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VWAP Scanner

VWAP Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find trading Opportunities based on Vwap Indicator

How to USE VWAP Scanner

First make a text file with name of Symbols Under Terminal\MQL4\Files
Write the name of symbols as its on mt4 with (,) to separate
Example :
EURUSD,USDJPY,USDCAD,GBPUSD,MCRO,MGLD,NIFTY

Note- Its works in all Market 

And save this text file

Inputs of scanner 

 NameOfSymbolsTextFile = "Symbols"; (Name of the Text file in which symbols name are written)

 ScanEveryXSeconds = 3; (Scan will happen after given seconds)

 Indicators_CheckClosedCandle = true; (Scan Will check after candle close if its true)


 VWAP_Properties = "================ VWAP Indicator Properties ================";

 VWAP_IndicatorName = "VWAP"; ( Name of VWAP Indicator should be VWAP in Indicator Folder )

  VWAP_Show_Daily=true ( Its mean it will scan Vwap Indicator on Daily )

 VWAP_Show_Weekly=false;  ( Its mean it will scan Vwap Indicator on Weekly )

 VWAP_Show_Monthly=false;  ( Its mean it will scan Vwap Indicator on Monthly )


For Scanner to Enable on given timeframe 

 Timeframes_Properties = "================ Timeframes Properties ================";

Enable_M1 = false;

Enable_M5 = false;

 Enable_M15 = true;

 Enable_M30 = false;

 Enable_H1 = true;

Enable_H4 = true;

 Enable_D1 = true;

Enable_W1 = true;

 Enable_MN1 = false;

Scanner Having all option like to disable and enable in each time frame 

  • Run the dashboard on one chart and see the candlestick patterns for all selected symbols and timeframes.

Different Alert Types:

You can enable the following alerts at the same time in the scanner settings.

  • Show Pop Up Alert: Show alert window when scanner alert triggers.
  • Send Push Notification: Send push notification to mobile phone when scanner alert triggers. (You should set metatrader Notifications options)
  • Send Email: Send email when scanner alert triggers. (You should set metatrader Email options)
Notes:
  • Dashboard works smoothly for 40 symbols and all 9 timeframes on an average PC, you can add more symbols when you reduce the number of timeframes.
  • If there are many symbols in the market watch, in the first run of the scanner on the chart it may take some time to load the history data for all timeframes of all symbols.
  • Dashboard updates every 3-Sec candle open time, run it on more volatile symbols like EURUSD and BTCUSD to receive new price ticks faster

How to Use the VWAP Indicator Scanner:

  1. Trend Identification: Traders use the VWAP to determine the prevailing trend. If the price is consistently above the VWAP, it indicates a bullish trend, and if it is below, it indicates a bearish trend.

  2. Entry and Exit Points: VWAP crossovers can signal potential entry or exit points. A security crossing above the VWAP may be considered a buying opportunity, while a cross below could suggest a selling opportunity.

  3. Intraday Reversion Strategies: Some traders use the VWAP as a reference point to identify price extremes during the day. They may look for price deviations from the VWAP and anticipate a reversion to the average.

  4. Market Participation Assessment: The VWAP, in combination with volume analysis, can help traders gauge the level of market participation in a move. Higher volume along with the price above or below the VWAP may indicate a strong trend.


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REMINDER: Early buyers hot price discount: Price subject to rise after first 20 copies. Starting price $65 and final price will be $1275. Secure your discounted copy Now! Smart Money Analyser Indicator User Manual 1. Introduction Welcome to the   Smart Money Analyser Indicator This powerful tool provides traders with comprehensive market analysis by combining various technical indicators to generate actionable trading signals. Designed to be user-friendly, this indicator helps traders of a
The Binary Profit Maker,  This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle . A Up Purple arrow means Buy and a Down Purple arrow means Sell. All arrows comes with Alert  like for easy identification of trade signal. Are you okay with that? How To Enter Trade? 1 minute candle 1 minute expire
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Este indicador detecta reversiones de precios en forma de zig-zag, utilizando solo análisis de acción de precios y un canal donchian. Ha sido diseñado específicamente para el comercio a corto plazo, sin repintar ni pintar en absoluto. Es una herramienta fantástica para comerciantes astutos con el objetivo de aumentar el tiempo de sus operaciones. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Increíblemente fácil de comerciar Proporciona
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Quantum Breakout Indicator PRO
Bogdan Ion Puscasu
4.96 (25)
Introduciendo       Quantum Breakout PRO   , el innovador indicador MQL5 que está transformando la forma en que comercia con Breakout Zones. Desarrollado por un equipo de operadores experimentados con experiencia comercial de más de 13 años,   Quantum Breakout PRO   está diseñado para impulsar su viaje comercial a nuevas alturas con su innovadora y dinámica estrategia de zona de ruptura. El indicador de ruptura cuántica le dará flechas de señal en las zonas de ruptura con 5 zonas objetivo de
Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
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* Compatible with MCX, NSE, Futures, Forex. * No need to monitor individual script. * Sound Alert and Popup on new signal. * Change Number of previous candles to signal to be generated. * Single Click To See Live Chart From Defined Templates  * Custom List of Script Can be Made *Parameters of Each Indicator can be changed for Scanning * Scan based on multiple indicators like:        - Moving Average Crossover (All Types of MA)        - RSI          - Parabolic SAR        - Stochastic        - M
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