/*********************************************************************************************** Title: TradeFlow VWAP Indicator for eSignal By: Divergence Software, Inc. Web: http://www.sr-analyst.com ================================================================================================ Dislaimer: For educational purposes only! Obviously, no guarantees whatsoever and use at your own risk. ************************************************************************************************ Project Description: =================== The TradeFlow-VWAP indicator provides a filtered view of volume-weighted average price (VWAP). You define the share/contract-size group that you would like to monitor and TradeFlow-VWAP calculates the VWAP based on only those trades executed within the specified size range. So instead of a conventional VWAP that takes all trades into account, you can create a VWAP that is based only, for example, on the activity of "big money" traders. The default min/max trade sizes are set up with the S&P eMini in mind but, again, you can customize the values to work with most futures contracts and all stocks. This indicator will NOT work with currencies. Usage Notes: =========== The TradeFlow-VWAP indicator uses data that is available in realtime only and, as such, it provides no historical plot (i.e., it begins operating from the current price bar when it is loaded). IMPORTANT!!!: 1. If the indicator is refreshed or reloaded during the trading day, the plot will be cleared and will begin again from the current price bar. There is no way to restore the plot once the indicator has been refreshed or reloaded. Probably best to load the indicator into its own chart that you won't fiddle with during the trading day. If you are going to experiment with settings (which is a good idea) then do so after-hours using the eSignal Tick Replay feature, which allows you to walk through an entire trading day (tick-by-tick) at up to 200-times faster than 'realtime'. 2. Read #1 again. Recommended usage would be to load it into a lower-interval chart (perhaps a 1-min or 30-second chart or even a tick chart) before the market opens and then let it run. If possible, load the indicator before 9:00am EST and watch the pre-market activity. Indicator Parameters: ==================== Define Trade Size to Monitor: Minimum Trade Size: The smallest trade size (in shares/contracts) for a trade to be considered for purposes of accumulating data. Default is 1. Maximum Trade Size: The largest trade size (in shares/contracts) for a trade to be considered for purposes of accumulating data. Default is 10000. VWAP Rising Color: The color to use for plotting the VWAP line when the value is rising. Default is green. VWAP Falling Color: The color to use for plotting the VWAP line when the value is falling. Default is red. Thickness: The plot thickness to use for the line. Default is 2. Range is 1-10. Line Type: Select from Solid, Dot, Dash, DashDot, DashDotDot. Default is Solid. Disclaimer: For educational purposes only! Obviously, no guarantees whatsoever and use at your own risk. *******************************************************************************************************/