Jump to content

Recommended Posts

Does anyone who use TradingView notice the VWAP they have does not fit as snug as the VWAP in DAS?

I have played with the settings and it just seems quite a bit off still, anyone have any ideas? Thanks.

Share this post

Link to post
Share on other sites

they count it like this


There are five steps in calculating VWAP:

1. Calculate the Typical Price for the period. [(High + Low + Close)/3)]
2. Multiply the Typical Price by the period Volume (Typical Price x Volume)
3. Create a Cumulative Total of Typical Price. Cumulative(Typical Price x Volume)
4. Create a Cumulative Total of Volume. Cumulative(Volume)
5. Divide the Cumulative Totals. 

VWAP = Cumulative(Typical Price x Volume) / Cumulative(Volume)


but changing the charts from 5 to 15 or 1 or 2 minutes can give you different results if the VWAP is changing accroding to the chart or in some apps it can be sticky counted form 5 min chart. So it might depend on the chart you are looking at or the app you are using. In IB trading platform the difference is even bigger.



Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.