VWAP Max- Settings and Anchors

Below is a brief description on the settings for the VWAP Max.

VWAP Settings and Anchors

The VWAPMax originally released with the Sub Market Sonar class as a suite of indicators that included:

• ST_VProfile
• ST_VScore
• ST_VWAP

 
 
Cyan line – Volume weighted average price – VWAP
Pink/Green Bands (long dashes) – Maximum permissible envelope
Pink/Green bands (short dashes) – Standard deviation envelope 

Volume required:

VWAP, VScrore and VProfile are volume weighted calculations. No volume = no calculation. These indicators will not work on Forex or indexes like SPX with no volume.

End of Day Settings: 

TOS:
Start Date YYYYMMDD
Standard Deviations- Enter the number of standard deviations used in calculating the max VWAP envelope. The default is 3.0 and should generally be left alone. 

ST_VWAPMax_EndofDay TOS settings

End of Day anchors

Daily chart
“Anchored”
Minor High Max
Minor Low Max
 

Intraday anchors

 
1-minute chart AM (pre-11:30 ET)
2:00 ET 0200 AM ET
7:00 ET
9:30 ET
1-minute chart PM (post-11:30 ET)
9:30 AM
11:30 AM
1:30 PM