What is offset in VWAP(offset)


#1

How to interpret/apply offset in VWAP condition in streak?


#2

can someone from Zerodha/Streak answer this?


#3

@europa,

Offset lets you refer to the VWAP of an older candle.
Eg: When Offset is ‘0’ then it the VWAP of the latest candle, when you make it ‘-1’ then is the VWAP of the previous candle and when you make it ‘-2’ then it give us the VWAP of prev to prev Candle and soon.
Offset everywhere in the platform conveys this exact same meaning.
Hope this clarifies.

Thanks


#4

Thanks. Is there a way to code condition VWAP +/- ?


#5

Thanks. Is there a way to code condition VWAP +/- Absolute Number?


#6

@europa
Math operations are in our task list, and will released in the upcoming versions.

Regards