Fabii Vwap SSL Baseline
- Indicators
-
Fabien Georges Andre Guillemaud
I develop custom indicators and trading tools for MetaTrader 5. - Version: 1.5
One coloured line that always tells you which side of the VWAP you're on.
No repaint. Free in the Strategy Tester.
▬▬▬ THE PROBLEM ▬▬▬
You watch the VWAP every session. Price crosses it, bounces off it, crosses again. You know it matters — but you hesitate at every entry: which crossing is real, which is noise? Every bar you misread the bias is a trade you size wrong or skip entirely.
▬▬▬ THE SOLUTION ▬▬▬
Fabii Vwap Ssl Baseline turns two VWAP levels into a single coloured baseline that holds its side until price genuinely proves otherwise. Green means the bias is up. Red means it's down. You read it in half a second and move on.
▬▬▬ HOW IT WORKS ▬▬▬
Each period (day, week, or month), the indicator calculates a high VWAP and a low VWAP. While price closes above the high VWAP, the baseline stays green on the low VWAP. When a bar closes below the low VWAP, it flips to red and rides the high VWAP — and stays there until a bar closes above the high VWAP again. This sticky hysteresis ignores most of the back-and-forth noise that makes simple VWAP crossings unreliable.
▬▬▬ KEY FEATURES ▬▬▬
- Daily / weekly / monthly anchor — which means you match the reset to your style: intraday traders use daily, swing traders use weekly, position traders use monthly.
- Sticky SSL flip (high/low hysteresis) — which means the baseline holds its colour through noise and only changes on a genuine closed-bar break.
- Baseline, coloured candles, or both — which means you choose how you read the bias at a glance, without cluttering your chart.
- Live price tag at the line end — which means the current VWAP value is always visible without hovering over the line.
- Flip alerts (popup / sound / push) — which means you never miss a side change even when you are away from the screen.
- No repaint — signals are final on bar close. The value shown on any closed bar never changes on a later tick.
▬▬▬ INPUTS ▬▬▬
| Parameter | Description | Default |
|---|---|---|
| VWAP Period | Anchor reset: Daily / Weekly / Monthly | Daily |
| Display Mode | Baseline only / Candles only / Both | Baseline |
| Up Color | Colour when trend is up | LimeGreen |
| Down Color | Colour when trend is down | Red |
| Line Width | Baseline thickness (1–5) | 2 |
| Show Price Tag | Show live VWAP value at line end | true |
| Tag Color | Price tag colour | Gold |
| Alert Popup | Popup alert on flip | false |
| Alert Sound | Sound alert on flip | false |
| Alert Push | Push notification on flip | false |
| Sound File | Sound file name | alert.wav |
| Use Bars Limit | Limit calculation to N most recent bars | true |
| Max Bars | Bars to compute (min 50) | 500 |
▬▬▬ HOW TO USE IT ▬▬▬
- Attach the indicator to any chart. Choose your anchor period: Daily for intraday, Weekly for swing, Monthly for position trading.
- Green baseline = bullish bias. Only consider longs. Red = bearish bias. Only consider shorts.
- When the colour flips on a closed bar, your directional bias has changed. Reassess your open positions.
- Combine with your entry trigger — price action, a level, another indicator. The baseline tells you the side; your trigger tells you the moment.
- Enable alerts to get notified automatically at each flip.
▬▬▬ WHY TRUST IT ▬▬▬
No repaint: every signal is computed on closed bars only. The live bar shows a provisional value that updates tick by tick but never feeds any signal calculation — you can verify this yourself in the MetaTrader Data Window. Open the Strategy Tester, run the indicator on any pair, and check that historical signals never move. I answer questions within 24 hours.
▬▬▬ PART OF THE FABII SUITE ▬▬▬
More no-repaint tools built on the same framework: https://www.mql5.com/en/users/fabienfxtrades
▬▬▬ A NOTE FROM THE COMMUNITY ▬▬▬
Question or issue? Message me first — I answer within 24h and fix fast. If it saved you time on a few trades, a short review — even one line saying which pair and timeframe you use it on — helps other traders find it.
Download it free. On your charts in 2 minutes. Test it in the Strategy Tester before trading live.
(Past performance does not guarantee future results.)
