[walterw]

Originally Posted by homestudy »

I have these VWAPS, don't if they are of any help. I will let you decide.

I think that they are not vwaps... they probably are volme weighted MA`s...

wich is something diferent... any way thanks homestudy for your input, cheers Walter.

[PYenner]

Originally Posted by homestudy »

I have these VWAPS, don't if they are of any help. I will let you decide.

Homestudy

These are a different breed of vwap, they are also a bit like an ema.
How do you describe it??
Its more like an ema of the price, using a weighting factor derived from a volume average, but don't hold me to that, I'm grasping for words here.

Walter

Some good news, looks like MT4 has an internal function for doing SDs which will help fix the slowdown problem that the other platforms were having. Variance is just the square of the Standard Deviation so the two are like cousins, but with the platform crunching SDs internally, it will work much much faster than computing variance the slow way inside an indicator program.

Midas is an amazing concept, getting rid of the time variable altogether and using volume in its place.
When I can get my head around it, I think that will answer some difficult questions for me that are all about reading the market. Could be very powerful if understood and exploited properly, you have a good eye for this stuff.

[walterw]

Originally Posted by PYenner »

Midas is an amazing concept, getting rid of the time variable altogether and using volume in its place.
When I can get my head around it, I think that will answer some difficult questions for me that are all about reading the market. Could be very powerful if understood and exploited properly, you have a good eye for this stuff.

jejeje... yes Bruce, its certainly a Hidden Gem ¡¡ at least Paul Levine left that very nice educational material wich creates a very nice base to start from...

Now remeber to use hat man ... jejeejje... cheers Walter.

[homestudy]

Just saw them and wanted to try to help this great thread. I have been following it from day one. Hats off to you guys this work is amazing!

HS

[walterw]

Originally Posted by homestudy »

Just saw them and wanted to try to help this great thread. I have been following it from day one. Hats off to you guys this work is amazing!

HS

Thanks a lot HS ¡¡ its nice to see this good will from you... cheers Walter.

[PYenner]

Walter
Question time.
I have only found eld vwap files and they are encripted so I cant read them.
Need an idea about what user settings are needed especially for starting or restarting at what(?) location.

eg Looks like jperl was using a 51 bar setting on 2min chart for volume distribution history so I assume vwap used the same setting, so if we use 1min chart, that means start on current bar and read previous 102 bars (2hrs) of data.

Alternative is to have a user setting for "start x bars back from current bar"
and sample "y bars of history".

What controls do you need to get the thing to start/restart on a pivot point or time or price or back/forward x bars, what???

[Blu-Ray]

PYenner

I'll send you a PM with the code of the ELD.

Hope this helps

Blu-Ray

[walterw]

Originally Posted by PYenner »

Alternative is to have a user setting for "start x bars back from current bar"
and sample "y bars of history".

What controls do you need to get the thing to start/restart on a pivot point or time or price or back/forward x bars, what???

we could input date and time could we ?

Originally Posted by Blu-Ray »

PYenner

I'll send you a PM with the code of the ELD.

Hope this helps

Blu-Ray

I will apreciate that Blu...


I am smelling Midas here Bruce ? jejej cheers Walter.