VWAP Daily Weekly Monthly Quarterly and Yearly

VWAP – Volume-Weighted Average Price

The VWAP (Volume-Weighted Average Price) is a widely used indicator by traders and investors to identify the average trading price of an asset over a specific period, taking into account both price and traded volume.

Unlike simple averages, VWAP assigns greater weight to prices where higher volume occurred, providing a more accurate view of the asset’s fair value throughout the session.

🔍 Interpretation:

• Price above VWAP → possible buying pressure
• Price below VWAP → possible selling pressure

Because it incorporates volume, VWAP is especially useful for day trading, scalping, and institutional flow analysis.

📐 VWAPs Available in This Indicator:

This indicator allows the visualization of the following VWAPs:

1. VWAP Daily
2. VWAP Weekly
3. VWAP Monthly
4. VWAP Quarterly
5. VWAP Yearly

Each VWAP can be enabled or disabled individually through the input parameters.

⚙️ Inputs (Parameters):

🔹 Price Type:

Defines which price will be used to calculate the VWAPs.
The default option is the Typical Price (HLC/3).

Available options:

1. Close – Closing Price
2. Open – Opening Price
3. High – High Price
4. Low – Low Price
5. HL / 2 – Median Price (Arithmetic mean of High and Low)
6. HLC / 3 – Typical Price (Arithmetic mean of High, Low, and Close)
7. OHLC / 4 – Mean Price (Arithmetic mean of Open, High, Low, and Close)

📌 Note:
The Typical Price (HLC/3) is the standard price used for VWAP calculations in Profit and BlackArrow (Nelogica) platforms.

🔹 Volume Type:

Defines which volume will be used to calculate the VWAPs.

Available options:

1. Tick Volume – Tick-based volume (default)
2. Real Volume – Actual traded volume

👁️ VWAP Display Options:

Each VWAP can be individually enabled or disabled:

• VWAP Daily – true / false
• VWAP Weekly – true / false
• VWAP Monthly – true / false
• VWAP Quarterly – true / false
• VWAP Yearly – true / false

🔄 Available Versions:

• VWAP Indicator – MT5

📞 Support and Assistance:

If you have any questions or need further guidance, please feel free to contact us.
We are ready to assist you.