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VWAP Indicator


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
francoisbouvier 2023.03.15 12:03 

love it! Thanks

Otis J
Otis J 2022.10.12 21:53 

awesome !!

Mercury Ignacio
Mercury Ignacio 2022.08.11 20:32 

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

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Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp ). We do not recommend to trade solely on this indicator. Use it as a one more tool in yo
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Vwap tool
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francoisbouvier 2023.03.15 12:03 

love it! Thanks

dapac 2022.11.13 07:34 

Very useful indicator.

Otis J
Otis J 2022.10.12 21:53 

awesome !!

Mercury Ignacio
Mercury Ignacio 2022.08.11 20:32 

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

Wilson Yoshihisa Yamamura
Wilson Yoshihisa Yamamura 2022.05.15 14:56 

Nice indicator. Works well

Kleber Santos
Kleber Santos 2022.02.17 19:07 

Muito Bom

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
Darlan Cesar 2021.10.22 02:13 


rtiwari6018 2021.07.10 07:08 

Thanks to developer.👍

c0nstntn 2021.07.06 17:30 

Works well, thanks!

tatofel 2021.06.21 09:53 

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

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 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 2021.05.26 16:50 

Porcaria n funciona

jose inacio filho
jose inacio filho 2021.04.24 01:21 

Não funcionou na minha plataforma.

Omar Xavier Fanzeres
Omar Xavier Fanzeres 2021.03.30 06:18 

Não está carregando na versão do MT5. Tentei hablitar várias vezes mas não funcionou...

Nonorneto 2021.03.23 07:19 

Works, ths

Odirlei0211 2021.02.13 16:27 

Não funcionou na minha plataforma!

Aleksandr Tamonin
Aleksandr Tamonin 2021.01.24 17:27 

Хорошо работает в комплекте с другими индикаторами, автору спасибо.

lrojas72 2020.12.29 08:30 

It works good, fills the purpose. thank you.

Diogo Patto
Diogo Patto 2020.11.14 14:23 

Incredible VWAP indicator!!! A suggestion: Possibility to edit the label name. During trade I usually use more than one VWAP. In addition to the color, it would be interesting to include/edit the text in the label column. But in any case I would like to congratulate you on this contribution!

Reply from developer LUC JACOBUS A VERHEECKE 2020.11.14 22:09
Hello Diogo Patto,
Thank you very much for the feedback. I upgraded VWAP_V2 and Easy VWAP with your suggestion to include/edit the text in the label column.
The personal label can be viewed when you slide over the indicator
Reply to review
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

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