Multi anchor VWAPs

[GeonsVL]

Hi! I want to add multi VWAP studies on the same symbol with different anchor times/dates. Every time when I add the second VWAP, it overwrite my first VWAP. If I add different analysis it works, but I don't want it, because I want to view my VWAPs in many timeframes who share the same analysis chart. Can anyone help me to make this happen? Thanks!

 

[ScottyA]

Would you elaborate what you mean by different anchor times/dates? For example, do you mean the difference between RTH and Globex for futures, or did you have in mind the ability to select a custom beginning like the hand-drawn TPO or VP tools?

I have no problem creating two VWAPs on the same chart with different settings: a 1-day (blue/red) and a 1-hour (purple/orange), but I suspect this is only a part of what you want.

 

[GeonsVL]

Hi ScottyA and thank you for your answer. The solution for my problem was to change the VWAP settings. I was added 2 VWAPs with the same timeframe settings, but as I saw on your image, if I change the second to different timeframe, then I can anchor it in any place I want. So, thank you again for your help!

 

[GeonsVL]

Another thing: What about MW developers to add a "starting point" to an Anchored VWAP, (just like a trendline or Fibo lines), so to be able to move this VWAP back and front with a drag n drop click... TC2000 trading platform has already this indicator many years now, and I know recently a plug-in for NinjaTrader too (check this video). How difficult is to make this happen?

 

[Trade4ticks]

@ScottyA You mentioned above about having separate VWAPs for RTH and Globex. Any idea how to do this? I'm actually trading stocks, so I'd like 1 for RTH and 1 to include pre-market. They would both be Timeframe: 1 Day, but I don't see a way to tell a study to include or exclude the extended session or to use a separate start time.

 

[ScottyA]

I don't have a means for RTH and Globex, but I do for time frames like 1 day and 1 hour.

Out of curiosity @Trade4ticks ...what edge would that info provide you?

 

[Trade4ticks]

@ScottyA I switched from Futures to Equities recently and there seem to be different stocks that behave differently around a VWAP starting at 9:30 versus a VWAP that starts at 4am to include pre-market, so I'd like to see both so I can learn when each is relevant. I generally trade stocks when they relative volume is up with earnings or other news, and there seem to be some clean VWAP touches a few hours after the open. That pre-market volume can sometimes be high enough to really throw VWAP off.

 

[MotiveWave_Jason]

Another thing: What about MW developers to add a "starting point" to an Anchored VWAP, (just like a trendline or Fibo lines), so to be able to move this VWAP back and front with a drag n drop click... TC2000 trading platform has already this indicator many years now, and I know recently a plug-in for NinjaTrader too (check this video). How difficult is to make this happen?

Hello,

I have added a feature request to be able to click and drag the VWAP anchor point.

Regards.