[Sparrow]

Pat1,

I totally agree, however I don't think it can be done and I haven't seen any other indicator do it. It would make finding the right launch point for the VWAP a lot easier.
A workaround would be to have an indicator that launches several(5,10,whatever) VWAPs at once scattered around a selected bar.
After chosing the right bar, simple replace the VWAPs with a single VWAP.

I am currently trying to implement the Topfinder/Bottomfinder, unfortunately I haven't been able to figure out what the formulas in Lesson-14 mean. It should be quite simple, any help would be appreciated.

Cheers

[Sparrow]

After some more toying around I got the StartTime to save in templates and workspaces, otherwise no further improvements.

TOPFINDER doesn't seem to be all that necessary when there aren't many opportunities to put it to work. Maybe I'll implement it just for kicks.

Originally Posted by MIDAS Lesson-18

TOPFINDER examples are generally rare, perhaps of the order of one instance in a year's worth of data for twenty
stocks.

For completeness I've also added the OBV Mod which uses the median price and not the close for determining if volume should be added or subtracted. As a result levels differ a bit but formations are pretty much the same.

Cheers

[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]

Originally Posted by 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.

[Raj]

Originally Posted by 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

Hi Sparrow:
At the outset , I should thank you for your contribution to the trading community.

I've down loaded both of your indicators( VWAPMod_v095 & VWAPMulti_v095) attached in your post # 13. Is these are the latest version of indicators?

Secondly, I could figure out to feed the parameters in the VWAPMod_v095 indicators, by selecting the start date 5 days before or 30 days before for drawing VWAP lines for 5days data or 30 days data. I have added this indicator two times in the indicator panel of the chart to draw the VWAP lines for 5 day avg. and 30 day avg. Is this procedure okay?

Regarding VWAPMulti_v095 indicator, in spite of selecting the start date and assigning numbers1,2&3 in the rows of Band01,Band02 & Band03 respectively, I don't see VWAP Bands on my chart. Am I missing something here? Can you help me by posting a input parameter screen with parameter selection criteria?

Lastly, in order to use Jerry's methodology, can you help me by posting an appropriate PVP indicator and volume histogram for Ninja charting application?

Appreciate your advise.

Regards,

Raj

[bomberone1]

is there a easylanguage version?