Volume Weighted Average Price VWAP
Again, we are looking to sum High, Low, and Close, which is (C2+D2+E2), and then divide by 3 to get the average. That typical price is then multiplied by volume for the increment (F2). It’s obviously untenable to do these calculations on a line-by-line basis. The time taken would offset any potential trading benefits from calculating VWAP in why you shouldnt underestimate litecoin the first place. For each increment, we first need to calculate the typical price. Imagine if you could only see the last 9, 20, or 50 brushstrokes …