Error

 Previous Topic Next Topic
 KTP2 #1 Posted : Wednesday, November 12, 2008 4:55:59 PM(UTC) Rank: Advanced MemberGroups: Registered, Registered Users, SubscribersJoined: 2/2/2007(UTC)Posts: 367Was thanked: 1 time(s) in 1 post(s) In his article, "VWAP for Support and Resistance", George Reyna explains how to calculate the volume weighted average price, or VWAP. These calculations can be duplicated in MetaStock 6.52 or higher with the following formulas. To create these indicators, select the Indicator Builder from the MetaStock Tools menu. Then click New and enter the formulas as listed below: Name: VWAP ( Approximation )Formula:sm:=Input("starting month",1,12,1);sd:=Input("starting day of month",1,31,1);sy:=Input("starting year",1980,2100,2000);d1:= sd=DayOfMonth() AND sm=Month() AND sy=Year();pv:=MP()*Cum(V);denom:= If(Cum(V)-ValueWhen(1,d1,V)=0,1,Cum(V)-ValueWhen(1,d1,V)); If(BarsSince(d1),(pv)/denom, MP()) Name: VWAP Support/ResistanceFormula:sm:=Input("starting month",1,12,1);sd:=Input("starting day of month",1,31,1);sy:=Input("starting year",1980,2100,2000);start:= sd=DayOfMonth() AND sm=Month() AND sy=Year();pv:=MP()*V;denom:= If(Cum(V)-ValueWhen(1,start,Cum(V))=0,1,Cum(V)-ValueWhen(1,start,Cum(V))); If(BarsSince(start),(Cum(pv)-ValueWhen(1,start,Cum(pv)))/ denom,MP())
 Wanna join the discussion?! Login to your Discussions forum accountor Register a new forum account.
 Users browsing this topic
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.