Hi
Do you know if it is possible to create a VWAP screener to scan based on stocks hitting the VWAP line or the 1st standard deviation point ?
Being a non programmer i have tried the wizard and when i click on the VWAP line it displays “price”
Appreciate any advice
Thanks
Hi
I just searched on VWAP on this site and there are loads of hits … any of them help you?
I’ll look more later, but my grandson is calling me now 🙂
Cheers
GraHal
Thanks Grahal – unfort no ;((
Code below works for me and screener results are markets where High crosses over VWAP ( = 1 in far right column). (I don’t know why all the ‘0 results’ also show … I might sort that).
Does it work same for you? You can change for any vwap result / option you need?
Mmm cant see the ‘Insert PRC Code button’ so I’ll just copy and paste and I will edit when I’ve sorted the format PRT Code button.
// VWAP DID
d = 200
vw = volume*close
vwsum = SUMMATION[d](vw)
volsum = SUMMATION[d](volume)
vwap = vwsum/volsum
//stv= STD[d] ( vwap ) //(close)
//upline = vwap + stv
//dnline = vwap – stv
//
///////////////////////
//upline1 = vwap + stv * 2
//dnline1 = vwap – stv * 2
//upline2 = vwap + stv * 3
//dnline2 = vwap – stv * 3
//cc = customclose
Screener (High crosses over vwap as “VWA”)
//RETURN vwap AS “VWAP” , upline AS “upper band” , dnline AS “lower band” , cc as ” customclose ” , upline1 AS “upper band 1” , dnline1 AS “lower band 1” , upline2 AS “upper band 2” , dnline2 AS “lower band 2”
GraHal
Had to clear 8 categories of ‘History’ … see attached … right pain as now I’ll have to login all my fav sites again! Then exit everything, then back in again! I’m using Chrome … doesn’t seem possible to clear individual site cookies / site preferences etc??
Anyway here’s the code in correct format … it’s the ‘VWAP Indicator’ converted into a Screener.
// VWAP DID
d = 200
vw = volume*close
vwsum = SUMMATION[d](vw)
volsum = SUMMATION[d](volume)
vwap = vwsum/volsum
//stv= STD[d] ( vwap ) //(close)
//upline = vwap + stv
//dnline = vwap - stv
//
///////////////////////
//upline1 = vwap + stv * 2
//dnline1 = vwap - stv * 2
//upline2 = vwap + stv * 3
//dnline2 = vwap - stv * 3
//cc = customclose
Screener (High crosses over vwap as "VWA")
//RETURN vwap AS "VWAP" , upline AS "upper band" , dnline AS "lower band" , cc as " customclose " , upline1 AS "upper band 1" , dnline1 AS "lower band 1" , upline2 AS "upper band 2" , dnline2 AS "lower band 2"
If the last few lines are as below then results are only markets that meet the Screener condition …
Format below also makes it easier to screen for Std Dev (currently commented out).
C1 = High crosses over vwap
Screener [C1] (C1 as "VWA")
GraHal
Hi Grahal – you can clear individual site cookies in Chrome. It’s under Settings > Advanced Settings > Content Settings > All cookies and site data.
Aha many thanks Manel, I’ve used Firefox for years but fancied a change and Chrome is also handy for translating the foreign Threads on here! 🙂
I’m going to incorporate VWAP Bands into my manual trading (I like trying new tools!) … check out below … just the info I mean not the system they are selling! 🙂
A good summary re VWAP …
http://www.nirvanasystems.com/wp-content/uploads/2016/10/ProfitBands-1.pdf
Regards
GraHal
What’s the origin / source / argument for use of ‘200’ in the above code?? Anybody know please?
The code is from the Indicator Library, I converted it to a Screener, but now I’m questioning the d = 200 rationale??
// VWAP DID
d = 200
Thanks guys i will give it a try and let you know my feedback – much appreciated
“200” means 200 periods for the VWAP calculation .. only.
@scarface34 Are you using VWAP in intraday or in superior timeframe?
It’s a beautifull job GraHal
thank you
