VWAP Personnal Custom

VWAP_PC_MQL5 — a simple home-built VWAP indicator showing real-time volume-weighted price levels directly on your MT5 chart.

TF:
Works on all timeframes.

Pair:
Compatible with all symbols — Forex, indices, commodities, and stocks.

Settings:

• Applied Price – price type used for VWAP calculation (Close, Typical, Weighted, etc.)

• Line Color / Width / Style – customize VWAP line appearance

• Session Reset – optional reset per day or continuous mode

How it works (VWAP principle):
VWAP (Volume Weighted Average Price) represents the average traded price weighted by volume.
It is calculated as:

VWAP = (Sum of Price × Volume) / (Sum of Volume)

This means that each price level is weighted by the traded volume — providing a dynamic equilibrium line between buyers and sellers.
When the price is above the VWAP, it shows bullish control (buyers dominating);
when below, it shows bearish control (sellers dominating).

Brief conclusion:
VWAP_PC_MQL5 is a lightweight, no-frills indicator that calculates and displays VWAP in real time. Designed for simplicity, learning, and reliability — exactly what it says, nothing more, nothing less.