VWAP stands for Volume Weighted Average Price indicator, trader can add this indicator to their chart by right click the chart and select Study Config to open the study configure window first, then select the “VWAP” from the study list and add it into the Studies In Chart field.

Volume Weighted Average Price Configure window allows user to modify the VWAP chart, such as change the study period and line’s color. User can open this Volume Weighted Average Price Configure window either by click the “Config” button or double click the study “VWAP” under Studies In Chart section.

Explanation of Each Field

·         Line Style: Allows user to use the dropdown menu to change the line style.

·         Color: Click the color field allows user to change the line color.

·         Width: Allows user to adjust the line’s width.

·         Anchor Period: Allows user to adjust the study period for the Volume Weighted Average Price, and “0” represents all.

·         Calculate VWAP for Pre/Post Market Hours: Check off the box to also draw a VWAP line for pre and post market hours.