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VWAP Stdev Bands

1

This indicator plots VWAP with 4 Standard Deviation bands. 

In finance, volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price at which a stock is traded over the trading horizon.

VWAP is often used as a trading benchmark by investors who aim to be as passive as possible in their execution. Many pension funds, and some mutual funds, fall into this category. The aim of using a VWAP trading target is to ensure that the trader executing the order does so in-line with volume on the market. It is sometimes argued that such execution reduces transaction costs by minimizing market impact costs (the additional cost due to the market impact, i.e. the adverse effect of a trader’s activities on the price of a security).

VWAP is often used in algorithmic trading. Trading algorithms that use VWAP as a target belong to a class of algorithms known as volume participation algorithms.


Parameters:

  • VWAP Type:
    • Daily
    • Weekly
    • Monthly

  • Applied Price:
    • Open
    • Close
    • High
    • Low
    • Open Close
    • High Low
    • Close High Low
    • Open Close High Low

  • Show Stdev Bands

  • Standard Deviation 1

  • Standard Deviation 2

  • Standard Deviation 3

  • Standard Deviation 4

  • Calculate Every Tick


ATTENTION! For use in Expert Advisors:

Buffers Index:

  • VWAP = 0
  • Upper Band 4 = 2
  • Upper Band 3 = 4
  • Upper Band 2 = 6
  • Upper Band 1 = 8
  • Lower Band 1 = 10
  • Lower Band 2 = 12
  • Lower Band 3 = 14
  • Lower Band 4 = 16



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Identifiez les ranges et les tendances fortes  |  Obtenez les premiers signaux   |    Obtenez des TP et des sorties   clairs   |    Repérer les niveaux Fibo que le prix va tester   |  Indicateur qui ne retrace pas, non retardé - idéal pour le trading manuel et automatisé - adapté à tous les actifs et à toutes les unités de temps - 50% discount   pour le lancement - puis retour à >>   149 $ Après votre achat,   contactez-moi sur ce canal  pour obtenir les réglages recommandés. Version MT4 :   cli
MetaBands M5
Vahidreza Heidar Gholami
4.67 (3)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
IX Power MT5
Daniel Stein
5 (2)
IX Power   apporte enfin la précision imbattable de FX Power aux symboles non-Forex. Il détermine avec précision l'intensité des tendances à court, moyen et long terme de vos indices, actions, matières premières, ETF et même crypto-monnaies préférés. Vous pouvez   analyser tout ce que   votre terminal a à offrir. Essayez-le et découvrez comment   votre timing s'améliore considérablement   lors de vos transactions. Caractéristiques principales d'IX Power Résultats de calcul précis à 100 %,
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Luke Perrett
3346
Luke Perrett 2020.12.31 14:22 
 

Doesn't show deviation of bands as it describes. Dont buy

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Version 2.30 2020.03.10
Added 4th band
Version 2.2 2020.03.01
Bugfix when used in backtests
Version 2.1 2020.03.01
Change the default Calculate Every Tick to false
Version 2.0 2020.03.01
Included in the parameters VWAP Type, Show StDev Bands and Calculate Every Tick.