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MIDAS Super VWAP

4.44

Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and determines, for some, a good price at which to buy or sell.

The MIDAS (Market Interpretation/Data Analysis System) addition is a work initiated by Paul Levine that derived to the very well known book "MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets". Several approaches derived from this work and this indicator, MIDAS Super VWAP is one version that reunites the best of this kind of data into one single entity in Metatrader 5.

If you do not know about how to use VWAP/MVWAP/MIDAS and its importance I really recommend you to study not only the aforementioned book but the several and freely available videos on the web about the subject. I assure you they are a world apart...

Enough of talking...


SETTINGS

  • Show VWAP line o chart?
  • Show MVWAP line on chart?
  • What kind of period do you want for the MVWAP calculation?
  • MIDAS buttons:
    • Buttons X offset distance on the chart
    • Buttons Y offset distance on the chart
    • Buttons TOP colors
    • Buttons BOTTOM colors
    • Buttons text color
  • Calculation Mode:
    • Open, High, Close, Low, Median (H+L)/2, Typical (H+L+C)/3, Weighted (O+H+L+C)/4
    • Volume Type: Real Volume or Ticks.


NOTE:
Due to the way all MIDAS lines are calculated, they will ONLY be drawn with the Market OPEN.


Looking for more FREE VWAP-related indicators, here you go:

VWAP Cloud

VWAP and MVWAP

Stackable VWAP


If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)


Avis 20
Mateus Matucuma Teixeira
685
Mateus Matucuma Teixeira 2021.06.30 05:37 
 

Lovely indicator, many thanks!

exovette
21
exovette 2021.04.04 18:19 
 

I am really enjoying this indicator! Thanks a bunch :)

Devonish
3048
Devonish 2021.01.20 13:22 
 

I like it. Thanks for sharing.

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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
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Italo Santana Gomes
4.9 (10)
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Quantum Trend Sniper
Bogdan Ion Puscasu
4.71 (49)
Présentation       Quantum Trend Sniper Indicator   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous identifiez et négociez les inversions de tendance ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Indicateur Quantum Trend Sniper       est conçu pour propulser votre parcours de trading vers de nouveaux sommets grâce à sa manière innovante d'identifier les inversions de tendance avec une précision extrêmement élevée
Maintenant 147 $ (augmentant à 499 $ après quelques mises à jour) - Comptes illimités (PCS ou Mac) Manuel d'utilisation RelicusRoad + Vidéos de formation + Accès au groupe Discord privé + Statut VIP UNE NOUVELLE FAÇON DE REGARDER LE MARCHÉ RelicusRoad est l'indicateur de trading le plus puissant au monde pour le forex, les contrats à terme, les crypto-monnaies, les actions et les indices, offrant aux traders toutes les informations et tous les outils dont ils ont besoin pour rester renta
This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears a
Golden Spike Premium
Kwaku Bondzie Ghartey
Golden Spikes Detector Notice: Limited-Time 50% Discount on All Products   Due to high interest, only a few (about 8) discounted spots remain for   Golden Spikes Premium .  For those interested, all my trading tools, including Golden Spikes Premium, are currently available at a 50% discount until October 30, 2024 . Feel free to take advantage while it lasts. Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced
Présentation       Quantum Breakout PRO   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous négociez les zones d'évasion ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Évasion quantique PRO       est conçu pour propulser votre parcours commercial vers de nouveaux sommets grâce à sa stratégie de zone de discussion innovante et dynamique. Quantum Breakout Indicator vous donnera des flèches de signalisation sur le
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4.8 (5)
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The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
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Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
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The concept is simple: Plotting Price behavior within several periods of time. Some Symbols behave very well during the trading day - with this I mean Intraday trading - and this behavior ends up plotting effectively well with the proposed Exponential Moving Averages in this indicator... Obviously that this behavior could not be seen in all Symbols, but you can give it a try... Just drop this indicator in a chart and you will see for yourself... This indicator is intended for "Feeling the Trend
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For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex
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ATR Monitor EA Friendly
Flavio Javier Jarabeck
ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
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Flavio Javier Jarabeck
5 (1)
Minions Labs' Candlestick Pattern Teller It shows on your chart the names of the famous Candlesticks Patterns formations as soon as they are created and confirmed. No repainting. That way beginners and also professional traders who have difficulties in visually identifying candlestick patterns will have their analysis in a much easier format. Did you know that in general there are 3 types of individuals: Visual, Auditory, and Kinesthetic? Don't be ashamed if you cannot easily recognize Candlest
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MesusTrader
56
MesusTrader 2024.04.12 22:43 
 

