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  • Reviews (15)
  • Comments (49)
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MIDAS Super VWAP

4.25

Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and determines, for some, a good price at which to buy or sell.

The MIDAS (Market Interpretation/Data Analysis System) addition is a work initiated by Paul Levine that derived to the very well known book "MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets". Several approaches derived from this work and this indicator, MIDAS Super VWAP is one version that reunites the best of this kind of data into one single entity in Metatrader 5.

If you do not know about how to use VWAP/MVWAP/MIDAS and its importance I really recommend you to study not only the aforementioned book but the several and freely available videos on the web about the subject. I assure you they are a world apart...

Enough of talking...


SETTINGS

  • Show VWAP line o chart?
  • Show MVWAP line on chart?
  • What kind of period do you want for the MVWAP calculation?
  • MIDAS buttons:
    • Buttons X offset distance on the chart
    • Buttons Y offset distance on the chart
    • Buttons TOP colors
    • Buttons BOTTOM colors
    • Buttons text color
  • Calculation Mode:
    • Open, High, Close, Low, Median (H+L)/2, Typical (H+L+C)/3, Weighted (O+H+L+C)/4
    • Volume Type: Real Volume or Ticks.


NOTE:
Due to the way all MIDAS lines are calculated, they will ONLY be drawn with the Market OPEN.


Looking for more FREE VWAP-related indicators, here you go:

VWAP Cloud

VWAP and MVWAP

Stackable VWAP


If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)



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Reviews 15
Mateus Matucuma Teixeira
531
Mateus Matucuma Teixeira 2021.06.30 05:37 
 

Lovely indicator, many thanks!

exovette
16
exovette 2021.04.04 18:19 
 

I am really enjoying this indicator! Thanks a bunch :)

João Victor
49
João Victor 2021.02.03 13:14 
 

Great work!

