Add a VWAP indicator maybe?

[Paulh_jr]

It is a great technical indicator, can be very beneficial to the intraday traders

[ffp3_mask]

[phildawson]

Yeah but actually check that option out and see what you find, it hasn’t worked ever. I’ve nagged so many times for it to be fixed.

@Martin @David @George @Tony.V @anon86329651

[phildawson]

VWAP - looks more like a simple moving average?

So following GGP today, and notice that T212 chart can plot a VWAP (weirdly just on desktop not app), however it’s not working correctly. Here’s what i see on the 1 minute [Screenshot 2020-06-08 at 12.01.05] and heres what it should look like (same 1 minute view). (With the extra lines its easy to see when its completely overbought and about to return) [Screenshot 2020-06-08 at 12.19.35]

Most requested features survey

Is it possible to add the post above as #25, ideally prevent it from happening. Or warn it will be triggering a market buy/sell if entering below/above instead of above/below. #26 as being able to control the chart spacing top and bottom. #27 fix VWAP as in make it the actual volume weighted average price and not something that resembles a simple moving average (and make it appear on the app to choose from too, weridly its only available on the desktop version) [Screenshot_20200709-221421] S…

How to show volume bars on the chart? Like finviz

Thats odd seem to be fine on mine. This is what I’m after (including an actual working VWAP!)… [Screenshot 2020-08-19 at 14.13.06] what we have [Screenshot 2020-08-19 at 14.12.48]

We need the 5 Minute Chart!

Oh my [Screenshot 2020-08-12 at 11.21.05] Just need VWAP to be working properly now @Tony.V [Screenshot 2020-08-12 at 11.25.56] a bit like this, rather than that blue line above: [Screenshot 2020-08-12 at 11.27.48] After hours charting would be the cherry on the top

Volume on charts

Does T212 currently have any plans to improve it to show buy vs sell? It also doesn’t seem to match other charts. [Screenshot 2020-07-20 at 10.24.52] [Screenshot 2020-07-20 at 10.25.06] Also would be amazing to have a VWAP that works like TradingView above, the T212 one feels like a SMA. [Screenshot 2020-07-20 at 10.34.39] VS [Screenshot 2020-07-20 at 10.36.41]

5-20 day moving average on short buys

No worries. I actually use Tradingview for charting as it has about a million more settings available. Crucially 5min and 15min, and 4hr views. It also has vwap which works whilst T212 is close to a 5 SMA and completely wrong. Makes it super simple to see when it’s over bought or sold. Better on desktop but also is an app. [Screenshot_20200719-174325]

I do go on about vwap alot it seems

[JKAndrex]

I confirm that the VWAP indicator offered by T212 does not works well

[pipo]

I’ve listened to a few podcasts about “pro traders” using the VWAP. I could never understand what was so special about it. I used to check it out on T212 and was like … what’s so special about this? It just follows basically the exact same line as my moving average.

So with this screenshot it makes a bit more sense now. I guess you sell when it’s in the red zone, and buy in the green?

[Hectares]

Agree, would be great to have VWAP working.

[phildawson]

Yep so trading action will follow the vwap and if it’s getting too over bought or over sold it’ll be pulled back.

Here’s Apple yesterday and with RSI you can see a clear sell and buy signal.

I’ve turned off the extra lines but 1.28, 2.01, etc are the standard deviation above/below. Here’s with them all on.

As you can see here in premarket it’s just up.

Take it with a pinch of salt, but if you have VWAP, macd, RSI all with buy or sell signals and looking good against the SMA then it’s usually time to act.

The other thing which would be great for T212 is L2 and the tape so you can see the potential and what’s going through. Whilst it’s easy to spoof on L2 it does help to show potential walls and where the buyer support is.

[Hectares]

Regarding L2, if DasTrader allow F1 Trades i can’t see why they wouldn’t welcome T212? .

PS: I know DasTrader and F1Trades/Suretrader founders were married, but T212 have a much better reputation haha.

… WeBull are currently offering 3 months free Level 2 via Nasdaq TotalView, then it will be $1.99 a month, bargain!

[pipo]

I’m still not 100% convinced of these technical signals. I noticed in your first screenshot, there was a sell signal at the top right, but apple actually shot up. What would you have done there?

[phildawson]

Well as I don’t have AH/pre access nothing.

If I did I may have sold, heres the chart this morning where you can see it went slightly higher before the sell off.

Again take it with a pinch of but in most cases it always pull back around vwap until a breakout happens either a random pump or news. In most cases it’ll ping pong between above 70 to below 30 RSI.

Worth not getting too fixated on the 1m, also need to look at 5m and 15min for intraday.

[Martin]

Shortly, we’ll disable VWAP on Invest & ISA since it doesn’t work as intended. However, we’ll start working on a fix.

If you already have an active VWAP on your chart or it’s in a template - it will be overridden.

[Hectares]

Thank you for the update, please bare in mind the indicator is also on the CFD

[phildawson]

@Martin

However, we’ll start working on a fix.

With the “fix” can you ask the devs to be able to set a stdev above/below it to help mark the over bought/sold regions? Here it’s starting at 1.28 and 2.01 as the , but a customisable value would be ace.

Looks like TSLA has just taken off…

[Martin]

We’ll consider that.

[behnam_js]

Hi there, suddenly VWAP is removed from my account. Was it planned?

[phildawson]

It was removed as it didn’t show the volume weighted average price at all. If you want to replace what it was doing then select SMA instead.

This post has images of what you saw and what should have been shown as an example:

Add a VWAP indicator maybe?

Yeah but actually check that option out and see what you find, it hasn’t worked ever. I’ve nagged so many times for it to be fixed. [image] [image] @Martin @David @George @Tony.V @anon86329651

@Martin

Shortly, we’ll disable VWAP on Invest & ISA since it doesn’t work as intended. However, we’ll start working on a fix.

[behnam_js]

Thank you Phil, sorry I had not seen the part mentioning about disabling VWAP!

[ffp3_mask]

I haven’t really paid attention to that @phildawson as I quit using T212 charting tool a couple of months ago when I complained about losing my candles everytime I refresh the page, only to be informed by the rep that the chart I was looking at had low volume when it was trading at 20M. And of course, more issues/glitches. I use TView now.

Anyhow, I think that T212 is now realising that the knowledge account of their users is compounding exponentially and are actively pointing issues and recommending/demanding more features. I know they are working extremely hard to deliver. Hopefully they could keep up. Rooting for them to succeed.

[phildawson]

That’s fair enough I use Tradingview too. Yeah I think as they continue to grow they’ll need to up their game to match more types of traders and experience.

I’d much prefer them to fix/improve their own charts than use a third party.

Adding the new time periods was a dramatic improvement.

If they can add volume that would be great, and fixing the vwap would start to see me using less of Tradingview. The other bits like controlling the exclusion zone above/below the action as it’s always very tight and improving zoom and panning in general would seal the deal.

Hopefully we get AH/pre soon but even just plotted for now would be ace.