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VWAP reset: Difference between revisions

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'''dnColor''' - color used for the down trend
'''dnColor''' - color used for the down trend


[[File:VWAP-reset-indicator.png|700px]]
[[File:VWAP-reset-indicator.png|700px|link=https://www.multicharts.com/trading-software/images/7/75/VWAP-reset-indicator.png]]


[[Category:Pre-built Indicators]]
[[Category:Pre-built Indicators]]

Revision as of 15:27, 6 December 2022

Definition

VWAP indicates the price at which most of the trading took place on a given day.
The indicator is reset (set to 0) everyday and at time set by time inputs.

Default Inputs

Price - expression used for VWAP value calculation
LocalHrsOffset - local hours offset, used if the local time zone is different from the exchange
time (1-5) - time of reset
upColor - color used for the up trend
dnColor - color used for the down trend