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Trade against the crowd using Naragot Sentiment Market Outlook! Get notifications to your Mobile MT4 Terminal while the sentiment changes! What is Sentiment Market Outlook? This is the ratio of buyers and sellers in the market right now. Naragot Sentiment Market Outlook collects the data from different brokers and monitoring services and provides you this information directly in the trading terminal. In order to provide the indicator up-to-date ratios data you should install and keep turned on
50 USD
Table of currency pairs
Table of currency pairs
Denis Khokhlov
Версия 2.0 2018.10.20 1. Добавлен расчет коэффициента ранговой корреляции Спирмена. 2. При наведении курсора на показатель таблицы появляется всплывающая подсказка (Расхождение RSI, направление сделок, информация о свопе). Table of currency pairs - разработана в помощь трейдеру торгующему на рынке Форекс по методу основанному на корреляционной зависимости валютных пар. Корреляционная зависимость между двумя инструментами рассчитывается через коэффициент К. Пирсона. Основная функция таблицы -
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Ez Channel MT5
Ez Channel MT5
Thushara Dissanayake
The   Ez Channel MT5   indicator automatically identifies real Trend Channel in the chart. Mini control panel available for adjusting time periods and save identified channel before change it with new movements. So using this indicator you never need to draw trend lines manually. You can simply view other available trend channels changing the time periods. Saved channels can view with any time-frame. So it is really useful for every Forex trader who use trend following strategies. Features Suita
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Stop Out aka iUrovenZero
Stop Out aka iUrovenZero
Vitalii Prushinskii
Данный индикатор создан по подобию i-UrovenZero.(использовался в мт4) Здесь в упрощенной форме, без излишеств. Индикатор укажет на графике, где находятся уровни полного слива, безубытка или  заданной вами прибыли в пунктах или деньгах. Итоговый расчёт по всем открытым ордерам. ------------------------- - уровень полного слива по счету; - уровень StopOut ; - уровень нулевой маржи ; - уровни по общему безубытку и отдельно по безубытку всех Buy ( Sell ) ордеров; - уровень сигнального расстояния
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Omega Scalping System Trend Histogram MT5
Omega Scalping System Trend Histogram MT5
Sergey Efimenko
The indicator is a complex four-line histogram. A position can be opened in a certain direction when all dots initially have the same color vertically. A dot color is determined after the current bar is closed and it is never repainted. The initial parameters are set for М15. I recommend using it together with my other Omega indicators. Omega Scalping System Colored Candles -  https://www.mql5.com/en/market/product/39297 Omega Scalping System Price Power -  https://www.mql5.com/en/market/produ
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FibTracer
FibTracer
Syed Oarasul Islam
FibTracer is an interactive Fibonacci tool that is aim to improve and facilitate your Fibonacci trading style. This Indicator can generate Fibonacci Retracement levels in two different ways. You can select whether to draw Fibonacci Retracement levels based on you favourite ZigZag settings or you can let the indicator to draw Fibonacci Retracement level based on given number of periods.  You can also set Mobile and Email notification for your favourite Retracement levels individually. With this i
50 USD
FibExtender
FibExtender
Syed Oarasul Islam
This Indicator draws Fibonacci Extension levels in two different ways. You can select whether to draw Fibonacci Extension levels based on your favourite ZigZag settings or you can let the indicator to draw Fibonacci Extension  level based on given number of Bars or Candles.  You can also set Mobile and Email notification for your favourite Extension  levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your
50 USD
Blahtech Supply Demand MT5
Blahtech Supply Demand MT5
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detecto
124 USD
Channels Indicator MT5
Channels Indicator MT5
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the time frames. But, they will not be able to draw
50 USD
Weis Wave with Alert MT5
Weis Wave with Alert MT5
Panagiotis Diamantopoulos
** NEW PLUTUS SIGNALS and ALL IN ONE ** Plutus Long and Short trading signals added (for more infor visit    http://www.tradethevolumewaves.com   Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** IF YOU PURCHASE DO NOT FORGET TO CONTACT ME BECAUSE THERE IS MORE. Free, two hour, one to one webinar covering setup , methodology and Q&A on any lifetime purchase. How to trade with it:   ht
499 USD
Support and Resistance Screener Pro MT5
Support and Resistance Screener Pro MT5
STE S.S.COMPANY
Support And Resistance, technical indicator for mt5 that identifies the Strong support and resistance Zones based on Harmonic Patterns and market volume. By accessing to our MQL5 Blog,  you can download the Free Version of the indicator. Try it before you buy ,without the Metatrader Tester restrictions.  :   Click Here Key Features Dynamic Support and Resistance Zones Automatic support and resistance Zones. Non repaint support and resistance Zones. Key Level Zones Bank levels Zones Docume
50 USD
Configurable Dashboard Pro by RunwiseFX MT5
Configurable Dashboard Pro by RunwiseFX MT5
Runwise Limited
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
79 USD
AO unpaid divergences
AO unpaid divergences
Diego Arribas Lopez
How to use the Demo version AO unpaid divergences MT5 - Goldenlifestyle AO unpaid divergences is the first indicator developed to detailed analyze Regular and Hidden Divergences. It uses this analysis to find out possible entry points and targets. Below some of the characteristics of this indicator:  Time saving Highly customizable Working for all pairs (Crypto, Forex, Stocks, Indices, Commodities...) Suitable for Scalping or Swing trading Possible reversal swings Alerts and Notifications on MT
450 USD
Pinbar Scanner For Multi Pair And Multi Time Frame
Pinbar Scanner For Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Pinbar Scanner For Multi Pair and Multi Time Frame :   This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exi
79 USD
MR Reversal Patterns 5
MR Reversal Patterns 5
Sergey Khramchenkov
The indicator was created for the "Masters of Risk" trading system.   It shows the change in the trend structure of the market.  Indicator shows the key places in the market.  The patterns contain accumulated volume in the market.  The structure of the models is similar to the  MW indicators, but is created from scratch by the author's methodology.  Of the Patterns - Pattern 1 is more powerful than Pattern 2 for breaking the tendency of market movements.  In combination with "MR Range Breakouts
150 USD
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Tabajara V5
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Mini POC
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Big Player Candles
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Weis Waves
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Inside Bar Radar
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Aggression Volume
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Closing Price Reversal
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Economic Markers
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Price Momentum
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Force Numbers
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Symbol Watermark
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Waves Sizer
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Time Spaced Moving Averages
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Candle Zones
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ATR Monitor
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Flavio Jarabeck
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Market Momentum
Market Momentum
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Flavio Jarabeck
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Flux Diffuser
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Flavio Jarabeck
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Stackable VWAP
Stackable VWAP
Flavio Jarabeck
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Price Trail Chart
Price Trail Chart
Flavio Jarabeck
For those who hate candlesticks in lower timeframes (M1 through M15) we "invented" a clean new way to follow Price movement and displacement (volatility) called Price Trail Chart . The big "secret" is to get rid of those annoying candle wicks and draw the whole complete candle without them, this way we get a cleaner chart and a new view of the Price Path. No Open or Close markings, just LOW's and HIGH's, full body candle. Additionaly we inserted a Volume monitor from our Best Downloaded indicat
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Ajuste Dolar B3
Ajuste Dolar B3
Flavio Jarabeck
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Server Clock
Server Clock
Flavio Jarabeck
Many friends asked me for a simple, non-obtrusive, resource-friendly clock to track the time during their trades. It seems pretty obvious, but it is a must-have for those trading the market manually, waiting for the Market News, or just to visually know what time it is... Trading is an absorbing endeavor! So, here it is... Totally configurable, including Font Type, Font Size and Chart Location: Upper Left/Center/Right OR Lower Left/Center/Right, with a little twist of adjusting the Offset, just
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ATR Monitor EA Friendly
ATR Monitor EA Friendly
Flavio Jarabeck
ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
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Arrows Cleaner
Arrows Cleaner
Flavio Jarabeck
For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex
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Candlestick Pattern Teller
Candlestick Pattern Teller
Flavio Jarabeck
Minions Labs' Candlestick Pattern Teller It shows on your chart the names of the famous Candlesticks Patterns formations as soon as they are created and confirmed. No repainting. That way beginners and also professional traders who have difficulties in visually identifying candlestick patterns will have their analysis in a much easier format. Did you know that in general there are 3 types of individuals: Visual, Auditory, and Kinesthetic? Don't be ashamed if you cannot easily recognize Candlest
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Economic Markers PRO
Economic Markers PRO
Flavio Jarabeck
Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
30 USD
Mini Chart Indicators
Mini Chart Indicators
Flavio Jarabeck
The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
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Market Momentum PRO
Market Momentum PRO
Flavio Jarabeck
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
65 USD
Filter:
Mateus Matucuma Teixeira
531
Mateus Matucuma Teixeira 2021.06.30 05:37 
 

