General Trading Chat

vivektrader

In persuit of financial independence.
Well yes SD is there, but not sure about the parameters or whether we can use it in calculating the values we need?
 

XRAY27

Well-Known Member
I asked this once to Pratap Sir..
vwap=ATP
baaki bhagwaan bharose..
Bhai !!! it took me 1 year to understand this !!! as a i'm a snail :D
in learning.


Whole idea of vwap with sd is almost market profile logic is used ..offcourse with little difference in usage...in MP(market profile) we use price at maximum volume,where as vwap (volume weighted average price) is used with SD marking value area of 68.2 where as volume profile takes 70 % ..and remaining 2 sd 's cover upto 95 % of area..these 2SD will act as over bought and over sold so Pull backs etc are a possibility

For SD :

https://en.wikipedia.org/wiki/68–95–99.7_rule

Above was also explained by pratap sir also !!!
 
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vivektrader

In persuit of financial independence.
As i understood , its standard deviation of volume weighted price. So price SD wont do. Even at EOD, you will need to have series of maybe intraday bar close price * volume. And stddev will be on it.
OK , so no point being non geeky, tracer bhai which data feed to use for nifty futures in Ami?
 

vijkris

Learner and Follower
OK , so no point being non geeky, tracer bhai which data feed to use for nifty futures in Ami?
I suppose TB will suggest his "own creation", RTDman. :D
??
 

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