Excelente indicador, funciona de forma adequada e é de grande utilidade para visualização de pontos de possíveis suportes e resistências com base em volumes médios. Concordo com o comentário do "armindovazfilho", quando diz:(Poderia ter a opção de plotar topo ou fundo, fora a média, mas de forma individual.). Esse ajuste configurável para cada uma das direções (grupos de linhas de VWAP de alta e de baixa selecionáveis nos quadros), deixaria a visualização muito mais elegante no gráfico. Mas, não deixa de ser um ótimo indicador e de grande utilidade. Parabéns ao desenvolvedor e obrigado por disponibilizar.

Aziz Ahmad
130
Aziz Ahmad 2023.05.02 14:33 
 

L'utilisateur n'a laissé aucun commentaire sur la note

armindovazfilho
14
armindovazfilho 2022.09.07 14:58 
 

Poderia ter a opção de plotar topo ou fundo, fora a média, mas de forma individual.

martim souza
36
martim souza 2022.05.14 21:08 
 

Ainda não testei mais parece ser bom

marlosfer
39
marlosfer 2022.04.21 03:19 
 

Não funcionou pra mim

Mateus Matucuma Teixeira
685
Mateus Matucuma Teixeira 2021.06.30 05:37 
 

Lovely indicator, many thanks!

vince cent
168
vince cent 2021.05.16 17:44 
 

It helps to pass chart time analysis. Thanks

exovette
21
exovette 2021.04.04 18:19 
 

I am really enjoying this indicator! Thanks a bunch :)

oscar56
37
oscar56 2021.04.01 01:22 
 

Good, great job

João Victor
49
João Victor 2021.02.03 13:14 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Devonish
3048
Devonish 2021.01.20 13:22 
 

I like it. Thanks for sharing.

Tiago Menezes
208
Tiago Menezes 2020.10.03 16:53 
 

L'utilisateur n'a laissé aucun commentaire sur la note

contraror
77
contraror 2020.08.06 09:26 
 

Very useful, keep up the good work!

Valentin Butorin
4123
Valentin Butorin 2020.07.23 15:06 
 

L'utilisateur n'a laissé aucun commentaire sur la note

faithdefender
1736
faithdefender 2020.06.30 23:42 
 

I had problems with this indicator working correctly. And often times it would not remove off the chart when i tried.

robertmiller83
114
robertmiller83 2020.05.24 23:54 
 

L'utilisateur n'a laissé aucun commentaire sur la note

fernandomaroto
76
fernandomaroto 2020.05.14 21:28 
 

L'utilisateur n'a laissé aucun commentaire sur la note

[Supprimé] 2019.10.02 08:27 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Paulo Moraes
261
Paulo Moraes 2019.09.10 02:56 
 

L'utilisateur n'a laissé aucun commentaire sur la note

oliveira.leandro1981
74
oliveira.leandro1981 2019.09.08 03:17 
 

Good....

Répondre à l'avis
Version 1.3 2021.01.20
:: Fixed bug when using the Low Price for VWAPs...
Version 1.2 2020.06.30
:: Fixed bug when using incorrect volume type in Forex...
Version 1.1 2020.06.06
:: Recompiled (obligatory by Metaquotes as of June,05,2020) to the new MT5 version 2485. Please let me know if anything weird happens...