VWAP
Volume Weighted Average Price.
The VWAP is the average of the price of every print, weighted by the size of the print. This is a common way to summarize the price of a stock on a given day. For example, some brokers will accept an order where the client gets a price based on the VWAP. Also, some institutions grade their traders by comparing the trader’s performance to the VWAP. The VWAP has become more important recently because of its use in algorithmic trading.
The alerts server computes the VWAP on every print. Some alerts are based on the VWAP.
Alert Types
We offer the following alert types which are related to this topic. Click on the icon for a detailed description of the alert, or click on the example link for additional samples of each type of alert.