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More VWAP and TWAP functions

The popular VWAP and TWAP pack in the WH SelfInvest trading store has been expanded. Several suggestions from traders have been incorporated into this exciting new version. The pack is now even better and more user-friendly.

This is one of the most popular packs in the NanoTrader platform.

New in the VWAP and TWAP pack

These are three of the major changes.

1. The second and third standard deviation (i.e. the outer bands) can be disabled in the chart. This allows traders to only visualize the key VWAP and the Value Area.

The inner bands of VWAP and TWAP also known as the first standard deviation.

2. Even the first standard deviation (i.e. the inner bands) can be disabled in the chart. If disabled, only the VWAP remains visible in the chart.

To quote Investopedia concerning the key elements of VWAP:

The volume weighted average price (VWAP) appears as a single line on intraday charts (1 minute, 15 minute, and so on), similar to how a moving average looks.
Retail and professional traders may use the VWAP as part of their trading rules for determining intraday trends.

Only VWAP is visible in the chart. It is used to determine the intraday trend.

3. By adding labels to the all the important lines, the pack became even more userfriendly.

Clear labels make every VWAP and TWAP band and line easy to distinguish. The hierarchy of the concept is more easily understandable.

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