thx Jerry,
note that VWAP_H is hard-coded to already volume-weight for that side of the equation.
I assume you are saying that I need to weight each 'price' observation by volume as well to be consistent? hmm, need to think about this more. can you post a chart of your ES 2-min chart with the bands for today? I would like to see how mine and yours compare as is...
I have been using
VWAP a lot lately and using my short-term trading techniques in conjunction with
VWAP has so far been awesome -- and I will be thinking a lot about more ideas with
VWAP. Look how NQ stopped just short of previous days
VWAP again near 55.00 to offer a spot to look for a key reversal... this was sweet since my short-term entry techniques didn't signal a short until then anyway -- but gave extra confidence that this was actually typical behavior for the very volatile NQ contract.