CAVWAP
A Volume Weighted Average Price (VWAP) indicator that can be anchored to Daily, Weekly, Monthly, Quarterly, and Yearly scales.
$99.95 / Lifetime
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(all Extensions require a Wealth-Lab Subscription)
CAVWAP
The CAVWAP Extension contains a Volume Weighted Average Price (VWAP) indicator that can be anchored to Daily, Weekly, Monthly, Quarterly, and Yearly scales. It also includes supporting Indicators CAVWAPUpper and CAVWAPLower that create standard deviation lines above and below the VWAP.
The CAVWAP can be configured to draw a line extending the final period's value a configurable number of Days/Weeks/Months/Quarters/Years. These Extension Lines are rendered by the custom Plot Style also included in the Extension.
Finally, a new Condition Building Block lets you interact with the Extension Lines in a Building Block Strategy.
Screenshots
CAVWAP Indicator
A CAVWAP anchored to the start of the month, with 1 standard deviation bands.
Std Deviation Bands
Here Standard Deviation Bands of 1, 2, and 3 are applied to the CAVWAP.
Building Block
The custom Condition Block lets you interact with the CAVWAP Extension Lines.
Change Log
Wealth-Lab 8
Build 1 - 2/20/2024
- Initial release.