This VWAP study differs from the regular VWAP by resetting the averaging totals at the first data point of each new session. This is helpful for contracts that have more than one trading session per day.
In the example of a corn contract below, the regular VWAP study is in red, while the VWAP by Session is in Blue.
- Customize your price calculation using Open, High, Low, Close, MidPoint, or the default HLC3 average. This change is done in the Parameters window. You can access that by doing a right mouse click.
- Note: For daily intervals, continue using the standard VWAP study
