VWAP or Volume weighted average price is an indispensable tool for intraday traders to forecast the price move of stocks. It does not necessarily give trading signals but it helps in buying low and selling high. When used with other trading indicators it can definitely help in increasing the accuracy of your trading strategy. VWAP factors in the volume of stock and hence indicates the current momentum as well as true average price.

In this post, we would go through a VWAP Trading Strategy Excel sheet. This is an automated excel sheet which would calculate absolute VWAP value for various intraday timeframe. You can also refer some of our very popular Excel based trading systems in the below link:.

Excel Based Trading Systems. As the name suggests, VWAP is the weighted average of stock price over a specified time period.

Trading With VWAP And MVWAP

The stock price is weighted based on the volume for that specified price candle. Below is the formula used to calculate VWAP:. As you can see, by multiplying the number of shares by the price, then dividing it by the total number of shares, you can easily find out the volume weighted average price of the stock.

Since VWAP takes volume into consideration, you can rely on this more than the simple moving average. VWAP has numerous application in the trading world.

It is helpful for both institutional investors and retail intraday traders. Below are some well known applications of VWAP: Download the Excel file from the end of this post.

Open this Excel file and make sure you are connected to internet. Please accept if it asks to enable Macros and Data connections. Input the Symbol Name , Exchange Name , Interval and Number of Days.

Click on Get Data button. The data would be automatically downloaded and chart would be refreshed. The last columns indicates VWAP value. Green cell indicates VWAP is below closing price undervalued , Red cell indicates VWAP is above closing price overvalued. Please see the below link to download VWAP Trading Strategy Excel Sheet. Please let us know if you have any queries. Also, send us your feedback on how to improve this sheet. Hi Nayan, The data we fetch in the excel sheet is from Google finance and unfortunately there is no symbol in Google Finance for Nifty and Banknifty futures.

You can still fetch the data for their respective spots but volume would not be available as they are pure derivatives. We thought a lot about it but there is no workaround available. Sir, First of all thanks for such a marvelous work, I would like to know if this sheet can get auo updated say in a duration of 1 or 5 minutes rather than pressing the Get data button again and again….

This sheet is showing data for Feb expiry when we fetch the data. If the price is below VWAP, it is considered as undervalued, while price above VWAP is considered as overvalued. Interstate in FO NIFTY. Your email address will not be published.

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VWAP Trading Strategy Excel Sheet Posted on October 26, by admin. Please share it with your friends!

A Profitable Intraday Trading system: Excel Sheet - Trading Tuitions

McGinley Dynamic Trading System: Please check again, the sheet has been corrected. And thanks a lot for letting us know!

Hi Bhaavin, Check at right side of the sheet, there you can enter scrip name and timeframe. Sir Can we use this Indicator for Indices i.

Volume Weighted Average Price (VWAP) Trading Strategy

Nifty and Bank nifty. Hi Jayesh, Currently, that is not possible in this Excel sheet. Hi Vikash, Yes it can be. We will try to update soon.

Instinet - A Nomura Company | History

Hi How can i download all the symbols from the hong kong stock exchange? Hi Sir, This sheet is showing data for Feb expiry when we fetch the data. Hello Sir, I was waiting for the auto update of ur sheets. Sir, how can we get some more data like average volume, 52 wk high etc.

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