ninjatrader/indicators/vwap/README.md

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# VWAP
2024-09-06 14:15:05 +00:00
This indicator plots the Volume Weighted Average Price (VWAP).
This exists because NinjaTrader's built-in VWAP indicator is not easily accessed via other NinjaScript indicators and strategies.
The built-in indicator may also not be available to NinjaTrader users unless they have purchased a lifetime license.
## Parameters
**Precision**: Whether to calculate the VWAP using every tick or just once per bar on the chart. (Default: Chart)
The possible values for **Precision** are as follows:
* Chart
* Tick
**Price**: How to determine the price used in the VWAP calculation. (Default: (High + Low + Close) / 3)
The possible values for **Price** are as follows:
* High
* Low
* Close
* (High + Low) / 2
* (High + Low + Close) / 3 [the "typical" price]
* (Open + High + Low + Close) / 4
**Standard Deviation Multiplier**: The multiplier to use when calculating the upper and lower standard deviations of VWAP. (Default: 1.0)
## Screenshots
Default Settings:
![VWAP](./vwap.png)
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