custom vwap (in fibonacci tool)?

[Dalewoods]

Hey guys, can you do a drawing tool for a custom volume weighted average price in intraday charts? Might be an addition to the fibonacci retracements tool.

Meaning that it can calculate the mid price from all data between the selected timestamps. That would be extraordinarily awesome!

Edited April 21, 2022 by Dalewoods

[Mike Medved]

Not really suitable for Fib retracements - but. If it was a standalone, what would you want to see - just a horizontal line that shows the VWAP for the period?

[Dalewoods]

Yes, that's basically it. I personally would probably use it as a non-extended line, to keep track of the period's end and starting point based on the line's lenght. But maybe some "extend line" options would still be helpful when using it on higher timeframes. Also, the option to pick pieces of information that'll be shown in the line's label would be great. I'm thinking of CumulativeVolume, CumulativeDelta, number of trades, vwap level itself (each isolated within the selected period) to be highly useful.

[Mike Medved]

That is interesting... It would have to be only one of the pieces that is shown, mostly because there is really no room to show lots.

[Dalewoods]

Alright, would still be awesome

[Dalewoods]

Please let us know if you consider adding this to the next version

[Dalewoods]

Is this still something you would consider?

[Mike Medved]

Let me see if I can fit it into the todo list.