NeoTicker Blog

This is an updated version of the volume weighted average price indicator, this version is written in Delphi Script.

The improvements includes:

Added price series field, “c” is the default entry. Instead of just using close, other price combination can also be used to calculate volume weighted avearage price. (e.g.: (h+l)/2)

Added a day break selection, so calculation will only base on current day volume and price instead of accumulation over all bars of data series.

Start Date is now base on a datetime field, so time will also be viewed as a factor to determine the start of VWAP calculation.

Right click VWAP Delphi Script source to download the delphi script source into your local drive, then use indicator manager to install and use the VWAP indicator in NeoTicker.

Click here to download VBScript version of VWAP indicator.

Related Posts

1. Weighted Index Source Code
2. Volume Profile in Table Format
3. VWAP Based Pivots
4. TASC Traders’ Tips: Volume Weighted MACD Historgram
5. Uptick Volume, Downtick Volume and Delta