Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
abacus
-
Content Count
2 -
Joined
-
Last visited
-
Trading With Market Statistics.II The Volume Weighted Average Price (VWAP).
abacus replied to jperl's topic in Market Profile
However, betting on a skew reversal is not unsound (particularly if some measure of the kurtosis is taken into consideration). -
Trading With Market Statistics.II The Volume Weighted Average Price (VWAP).
abacus replied to jperl's topic in Market Profile
The whole premise of the PVP-VWAP relationship for determining the skew is faulty. A positive skew on the vertical y-axis would be when the PVP is ABOVE the VWAP (vice versa for negative skewness).