Posted by flredsox on 11th of May 2022 at 07:49 am
Matt and Steve, you mentioned during one of the newsletters that
we can follow along watching the VWOP, where is at interactive
chart? Are the Systems live?
flredsox - we show VWAP on some of the intra day 3 and 5 min
charts that we post during the day - we include the
Stockchart.comURL for folks who have
a
Stockcharts.commembership. But
otherwise, VWAP is pretty much on any charting system - you should
have it on whatever charts you have. It's only useful on short term
charts, 1, 3, 5, 15 min - and like anything else it's just a tool.
Posted by timebandit on 11th of May 2022 at 08:23 am
Often, when Matt or Steve post a 3 minute or 5 minute chart
during the day, I will open it on my desktop and set it to refresh
every 15 seconds. They include VWAP on those charts. On Matt’s it’s
usually a cyan line. I think Steve’s might be a dotted line
Not at my computer or I’d post a link to one from
yesterday
Institutional buyers
including
mutual
fundsuse VWAP to help move into or out of stocks with as small
of a market impact as possible. Therefore, when they can,
institutions will try to buy below the VWAP, or sell above it. This
way their actions push the price back toward the average, instead
of away from it.
Which means that when price is stretched from VWAP, the
likelihood of a reversion to mean (in this case VWAP) is higher
than not - can be useful for timing entry/exits intraday.
Intra-day, bears repeating.
it is a common indicator that you can add to your charts on
whatever platform you use. Tradingview will only show it on
intraday time frames.
Matt and Steve, you mentioned
Matt / Steve... Is there anything in the educational section ...
Posted by flredsox on 11th of May 2022 at 07:49 am
Matt and Steve, you mentioned during one of the newsletters that we can follow along watching the VWOP, where is at interactive chart? Are the Systems live?
flredsox - we show VWAP
Posted by matt on 11th of May 2022 at 08:51 am
flredsox - we show VWAP on some of the intra day 3 and 5 min charts that we post during the day - we include the Stockchart.comURL for folks who have a Stockcharts.commembership. But otherwise, VWAP is pretty much on any charting system - you should have it on whatever charts you have. It's only useful on short term charts, 1, 3, 5, 15 min - and like anything else it's just a tool.
Found it on TOS, very
Posted by flredsox on 11th of May 2022 at 09:01 am
Found it on TOS, very busy
Often, when Matt or Steve
Posted by timebandit on 11th of May 2022 at 08:23 am
Often, when Matt or Steve post a 3 minute or 5 minute chart during the day, I will open it on my desktop and set it to refresh every 15 seconds. They include VWAP on those charts. On Matt’s it’s usually a cyan line. I think Steve’s might be a dotted line
Not at my computer or I’d post a link to one from yesterday
Thanks
Posted by flredsox on 11th of May 2022 at 08:46 am
Thanks
It is VWAP - worth
Posted by Orangeman on 11th of May 2022 at 08:22 am
It is VWAP - worth a quick study to begin to understand. https://www.investopedia.com/terms/v/vwap.asp
I often reflect on this bit:
Institutional buyers including mutual fundsuse VWAP to help move into or out of stocks with as small of a market impact as possible. Therefore, when they can, institutions will try to buy below the VWAP, or sell above it. This way their actions push the price back toward the average, instead of away from it.
Which means that when price is stretched from VWAP, the likelihood of a reversion to mean (in this case VWAP) is higher than not - can be useful for timing entry/exits intraday. Intra-day, bears repeating.
it is a common indicator that you can add to your charts on whatever platform you use. Tradingview will only show it on intraday time frames.
Thanks
Posted by flredsox on 11th of May 2022 at 08:46 am
Thanks