# BTCUSD Volume Weighted Average Price & Kairi

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This indicator calculates VWAP ( Volume Weighted Average Price ) for major crypto exchanges with BTCUSD pairs and shows what percentage each exchange deviates from VWAP .
When the parameter "Display" is the default value "Deviation", this deviation is expressed in%. Therefore, VWAP is always drawn as "0.00".

VWAP is calculated using the BTCUSD prices and volumes of the following exchanges.
These exchanges are the ones BitMEX refers to when indexing (excluding ITBIT).

・ Coinbase
Bitstamp
・ Kraken
Gemini
・ Bittrex

Therefore, VWAP shows a price close to ".BXBT" of BitMEX.

However, while BitMEX has a fixed weight, VWAP of this indicator calculates the volume for each candlestick , so it will be closer to the actual value.
When there is a big movement in the short term, it is easy to be swayed.

If you set the parameter "Display" to "Deviation_SMA", it will calculate the simple moving average of the deviation rate, so it will be hard to be swayed.
Set the desired "Length".

If you want to know the actual value of VWAP , set the parameter "Display" to "Price" and the actual BTCUSD prices will be displayed.

* Warning: This indicator also shows BitMEX and Bitfinex, but these two exchanges are not included in the VWAP calculation. be careful.

わー！