I would like to create an indicator, that creates a small dot onto the bar upon its close. This dot is to represent the VWAP for the given bar. Thus, I calculate followingly:
#region Variables // Wizard generated variables // User defined variables (add any user defined variables below) private double SumPrices; private double SumVolume; #endregion ... protected override void OnMarketData(MarketDataEventArgs e) { if ( FirstTickOfBar ){ SumPrices = 0; SumVolume = 0; } SumPrices += e.Price; SumVolume += e.Volume; DrawDot( "IntrabarVWAP" + CurrentBar, false, 0, SumPrices / SumVolume, Color.Black); }
Sincerely,
Daniel.
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