As per Wikipedia volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price a stock traded at over the trading horizon. But to understand VWAP in a simple manner here is a video from marketvision which explains VWAP in plain english which brings more visibility on the hidden facts of VWAP.
Related Readings and Observations
![Tradezilla – Daily Market Commentary [ Part 4 ]](https://i2.wp.com/www.marketcalls.in/wp-content/uploads/2016/02/Tradezilla.png?resize=150%2C150&ssl=1)
Tradezilla – Daily Market Commentary [ Part 4 ] Welcome to Tradezilla Complementary Webinar Series. This is 4th webinar session on Market Commentary where we discuss about Market Profile, Trading Setup, Sentimental Analysis, Open […]
iGuideStocks – NSE EOD and Intraday Trading Software Review iGuidestocks is basically a trading analysis software comes with two different flavors. 1)India Market with Zero Delay Data and End of Day Data 2)United States, Canada, Australia, UK, […]
Nifty and Bank Nifty Hourly Charts Overview and Infosys Result Nifty futures turned to positional sell mode on 23rd of September and currently the resistance zone comes around 8053 reverse your position to positional buy mode if the resistance zone […]
Positve movement in Nifty may be shortlived Nifty CMP : 4918 Yesterday market showed a strengh coming back to the market. Yen also bouced back from 103.20 to 104.70/dollar after strong housing data and Durable […]
Crude Oil broken Major EOD Support. Now Crude is trading around $100.50 & as we can see on charts crude finally manage to broke below the support trade line holding from start of 2014. The downside breakout came with […]
Nifty Open Interest Lookup for June Series Among the options strike prices 5400PE holds the huge amount of Open Interest which shows that put writers had raised their support levels from 5300 to 5400.
Also there is a considerable […]
Hi Rajandran, nice to see your blog on stock market, even I am blogging on same topic. Let us both share our knowledge on technical analysis. Even I have written an article on vwap for nifty future.
Hi, Raj,
I’ve tried to calculate Vwap of 2 days,
in the foll code wts the changes to be made
Bars_so_far_today = 1 + BarsSince( Day() != Ref(Day(), -1));
StartBar = ValueWhen(TimeNum() == 093000, BarIndex());
TodayVolume = Sum(V,Bars_so_far_today);
IIf (BarIndex() >= StartBar, VWAP = Sum (C * V, Bars_so_far_today ) /
TodayVolume,0);
Plot (VWAP,”VWAP”,colorOrange, styleThick);
I’ve tried to multiply Day()*2, but is shows error.
help me out here.