalHrsOffset(NumericSimple),

   time1(NumericSimple),

   time2(NumericSimple),

   time3(NumericSimple),

   time4(NumericSimple),

   time5(NumericSimple);



vars:

   var0(0),

   var1(0),

   var2(0),

   var3(0);



var3 = MinutesToTime(TimeToMinutes(time)+LocalHrsOffset*60);



if    date<>date[1]

   or var3=time1

   or var3=time2

   or var3=time3

   or var3=time4

   or var3=time5 then begin

      var0 = 0;

      var1 = 0;       

end;



var0 = var0 + (PriceValue * Ticks);

var1 = var1 + Ticks;



if var1 > 0 then

   var2 = var0 / var1

else

   var2 = PriceValue;



VWAPResettable = var2;

Code: Select all

// VWAP reset indicator:



input: 

    Price(AvgPrice),

    LocalHrsOffset(0),                       

    time1(0900),

    time2(0930),

    time3(1129),

    time4(1315),

    time5(1415),

    upColor(Cyan),

    dnColor(Magenta);



var:

    var0(0);

var0 = VWAPResettable(Price,LocalHrsOffset,time1,time2,time3,time4,time5);

plot1(var0,"vwap_reset");



var: var1(yellow);

if var0 > var0[1] then var1 = upColor;

if var0 < var0[1] then var1 = dnColor;

SetPlotColor(1,var1);