JT360 Vwap
- インディケータ
- バージョン: 1.21
Precise VWAP Analysis Directly on Your Chart
JT360 VWAP is a professional chart indicator for MetaTrader 5 that displays Daily, Weekly, and Monthly Volume Weighted Average Price (VWAP) levels. It also includes three pairs of daily standard deviation bands to help traders assess price position and deviation from the daily VWAP.
Key Features
-
Daily VWAP: Displays the volume-weighted average price for the current trading day.
-
Weekly VWAP: Displays the volume-weighted average price for the current calendar week, starting on Monday.
-
Monthly VWAP: Displays the volume-weighted average price for the current calendar month.
-
Three Standard Deviation Bands: Three configurable upper and lower band pairs around the Daily VWAP.
-
Flexible Band Settings: Configure the multipliers, colors, line styles, and line widths for each band.
-
Customizable VWAP Lines: Enable or disable the Daily, Weekly, and Monthly VWAP independently and adjust their visual appearance.
-
Flexible Volume Source: Use tick volume by default or select real volume where available. If real volume is unavailable for a bar, tick volume is used as a fallback.
Indicator Settings
Daily VWAP
-
Show or hide the Daily VWAP.
-
Customize line color, style, and width.
Daily Standard Deviation Bands
-
Independently enable or disable SD1, SD2, and SD3.
-
Default multipliers: 1.0, 2.0, and 3.0.
-
Customize colors, line styles, and widths for each band pair.
Weekly VWAP
-
Show or hide the Weekly VWAP.
-
Customize line color, style, and width.
Monthly VWAP
-
Show or hide the Monthly VWAP.
-
Customize line color, style, and width.
Calculation Settings
-
Choose between tick volume and real volume.
-
Real volume is used when selected and available; otherwise, tick volume is used as a fallback.
Calculation Method
The indicator calculates VWAP using the typical price:
(High + Low + Close) / 3
The VWAP is weighted by the selected volume source. Daily VWAP and its standard deviation bands reset at the start of each calendar day. Weekly VWAP resets at the beginning of the Monday-based calendar week, and Monthly VWAP resets at the beginning of each calendar month.
Suitable For
JT360 VWAP is designed for traders who use VWAP as a price reference and want to compare current price action with daily, weekly, and monthly volume-weighted levels. The standard deviation bands provide additional context for assessing price deviations from the Daily VWAP.
Important: JT360 VWAP is an analytical indicator only. It does not place trades or automate order management. It provides market information and does not guarantee trading results.
JT360 – Clear Price References. Flexible Analysis. Volume-Weighted Perspective.
