VWAP indicator

[TonyRovere]

I don't see in on NT. Somewhere online I was reading that the VWMA indicator is the same thing but wanted to ask first.

[NinjaTrader_Kate]

Hello TonyRovere,

Thank you for your post.

As this does not pertain directly to NinjaScript development, I have moved it to a more appropriate forum.

The Order Flow VWAP can be found in the indicators list under "Order Flow VWAP", however, it may only be used if you have a Lifetime license key for the platform.

The VWAP differs from VWMA. The Volume Weighted Moving Average (VWMA) is a weighted moving average that uses the volume as the weighting factor, so that higher volume days have more weight. It is a non-cumulative moving average, in that only data within the time period is used in the calculation.

The Order Flow Volume Weighted Average Price (VWAP) is a total of the dollars traded for every transaction (price multiplied by number of shares traded) and then divided by the total shares traded for the day. Also included are standard deviation bands.

You can learn more about the Order Flow VWAP in our help guide here:

https://ninjatrader.com/support/helpGuides/nt8/order_flow_vwap.htm

Please let us know if we may be of further assistance to you.

[Steve4616]

Kate,

Is there a reason I can't get the Order Flow Volume Weighted Average Price (VWAP) in the strategy builder?

[NinjaTrader_Kate]

Hello Steve4616,

Thank you for your reply.

Unfortunately none of the Order Flow + items may be used in a Strategy Builder strategy.

However, I have added a vote for you to a current feature request to support the use of these in the Strategy Builder. This request is being tracked under the number SFT-4377.

As with all feature requests, interest is tracked before implementation is considered, so we cannot offer an ETA or promise of fulfillment. If implemented, it will be noted in the Release Notes page of the Help Guide.

Release Notes — https://ninjatrader.com/support/help...ease_notes.htm

Please let us know if we may be of further assistance to you.

[Steve4616]

Ok great, thanks Kate!

[culpepper]

Kate, Please add another vote to SFT-4377, not that it will do much good. Thanks.

[NinjaTrader_Clayton]

Hello culpepper,

Thank you for the message.

We have added your vote to feature request: SFT-4377

Please reference this internal tracking number when contacting Platform Support if you ever have questions regarding this feature request.

When a feature request is implemented, you'll find a description of the new feature in the release notes:

• https://ninjatrader.com/support/help...ease_notes.htm

Please let us know if we may be of any further assistance!