Calculate Ticks from Price to VWAP


I want a label on top of my charts for ES/NQ/YM/CL/RTY/GC etc., basically all the Futures that tells me how many ticks away is VWAP from the current closing price. I want this to be dynamically calculated for each Symbol. Basically, I don't want to create a separate indicator for each Symbol. Is it possible to create a single indicator that gets the symbol, derives the ticksize and calculates the # of ticks between Close and VWAP? If it exists, can someone share it or something similar, or can someone please help create it for me?


Try this

input agg = AggregationPeriod.DAY;

def price = vwap(GetSymbol(), agg, PriceType.LAST);

def tick = TickSize(GetSymbol());
def distance = (close(GetSymbol()) - price)/tick;
AddLabel(yes, "Ticks to VWAP: " + distance, if distance >= 0 then Color.GREEN else Color.RED);

NOTE: I'm not sure if that VWAP calculation is exactly the same as the one you are using (it's a little off from mine), you could always paste the last 4 lines of code into whichever VWAP script you use and then update the price variable to whichever one they are using to plot the VWAP to make sure the distance matches.

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