VWAP is not anchoring properly.
VWAP should anchor on the left most candle based on the time frame being used. eg. 1 day intraday is currently anchoring at the beginning on the last 5 days. This is not correct. Investigate VWAP further to make sure it is being used properly.
7
votes
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Don Reitsma
commented
I am saying that if it's a one day chart then vwap starts on the first bar for the day. It should also have all the options. Best to watch some YouTube videos on how to apply it.
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AdminPaul McCann
(Admin, VectorVest)
commented
Hi Don. Are you referring to the difference between a session VWAP and a rolling VWAP, or that the first 29 points of a 30 period VWAP are calculated with an incomplete dataset?