[EquisMetaStock Group] VWAP

[Blitz Krieg <greenrhinos@xxxxxxxxx>]

Hi, guys

I tried to make simplified VWAP application on my chart as indicator, so I can easily know where is support/resistance.

 

Formula:

((L*V)+(ref(L,-1)*REF(V,-2)+(ref(L,-1)*REF(V,-3))/(V+REF(V,-1)+REF(V,-2))

 

BUT the result seems like only summation of Ln*Vn.

Guys, I need your advice about this.

 

Thank you for your advice

 

Blitz

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