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VWAP Indicator MT5

Description :

VWAP (Volume-Weighted Average Price) is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price at which pair is traded over the trading horizon. Read More.

All Symbols and All Timeframes are supported.


Indicator Inputs :

    VWAP Mode : Mode of VWAP Calculation. Options can be selected : Single,Session,Daily,Weekly,Monthly
    Volumes : Real Volumes,Tick Volumes
    Price Type : Used price for calculating. Options : Close,Open,High,Low,Median,Typical,Weighted
    Use Moving Average : If selected, must enter Moving Average Method, Moving Average Period
    Start Time and End Time : Is used only for Session VWAP
    Start Date : Is used for Single VWAP only
    Max Number of Candles : Number of bars to proceed.
    Deviations Settings : Enable/Disable and Deviation Values
    Graphical Options : Filling/Colors/Widths/Styles
    Alert/Notification Options : Closed Candle Crossing / Price breakout


Tips :

  • You can attach more than one indicator to a chart with different settings in these cases :
    • If you want multiple sessions on a day,
    • If you want 2 or more histograms overlapping each other



Versions :



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Version 1.2 2023.01.19
Performance of filling buffers optimized.
Version 1.1 2021.03.12
Optimized Performance when multiple indicators run on chart.