Professional VWAP

Professional VWAP + Deviation BandsProfessional VWAP is a high-precision Volume Weighted Average Price indicator built for serious traders on MetaTrader 5. It delivers clean, reliable VWAP calculation with flexible session resets and professional deviation bands to highlight value areas, momentum shifts, and high-probability mean-reversion zones.Key Features:
  • Accurate VWAP calculation based on typical price (HLC/3) weighted by volume
  • Three reset options: Daily (intraday standard), Weekly, or Monthly for multi-session analysis
  • Two sets of standard deviation bands:
    • Band 1 (±1σ default – inner value area)
    • Band 2 (±2σ default – outer extremes / breakout levels)
  • Fully customizable band multipliers (e.g., 1.0, 1.5, 2.0, 2.5, 3.0…)
  • Independent show/hide toggles for each band pair – keep your chart clean
  • Clean professional visuals: solid thick white VWAP line + dotted DodgerBlue (inner) and Aqua (outer) bands
  • Smart volume handling: uses real volume when available (futures, stocks, crypto spot with volume), falls back to tick volume for Forex
  • No repainting, stable on all timeframes, optimized performance even on large history
  • Perfect for manual trading, scalping, day trading, swing setups, and EA integration
How Traders Use Professional VWAP:
  • Trend Bias — Price above VWAP = bullish control | Below = bearish control
  • Dynamic S/R — VWAP acts as the session's "fair value" magnet; bands serve as support/resistance
  • Mean Reversion — High-probability bounces from ±1σ or ±2σ bands back toward VWAP
  • Breakout Confirmation — Strong moves closing outside ±2σ often signal continuation
  • Institutional Alignment — Filter entries only when price respects VWAP structure
  • Multi-timeframe context — Weekly/Monthly VWAP reveals higher-timeframe value zones
Why Choose This Over Basic/Free VWAP Versions?
  • Flexible reset periods (not just daily)
  • Dual deviation bands with independent multipliers and visibility
  • Modern, uncluttered design optimized for fast decision-making
  • Robust code – no redraws, handles gaps/sessions cleanly
  • Ready for both discretionary traders and algorithmic strategies
Main Inputs:
  • Reset Period: Daily / Weekly / Monthly
  • Band 1 Multiplier: default 1.0 (adjustable)
  • Band 2 Multiplier: default 2.0 (adjustable)
  • Show Band 1: true/false
  • Show Band 2: true/false

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