VWAP Trend
- Indicators
- Driller Capital Management UG
- Version: 1.0
- Activations: 5
Welcome dear traders,
We are offering a Volume Weighted Average Price (VWAP) indicator for purchase. The indicator is programmed for easy use. Simply drag it onto the chart, and the algorithm takes care of the rest.
Based on the selected time period, the volume-weighted average price lines are automatically calculated. Unlike other VWAP indicators, our indicator also allows calculations for shorter timeframes than D1, W1, or MN1. This makes the indicator ideal for intraday trading.
In addition to the average price, an upper and lower deviation is also calculated. With the correct settings, which we have already preset, swings can be identified.
You can find out exactly how the VWAP is calculated here: https://www.mql5.com/de/blogs/post/760276
If you have any questions or suggestions, feel free to reach out to us at any time! We will try to respond as quickly as possible.
Happy Pips!