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VWAP Indicator

4.26
Volume Weighted Average Price (VWAP)

The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security.

This indicator VWAP V2 is free and is the manual version of the extended Easy VWAP indicator (30 Euro), where the date and time properties are automatically entered. With the EasyVWAP it is possible to see 1 or more VWAP indicators on the map with a single click per VWAP indicator. The difference between VWAP V2 and Easy VWAP is that you have to manually enter the date and time in the properties in VWAP V2 to draw the indicator.


Reviews 20
10049195
24
10049195 2024.07.18 18:12 
 

Sprytny dodatek decyzyjny. Polecam - pomocny wskaźnik.

Jinah
24
Jinah 2024.05.14 04:04 
 

This is the best VWAP that I've ever used and still using it until now, Thank you! Do you have MT4 version of this VWAP?

Marek Borys
152
Marek Borys 2024.04.09 15:48 
 

ok

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Vwap tool
LUC JACOBUS A VERHEECKE
1 (1)
With a single mouse click you can add the indicator Vwap V2 (free download available) to the graph. The indicator Vwap V2 has been extended with a cyclic Vwap indicator. With the cyclic Vwap indicator it is possible to reset the Vwap after a predetermined number of bars. e.g. the CAC 40 index, after 14 (closing - opening: 23-9 = 14) measures, a new day starts and the Vwap is automatically reset with a new time. Or in a graph of 5 minutes, 60/5 = 12, the Vwap will reset the time parameter every h
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10049195
24
10049195 2024.07.18 18:12 
 

Sprytny dodatek decyzyjny. Polecam - pomocny wskaźnik.

Jinah
24
Jinah 2024.05.14 04:04 
 

This is the best VWAP that I've ever used and still using it until now, Thank you! Do you have MT4 version of this VWAP?

Marek Borys
152
Marek Borys 2024.04.09 15:48 
 

ok

Mene
1146
Mene 2024.03.29 14:36 
 

There is nothing Easy nor functional about this EA. Not only the convoluted aspect of using an EA to generate an indicator is very limitative, the generated indicator does not produce a proper VWAP. The calculations are wrong and the VWAP line has a tremendous fluctuation in values between different Time Frames. The results of this VWAP have been compared with most notable VWAP indicator presented on TradingView and Bookmap. On other platforms they all match, except this VWAP, which is completely uncorrelated. Secondly the value of the VWAP shouldn't change much between time frames, when instead a 5M Timeframe present a completely different line than when on 15M. Do yourself a favor and get a free VWAP Indicator like "Full VWAP" by Borela Tech.

LUC JACOBUS A VERHEECKE
17316
Reply from developer LUC JACOBUS A VERHEECKE 2024.03.29 19:05
The FULL VWAP you propose can only be used for time frames higher or equal to intraday. It cannot used for minute(s) and hour(s) time frames. If the VWAP on a 1 hour timeframe would have the same value on the 1 minute timeframe you wouldn't be able to see the VWAP on the one minute timeframe, the VWAP would be worthless. Thats why the VWAP would better have different values for each timeframe.
Richard Barile
28
Richard Barile 2024.03.17 15:44 
 

Found the one good VWAP indicator that i need, as you can stacked up 2 or more VWAP with each specified date that you want.

Elias1515
14
Elias1515 2023.11.24 04:28 
 

PERFEITO!

Tom Birk
53
Tom Birk 2023.09.27 12:59 
 

Works Great! The free version is a little clumsy. One must enter the date and time to edit.

francoisbouvier
73
francoisbouvier 2023.03.15 12:03 
 

love it! Thanks

dapac
347
dapac 2022.11.13 07:34 
 

Very useful indicator.

Otis J
90
Otis J 2022.10.12 21:53 
 

awesome !!

Mercury Ignacio
28
Mercury Ignacio 2022.08.11 20:32 
 

it works perfect! Nice indicator. thank you for sharing - 5 Stars!

Wilson Yoshihisa Yamamura
20
Wilson Yoshihisa Yamamura 2022.05.15 14:56 
 

Nice indicator. Works well

Kleber Santos
38
Kleber Santos 2022.02.17 19:07 
 

Muito Bom

dannyvermeylen
94
dannyvermeylen 2021.12.21 11:36 
 

Amazing indicator ! If i could only have 1 indicator on my charts, this would be the one. Thankx best indicator ever !

Darlan Cesar
18
Darlan Cesar 2021.10.22 02:13 
 

NICE THX

rtiwari6018
545
rtiwari6018 2021.07.10 07:08 
 

Thanks to developer.👍

c0nstntn
14
c0nstntn 2021.07.06 17:30 
 

Works well, thanks!

tatofel
24
tatofel 2021.06.21 09:53 
 

It's o working despite installed and reinstalled a few times.

LUC JACOBUS A VERHEECKE
17316
Reply from developer LUC JACOBUS A VERHEECKE 2022.04.20 16:09
Sorry to hear that,
please can you say what is filled in as date in the general properties. If the date and hour and minutes are not accurate VWAP won't probably be visible.
254411
332
254411 2021.06.21 08:38 
 

The indicator looks and works great. It however would be better if the source code were made available for one to make it into an EA since there is no EA with this particular kind of VWAP.

CRISJANO2008
24
CRISJANO2008 2021.05.26 16:50 
 

Porcaria n funciona

12
Reply to review
Version 5.1 2024.03.19
Date par défaut afustée au 15/03/2024 15:00:00
Version 4.1 2023.06.25
update the default start date to 2023-06-24.
Version 3.1 2020.11.14
The upgrade is due to a suggestion from a user to assign a personal label to the VWAP_V2. This extension has been performed in this update.
Version 2.1 2020.06.12
Find a solution for the out of time error.
Version 2.0 2020.05.04
1. The calculation based on 7 different manners
-auto
-high
-low
-open
-close
-(high+low)/2
-(high+low+close)/3
-(high+low+close+open)/4

2. The ability to erase all VWAP indicator automatically after changing time frame