VWAP now available on charts

We’ve added Volume Weighted Average Price (VWAP) to the available studies on intraday price charts in Tradervue. A few notes about how this works:

  • The VWAP is calculated intraday, starting from the open, and is only available on intraday charts.
  • For stocks, pre-market activity is not included in the VWAP calculation. This is rarely an issue, as regular-hours volume tends to quickly exceed pre-market levels.
  • It is calculated based on the interval shown on the chart. So for example, if you’re looking at a 1-minute chart, VWAP is calculated based on 1-minute data. If you’re looking at a 5-minute chart, it’s calculated based on 5-minute data.
  • VWAP is only available for stock and futures trades.

If you haven’t used them before, here are details on how to add studies to charts in Tradervue. And if you’re not already familiar with it, here’s a primer on VWAP!

Chart studies and comparisons

With this week’s release, Tradervue now supports adding studies and comparisons to the auto-generated price charts for silver and gold subscribers. If you normally use, say, an EMA(20) on the 5-minute chart when you’re trading, then you can see the same in your journal when you’re reviewing later.

Here are a few examples of the new studies in action:

The supported studies include:

  • Exponential Moving Average
  • Simple Moving Average
  • Bollinger Bands
  • Donchian Channels
  • Average True Range
  • MACD
  • RSI
  • Fast and Slow Stochastics

If there are studies you need, but they’re not on the list, let us know and we can likely get them added for you.

If you click the study icon above each chart (next to the zoom icon), you’ll see the study editor for that chart, where you can choose studies and edit parameters:

You can also set studies in your chart defaults, so all of your trades will start out with the same set of information. To do that, go to your account settings (either from the dashboard, or click your user name in the header), then click the Chart Settings tab:

You may have also noticed in the pictures above that comparison charts are also supported; if you want to see, for example, how SPY is moving compared to the stock you’re trading, you can do that:

The price for the comparison symbol is normalized to the symbol you’re comparing it to, so they will fit nicely on the same chart. You can use the comparisons with markets, sectors, other stocks/futures, or whatever you like!