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ptcman

VWAP Applied to Volume Bar Charts

By ptcman, in Beginners Forum

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Tams    20

Tams
Posted
Hello.

 

Can the VWAP indicator be valid when applied to a volume bar chart?

 

Regards.

 

volume bar charts have constant volumes on each bar,

 

the average price will be weighed by the constant volume,

 

ie the weight on each bar would be the same.

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ptcman    10

ptcman
Posted

Thanks Tams.

 

I had also that idea, but there's nothing like the confirmation by professionals.

 

You know, that pic make us think twice before asking you something :)

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