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Hello,
I need to add standard deviation lines to my VWAP indicator and I need to re-create a VWAP Oscillator as
described for MT5. I am using MetaTrader5 with AMPFuture Broker so I use real futures data.
1- First indicator is the famous VWAP with standard deviations: 3 upper deviation lines and 3
lower deviation lines. I actually have already a good VWAP indicator in mql5 format i will give you, so you can use this one and just ADD the
standard deviation lines to reach the results alike the image below.
What I need as external parameters is the possibility to choose the deviation (instead 1-2-3 I might use 1.5 –
3.0 – 4.5 deviations or other numbers).
And I need the possibility to choose the colors of the lines and I would like to have a true/false ALERT (sound
& popup) in case the price will move above/below a selected deviation line. For instance I want to be alerted as soon as the price reach
deviation line 2 or 3.
![](https://c.mql5.com/21/128/VWAP_Base.png)
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2- Second Indicator I need to create is the "VWAP Deviation Oscillator". In the image below you can have a look
of what I need to re-create as oscillator.
In this image the red and green levels are +2 and -2 standard deviations away from the VWAP. Light gray lines
are +1 and -1 deviations from the VWAP. The “Zero Line” colored dark gray is representing the VWAP line.
So basically the oscillator is showing the distance above and below the zero line (so above and below the VWAP
line).
As external parameters of this oscillator i need to have the possibility to choose the deviations (instead 1
– 2 - 3 I might use 1.5 – 3.0 – 4.5 deviations or other numbers).
And
I would like to have a true/false ALERT (sound & popup) in case the price will move above/below a selected deviation line. For instance I
want to be alerted as soon as the price reach deviation line 2 or 3.
Con risposta
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