Trading Presentation: MIDAS VWAP

We are pleased to announce a new Trading Presentation about a significant tool with the name MIDAS VWAP (Market Interpretation/Data Analysis System - Volume Weighted Average Price) or Anchor VWAP. The MIDAS Vwap Presentation walks through the basics of the tool's utilization as well as its applications to help in understanding the market's underlying order flow from balance to imbalance though algorithmic execution. The MIDAS Vwap tool is a unique and powerful way of looking at the markets that may help add an extra edge to a trading method when combined with other key elements.

Market Interpretation/Data Analysis System, or MIDAS, was developed by physicist and technical analyst Paul Levine, in the mid 1990s. It was originally conceived of as a method of analyzing market trends inspired by aspects of the popular Volume Weighted Average Price (VWAP) pricing method. Essentially, what Levine discovered was that he could accurately predict reversals in trader sentiment—and, therefore, market trends—using algorithms derived, in part, from VWAP pricing methods. Extending Levine′s insights from the daily charts on which the method was conceived, Coles and Hawkins have since expanded the fractal capabilities of the approach to apply to all time frames—from one–minute charts and swing–trading charts to charts of interest to the very long–term investor. Because Levine′s focus was on MIDAS purely as a forecasting tool, he failed to develop a framework for trading and investing management.

With your Premium Membership you can watch the presentation on The Pivate Banker Community now. Make sure also to read our recommended book about this topic to apply the tool in your own trading methodology.

See you in The Private Banker Trading Community!