Session VWAP Bands MT4

Indicators
Mattia Marco Platania
Mattia Marco Platania
Canada

7096
At MetaCoderStore, our goal is to build practical, clean, and reliable MetaTrader indicators that traders can actually use in live chart work. We focus on clear visual tools, useful inputs, and MT4/MT5 versions wherever possible.
Version: 1.10
Updated: 22 May 2026
Activations: 10

Paid release: Session VWAP Bands MT4 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.

Session VWAP Bands plots the session volume-weighted average price and adaptive deviation bands directly on the chart. It helps you see where price is trading relative to the current session's fair-value area.

Use it to spot

Price holding above or below session VWAP.
Mean-reversion areas near the first deviation bands.
Stretched moves near the second deviation bands.
Intraday trend continuation when price keeps respecting VWAP.

What it shows

VWAP line on the main chart.
Upper and lower first-deviation bands.
Upper and lower second-deviation bands.
Hidden session-age buffer for EA or dashboard integration.

Main features

Daily/session reset with configurable start hour and minute.
Tick-volume weighted VWAP calculation.
Optional typical-price or close-price calculation.
Configurable first and second band deviations.
Historical calculation limit for lighter charts.

Basic use

Add the indicator to an intraday chart.
Watch whether price accepts above, below, or around VWAP.
Use the first bands as normal session extension areas.
Use the second bands as stretched movement or target areas.
Confirm with your own trend, price action, and risk rules.

Inputs

MaxCalculatedBars: limits how many historical bars are calculated.
SessionStartHour: hour used for the session reset.
SessionStartMinute: minute used for the session reset.
Band1Deviation: multiplier for the first band set.
Band2Deviation: multiplier for the second band set.
ResetEveryDay: resets VWAP on each trading day/session.
UseTypicalPrice: uses typical price instead of close price.

Buffers

Buffer 0: VWAP value.
Buffer 1: upper first band.
Buffer 2: lower first band.
Buffer 3: upper second band.
Buffer 4: lower second band.
Buffer 5: session age.

Risk note: this indicator is a technical analysis tool. It does not guarantee profitable trades. Use it with risk management and additional confirmation.

Signals

Green arrows mark bullish VWAP setups: lower-band rejection or a move above the outer upper band.
Red arrows mark bearish VWAP setups: upper-band rejection or a move below the outer lower band.
Signal buffer values: 1 lower-band bullish rejection, 2 upper-band bullish breakout, -1 upper-band bearish rejection, -2 lower-band bearish breakdown, 0 no signal.

more...

This indicator shows the high volume zone. From the last minutes that you set yourself, the image of the volume zone is generated on an ongoing basis. The indicator also shows the V-Poc, Average Volumen and V-WAP lines. if you are using high intervals you must enter a large number of minutes. the zone builds itself up as the chart moves. if you want to build a zone from: last day - 1440 minutes, last week - 10080 minutes, ... etc. If you need an indicator that shows the constant volume zone