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DS Essentials Collection User Guide

Navigation: Indicators > VWAP Bands

Settings

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Period

Specify the lookback period that will be used when the VWAP indicator is used with a Daily, Weekly, or Monthly chart. The default is 20 bars. When the VWAP indicator is used with an intraday chart this Period setting is ignored and the calculation will be cumulative throughout the day with a reset taking place on each new day.

StdDev #1

Specify the number of standard deviations to be used for the first band. The default is 1.0.

StdDev #2

Specify the number of standard deviations to be used for the second band. The default is 2.0.

StdDev #3

Specify the number of standard deviations to be used for the third band. The default is 3.0.

Show StdDev #1?

Check this box if you would like the first standard deviation band displayed. The default is checked.

Show StdDev #2?

Check this box if you would like the second standard deviation band displayed. The default is checked.

Show StdDev #3?

Check this box if you would like the third standard deviation band displayed. The default is checked.

Display Values?

Check this box if you would like the VWAP and standard deviation band values displayed in the y-axis of of the chart. The default is checked.

VWAP

Select the color to be used to draw the VWAP line. The default is blue.

StdDev #1 Upper

Select the color to be used to draw the #1 Upper Standard Deviation line. The default is green.

StdDev #1 Lower

Select the color to be used to draw the #1 Lower Standard Deviation line. The default is green.

StdDev #2 Upper

Select the color to be used to draw the #2 Upper Standard Deviation line. The default is maroon.

StdDev #2 Lower

Select the color to be used to draw the #2 Lower Standard Deviation line. The default is green.

StdDev #3 Upper

Select the color to be used to draw the #3 Upper Standard Deviation line. The default is orange.

StdDev #3 Lower

Select the color to be used to draw the #3 Lower Standard Deviation line. The default is orange.

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