TrueWAP (Q7384249)
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True Range-Weighted Average Price ('TrueWAP')
| Language | Label | Description | Also known as |
|---|---|---|---|
| default for all languages | No label defined |
||
| English | TrueWAP |
True Range-Weighted Average Price ('TrueWAP') |
Statements
This groundbreaking technical indicator directly integrates volatility into price averaging by weighting median range-bound prices using the True Range. Unlike conventional metrics such as TWAP (Time-Weighted Average Price), which focuses solely on time, or VWAP (Volume-Weighted Average Price), which emphasizes volume, 'TrueWAP' captures fluctuating market behavior by reflecting true price movement within high/low performance boundaries.
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7 July 2025
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expanded from: GPL (≥ 2) (English)
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