VWAP Personnal Custom
- Indicatori
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Vincent Jose Proenca
Faccio il trader da oltre dieci anni, specializzato principalmente nei CFD. Ciò che amo del trading è la logica, la disciplina e la creazione di strumenti che semplificano il processo decisionale. Non trovando indicatori adatti al mio approccio, ho iniziato a programmarli io stesso — prima per - Versione: 1.4
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:
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Applied Price – price type used for VWAP calculation (Close, Typical, Weighted, etc.)
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Line Color / Width / Style – customize VWAP line appearance
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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.
