IB TWS *finally* implements VWAP

Discussion in 'Retail Brokers' started by harami, Nov 28, 2017.

  1. harami

    harami

    After years of badgering from us plebs, they finally got around to it.

    https://www.interactivebrokers.com/en/?f=2493&sid=10784

     
  2. I always "saw" this through the volume profile / volume by price. It was only recently pointed out to me that VWAP was the acronym, and this is an actual line I could see on the chart itself.
     
  3. Too late, its now worthless
     
  4. Why would you say VWAP is worthless?
     
  5. prove its worth
     
  6. You're making a statement, the burden of proof is on your side. :)

    But I would argue that most institutional order flow is benchmarked against VWAP. There are lots of ways you can use this to your advantage. One simple example is that price tends to drift towards VWAP in the final minutes of trading. You can observe this for yourself, especially in stock where the number of institutional traders is limited.
     
  7. Just tried the new vwap, and its not working for me.

    Slows down data loading to a crawl. High cpu. Farked

    Takes a full minute to display the chart. Instant without the vwap

    Testing this at nite, quiet trade.