I dont think that there is a VWAP for SPX because SPX isnt
actually a tradeable product- its an index. Options are
traded on its price but the index ittself has no volume. Therefore
no Volume weighted average. Only on the ES and SPY
proxies.
Yes, that is correct pep8261. So the logical question would be
how does stockcharts have it on there?? I have stockcharts so I can
use those charts, just wanted to get it on ToS if even
possible.
i realized after leaving my previous comment that those SPX
charts show vwap. not sure how thats calculated since, like i
said, SPX doesnt actually trade. must be synthetic.
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I dont think that there
ToS Users: Does anyone have a custom script that will ...
Posted by pep8261 on 24th of Aug 2022 at 02:36 pm
I dont think that there is a VWAP for SPX because SPX isnt actually a tradeable product- its an index. Options are traded on its price but the index ittself has no volume. Therefore no Volume weighted average. Only on the ES and SPY proxies.
Yes, that is correct pep8261.
Posted by craigm on 24th of Aug 2022 at 02:50 pm
Yes, that is correct pep8261. So the logical question would be how does stockcharts have it on there?? I have stockcharts so I can use those charts, just wanted to get it on ToS if even possible.
Educational post of the day!
Posted by DigiNomad on 24th of Aug 2022 at 02:38 pm
Educational post of the day! I love learning stuff. Makes perfect sense now that you describe it.
Get STOCKCARTS.com Matt and Steve give us
Posted by srusso1 on 24th of Aug 2022 at 02:45 pm
Get STOCKCARTS.com Matt and Steve give us live charts we can up load that have VWAP on them
i realized after leaving my
Posted by pep8261 on 24th of Aug 2022 at 03:38 pm
i realized after leaving my previous comment that those SPX charts show vwap. not sure how thats calculated since, like i said, SPX doesnt actually trade. must be synthetic.