Any Period VWAP Indicator

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Its possible to change vwap from day, week, month… but how would I change it to any period (10 day, year, etc.)

Thanks!

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Posted by (Questions: 10, Answers: 14)
Asked on March 30, 2017 9:15 pm
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In order to customize the VWAP indicator you would need to select one of the standard aggregation periods available to the Thinkscript language: http://toslc.thinkorswim.com/center/reference/thinkScript/Constants/AggregationPeriod.html

You will notice there is no option for 10 day or year. And let’s say you pick one from the available list of aggregations. It would require a very complex modification to the code which may or may not be possible to accomplish. So before pursuing this any further I suggest you dig up some evidence that professional traders are using and teaching VWAP set to some other time frame.

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Posted by (Questions: 37, Answers: 4118)
Answered on March 31, 2017 7:53 am
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hi Pete, on the same subject, I noticed week, day aggregation is available standard. How can I plot 5 day VWAP? I watched your Ichimoku scan and I was able to get it to work. Now I’d like to scan only bullish breakouts which has price action below the 5 day vwap. appreciate your help.
( at February 26, 2018 8:46 pm)
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Well the weekly VWAP covers five days. What is different about your plan for a 5 day VWAP? You will need to describe that clearly, in how it is different then setting it to week. The time setting of this indicator merely establishes the cycle in which the value is reset. Daily, resets at the start of each day. Weekly, resets at the start of each week.

( at February 27, 2018 7:53 am)
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Hey Pete, could a 2 day VWAP be accomplished by modifying the existing code? I’ve been looking for a way to plot a continuation of the prior day’s VWAP.
( at August 31, 2018 10:30 am)
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I spend some time trying to find a solution but did not find one that would work.

( at September 1, 2018 12:11 pm)
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I believe the indicator you are all looking for is freely available on the site called ‘readtheprospectus’ – published in 2009, google for “vwapalooza’ which is the name he gave the indicator. I just located and tested out this indicator and it allows far more control compared to the basic VWAP indicator included with TOS.

( at September 14, 2018 4:11 pm)
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