ETFOptionsTrader wrote: Wed Jun 17, 2020 6:40 pm

So if you have to increase the shifted VWAP multiplier further is that value chosen from testing and "eyeballing" the chart or do you line up some z-score band to a corresponding quantile band on the volume profile?

Also, I think for Fibs Plus on timeframes below H1, the H4 pivot points begin 1 tick too early on the start of a new day.

Yes, you sort of sizing it to the corresponding volume profile structure. With regards to Pivot Fibs plus, at this point... nothing much I can do bout that. You can only adjust the session timeframe in 30-minute and in 1-hour based start time (or broker/server start time) based on the tool required parameter setup (NY, London, Tokyo... etc). It is the same for all PIVOT tools that I have seen so far.

 
If you are looking at the starting point of the VWAP & MVWAP, I based it on Dr. Paul Levine Lectures (R.I.P.) you need to have a starting point for the VWAP calculation (e.g. VWAP= (High+Low)/2 ...at the start of the day or plotted starting point, we need to put initial values ) <<< the resulting starting point, may be aligned with the vertical line guide or one tick/bar forward.