VWAP Breakout Entry
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Ravi Shakya
I’m Ravi Shakya, an MT5 developer with 5 years of trading experience in NEPSE and Forex. I use Smart Money Concepts (SMC) and price action to create simple and useful trading indicators, tools, and Expert Advisors. - バージョン: 1.89
- アクティベーション: 10
VWAP Breakout Entry draws an anchored VWAP from market structure pivots and marks trade entries when price retests it after a breakout. Every signal comes with a stop loss and three take-profit levels, and the chart shows the full trade the way a charting platform would.
Symbol : GBPUSD
Timeframe : M30 / 30 Minutes
Default settings are optimized for GBPUSD on M30
How it works
The indicator detects swing highs and lows and anchors a VWAP to the latest structure leg. When price breaks structure and then retests the VWAP, a triangle marker is placed on the chart together with the entry, stop loss and three take-profit levels. Each setup gets a strength score from 0 to 100, shown as stars.
Features
- Anchored VWAP that follows the current leg, with a choice of swing, structure break or fast anchor modes
- Retest entries with adjustable tolerance, bars-away check and rejection filter
- Stop loss modes: ATR, wick or second band
- Three take-profit levels, break-even and optional trailing stop
- Entry strength score with a minimum-strength filter
- Trading session filter, using broker server time
- Optional higher timeframe trend filter
- Limit on the number of retests per leg
- Trade drawing with colored zones and price boxes for the open trade and for past trades, marked as TP or SL
- Statistics dashboard on the chart with win rate, net R, profit factor, streaks and weekday breakdown
- Alerts for new entries, take profit, break-even and stop loss, as popup and push notification
Dashboard
The table shows the current direction, the open trade as a price ladder, and the results of past signals counted as take profit or stop loss. A trade counts as take profit once TP1 is touched.
Recommended use
- Works on any symbol and timeframe
- Default settings are tuned for GBPUSD on M30 during the London session
- Test the settings on your own symbol and timeframe before using them
- Past results are shown for information only and do not predict future results
Notes
- Push notifications need a MetaQuotes ID in the terminal settings.
- Trading involves risk. This indicator does not guarantee profit.
- For support, leave a comment on the product page or send a message on mql5.com.
