41 lines
1.1 KiB
Markdown
41 lines
1.1 KiB
Markdown
# VWAP
|
|
|
|
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:
|
|
|
|
|
|
|
|
With Standard Deviation:
|
|
|
|
|
|
|
|
--- |