Playing with the Dynamic Vwaps open research

[walterw]

Sparrow : Thanks to your latest vwap versions my internal research on the topic is picking up momentum... I am on summer here and have quite some distractions, but will start sharing some ideas soon... thanks for your great cooperation ¡¡ cheers Walter.

[Sparrow]

Enjoy your summer Walter, who knows maybe you'll have an epiphany while relaxing on the beach, sipping on a cool drink (or whatsoever you do for fun during summer). Them girls on the beach really are a distraction, but I am sure that's not quite what you meant .

Cheers

[Sparrow]

Hi guys,

I've updated the indicator to use live ticks after the time it is loaded on the chart, any changes made to it afterwards will make it recalculate and revert to the median approximation though. You need to set CalculateOnBarClose to false of course. It doesn't really help with the midas system, because of chosing pivot points after they appeared on the chart. Using FX data, the approximation version didn't differ much from the live tick one but haven't run a lot of tests yet.

Next minor improvement is to prevent the indicator from plotting after StopTime if it is set to anything else than 00:00:00, which can be within a 24h period after the StartTime. This should help to minimize chart clutter.

Other major improvements could only be done with archived tick data for HUPs and more accurate calculation. This would require quite some work, I don't know yet if I'll try it, who knows if the results would be worth it.

Cheers

[walterw]

	Quote:	Sparrow
	who knows if the results would be worth it. Cheers

Hi Sparrow, thanks for this great contribution...

we must understand that this is an open research, we really dont know if this will ever be usefull for real trading...

now playing with a nice idea sometimes may end on a great method or at least it will expand your overall understanding of the market... cheers Walter.