If I'm reading thinkorswim's code correctly (and I'm not convinced I am), the formula basically boils down to: sqrt(max(((total_volume *...
# # TD Ameritrade IP Company, Inc. (c) 2011-2019 # input numDevDn = -2.0; input numDevUp = 2.0; input timeFrame = {default DAY, WEEK, MONTH};...
Thanks so much for sharing this. I had no idea this was possible. The code makes a lot more sense than the other articles I've seen.
Thanks for telling me what all the variables are -- the article didn't explain it well. When I plug all the numbers into the formula, I'm still...
I'm not sure what you mean by average price. Do you mean average close? Or average VWAP? VWAP is reset at open. Calculating the VWAP is not an...
The closest I've been able to get is using the standard deviation of closing price
It doesn't help that different online resources have different formulas for calculating the bands. It doesn't appear to be as simple as finding...
Can you please elaborate on this some more? What is the notional value? By "total qty" are you referring to the total volume?
This IS a premade indicator. It's available on just about every charting platform I know. I'm asking how it's calculated. I've already been...
This link is not clear:...
Yes, but how are they calculated?
Thanks. I've already seen this link and stared at its contents for hours. My question is, how do I actually calculate the bands? That page...
In many charting platforms you have the option to set upper and lower bands for VWAP. In think or swim specifically you get: [IMG] This is with...
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