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!