So here I open this thread where we can open our minds arround this new dynamic
vwaps...
Here we can interact freely on the great amount of alternatives this type of indicator brings.. I know we may come up with very cool ideas on how we can use them... and even more, we can optimize some programing ideas into this very interesting algorithm...
For the people that are not following the very first genesis on this ideas, let me make a small intro about this...
Vwaps ... we have a great deal of information with great detail here on TL thanks to Jerry`s great Threads, I understand at this point they are already 11 threads... great info, great teaching ﾃつ｡ﾃつ｡ thanks Jerry ﾃつ｡ﾃつ｡
Here are some links to Jerrys threads :
http://www.traderslaboratory.com/for...lume-1962.html
http://www.traderslaboratory.com/for...-the-1990.html
now,
vwaps here will be treated with some new variations... the first new concept to be introduced here is Paul Levines Midas aproach...
Basicly he takes
vwaps (btw we must check his exact formulation) and he has the ability to choose from what date and time the
vwap starts... from there on we will call them :
dynamic vwaps as they are dynamic into the flexibility we have of choosing where they start...
I attach once again his material wich was published for the free public... Unfortunately Paul passed away and his method did not pick much popularity...
Well here we are ﾃつ｡ﾃつ｡ ready to revisit the method and also start creating some fancy NEW IDEAS arround this indicator...
Nothing could be done without the tools... and this week we had the blessing of having programed one very first version of this tools on NT (Ninjatrader) charting platform... the
vwap was programed for NT by Josh on Ninjatrader Forum who is a Certified NinjaScript Expert and here on TL is cvax... then Sparrow did program the dynamic version wich has the ability to choose the time where the
vwap starts plotting... so YES ﾃつ｡ﾃつ｡ we got a very nice first tool to start working on...
Apart of being
vwaps, they also have
sd bands as well...
So here will be the arena to deal with this topic... we will see where we get...
hope somwhere jejeje.... cheers Walter.