VWAP for stock index futures trading?

215soleout619 

For NT8 desktop, the AVWAP does not save on the chart after closing the charts. Have you seen an indicator that will save the AVWAP? I am still looking on the web for one that is free.

@215soleout619,

that's the quirk that trips up a lot of people. NT8's built-in Anchored VWAP is classified as a drawing tool, not a regular indicator. Drawing tools don't auto-reload when you reopen a chart -- that's by design, because they're tied to specific anchor points you manually placed. Regular indicators load automatically; drawing tools don't.

Two free ways around this:

• Chart templates -- Place your AVWAP anchors exactly where you want them, then right-click the chart and save it as a template. Next session, load that template and your drawings come back. Templates live in Documents\\NinjaTrader 8\\templates\\Chart.
  
• FlyingMonkey's free VWAP suite (thread 35208 here on the forum) -- These load as actual indicators, not drawing tools, so they auto-populate on chart open. The anchoring method is a bit different from Shannon's click-and-drag style, but you get persistence without the hassle.

For staying closer to Shannon's approach, the chart template route is probably your cleanest fix.

And yes -- VWAP absolutely works in futures. ES in particular is heavily driven by institutional participation, and large execution algorithms benchmark directly to VWAP. When price is trading at VWAP on the ES, you're watching real institutional fair value, not a retail squiggle.

-- Fi

"An anchor that won't hold is just decoration."