Lovely indicator, many thanks!

vince cent
128
vince cent 2021.05.16 17:44 
 

It helps to pass chart time analysis. Thanks

exovette
16
exovette 2021.04.04 18:19 
 

I am really enjoying this indicator! Thanks a bunch :)

oscar56
17
oscar56 2021.04.01 01:22 
 

Good, great job

João Victor
49
João Victor 2021.02.03 13:14 
 

Great work!

Devonish
1762
Devonish 2021.01.20 13:22 
 

I like it. Thanks for sharing.

Tiago Menezes
203
Tiago Menezes 2020.10.03 16:53 
 

User didn't leave any comment to the rating

contraror
64
contraror 2020.08.06 09:26 
 

Very useful, keep up the good work!

Valentin Butorin
3963
Valentin Butorin 2020.07.23 15:06 
 

User didn't leave any comment to the rating

faithdefender
945
faithdefender 2020.06.30 23:42 
 

I had problems with this indicator working correctly. And often times it would not remove off the chart when i tried.

robertmiller83
114
robertmiller83 2020.05.24 23:54 
 

I give up, believing in the free is a bad deal. I will try to pay next time.

fernandomaroto
76
fernandomaroto 2020.05.14 21:28 
 

User didn't leave any comment to the rating

[Deleted] 2019.10.02 08:27 
 

User didn't leave any comment to the rating

Paulo Moraes
273
Paulo Moraes 2019.09.10 02:56 
 

Show de bola! Mais uma excelente ferramenta.

oliveira.leandro1981
74
oliveira.leandro1981 2019.09.08 03:17 
 

Good....

Reply to review
Version 1.3 2021.01.20
:: Fixed bug when using the Low Price for VWAPs...
Version 1.2 2020.06.30
:: Fixed bug when using incorrect volume type in Forex...
Version 1.1 2020.06.06
:: Recompiled (obligatory by Metaquotes as of June,05,2020) to the new MT5 version 2485. Please let me know if anything weird happens...