Is there any way to accomplish a cumulative VWAP calculated from a Signal?
If not, could you could consider adding that to the Signal Statistics indicator? Alternatively, adding an option on the VWAP indicator to calculate from a reference bar, such as "X bars back" , not to be confused with the current setting of "X Bars", which keeps calculating new values every X Bars, would be useful.
Thanks
Hi Whatstop,
there is currently a (tricky) way to display such a cumulative VWAP value on a chart (but this most likely wont work in a custom indicator...)
In the VWAP settings, choose "Align to Profile" as custom duration, then create a "fake" profile (only to be used for VWAP purpose calculation), with the custom "Time per profile" being set to Signal.
Then on your chart, you need to locate (on the same pane) the profile indicator just "below" the signal one, and the VWAP indicator just below the Profile indicator-
This way, you should get the VWAP calculation reseting at every Signal
Eddy
PS :
Chad, it would be nice to have a way to achieve such calculation inside a custom indicator, ie having the ability to provide a "dynamic" custom duration for the VWAPI token -
Based on the existing VWAPI set up window, this would mean that the X Bar "custom duration" could be provided by another custom indicator (instead of being a fixed number inputs) - Or may be this could be just introduced by having RTL recognizing " VWAPI(CI) " as an acceptable syntax for achieving such a purpose ?
Thanks in advance for having a look at it...
Hey Chad, any thoughts on this?
Take a look at this video and let me know if it gives you what you want: https://www.linnsoft.com/videos/cumulative-vwap
It shows you how to setup a VWAP that begins on any bar and to adjust what bar it begins on by just dragging the start point.
Hi Chad,
I think (whatstop may confirm it) that this is exactly the type of information we need, but instead of introducing "manually" a start date, we would need to be able to access that VWAP value directly in RTL, ie typically through a custom indicator syntax referring (one way or the other) to that signal so that the VWAP calculation "starts" at the bar of that last signal...
Cheers
Eddy
Yep, VWAP on an indicator or as a Signal setting could work (VWAP from Last Signal, VWAP from X signals back, etc)
Is there a way to get VAH and VAL instead of VWAP, from signal?
I have signal fired by zones...
And, of course, also VPOC... :-) Thank you
It can be done using Developing Data of a Profile, but I use a Profile that fires when a signal appears and if I want to extract Developing Data from a Prof, I have to embed the Prof into an indicator using Prof token.
But I don't know how to link that Prof token with the signal (putting it below the signal doesn't work, neither giving the indicator containing Prof token the name of the signal).
I think using VWAP from signal adding VAH and VAL as options could be a simpler way... Thank you