VWAP for Day Trading Futures: Advanced
It’s 9:30 AM on a volatile futures day. Your manual order to enter the market at 10:00 AM misses the move. Meanwhile, your algorithmic strategy, powered...
It’s 9:30 AM on a volatile futures day. Your manual order to enter the market at 10:00 AM misses the move. Meanwhile, your algorithmic strategy, powered by VWAP and Volume Profile Pro, has already captured the opening range breakout. This isn’t magic—it’s the power of combining two foundational tools in algorithmic day trading. VWAP is the ratio of the value of a security traded to the total volume during a trading session. It serves as a benchmark for execution in algorithmic trading strategies. Traders use it to gauge whether their orders are filling at favorable prices relative to market activity. Volume Profile is a technical analysis tool that displays the volume traded at each price level over a specified period. It helps identify areas of high liquidity and potential support/resistance. Volume Profile Pro is an advanced version of Volume Profile that includes delta, bid/ask, and custom range profiles for detailed market structure analysis. It supports multiple chart types including renko.