VWAP indicator

MQL5 Indicadores

Termos de Referência

The VWAP (Volume Weighted Average Price) is a standard trading benchmark used by traders that provides the average price a security has traded at throughout the day, based on both volume and price. What you're describing sounds like a VWAP with multiple standard deviation bands.

Here's a high-level overview of how you might implement this in MQL5:

1. **Initialization:**
   - Define parameters for the number of bands and the spacing (in terms of standard deviations) between each band.
   - Define colors for the bands.

2. **Calculation of VWAP:**
   - The VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded for the day.

3. **Calculation of Bands:**
   - The bands can be calculated using standard deviations. The first band above VWAP would be \( VWAP + (\text{standard deviation} * \text{spacing}) \), the second band would be \( VWAP + (2 \times \text{standard deviation} * \text{spacing}) \), and so on.
   - The bands below the VWAP would be calculated similarly, just subtracting the standard deviations.

4. **Display:**
   - Display the VWAP and its bands on the chart.
   - Display the percentage change for each band relative to the VWAP.

5. **Alerts:**
   - Generate alerts when the price touches any of the bands.

6. **Styling:**
   - Color the upper bands red and the lower bands green.

This is a high-level guide. Writing a full-fledged MQL5 indicator would require detailed knowledge of MQL5 programming.

https://www.mql5.com/en/market/product/76639?source=External  similar to this.


Respondido

1
Desenvolvedor 1
Classificação
Projetos
0
0%
Arbitragem
1
0% / 100%
Expirado
0
Livre
2
Desenvolvedor 2
Classificação
(27)
Projetos
27
26%
Arbitragem
2
0% / 50%
Expirado
1
4%
Livre
3
Desenvolvedor 3
Classificação
(42)
Projetos
62
8%
Arbitragem
12
58% / 42%
Expirado
1
2%
Livre
4
Desenvolvedor 4
Classificação
(256)
Projetos
415
38%
Arbitragem
86
44% / 19%
Expirado
70
17%
Ocupado
5
Desenvolvedor 5
Classificação
(36)
Projetos
44
32%
Arbitragem
6
17% / 33%
Expirado
8
18%
Trabalhando
6
Desenvolvedor 6
Classificação
(16)
Projetos
24
17%
Arbitragem
2
0% / 50%
Expirado
1
4%
Livre
7
Desenvolvedor 7
Classificação
(343)
Projetos
362
70%
Arbitragem
4
100% / 0%
Expirado
0
Carregado
8
Desenvolvedor 8
Classificação
(56)
Projetos
65
6%
Arbitragem
25
20% / 36%
Expirado
4
6%
Trabalhando
9
Desenvolvedor 9
Classificação
(563)
Projetos
932
47%
Arbitragem
302
59% / 25%
Expirado
124
13%
Carregado
Pedidos semelhantes
I have the mq5 file, I need a buffer adding to the indicator, so it appears in the data window so I can reference it later in an EA. As the below screenshot shows, there is a median ray line from yesterday (the dashed horizontal line) - I want this value in the data window called Median Ray. I want this to be a single value per day, so todays Median Ray would be 17868, and so on each day. So I want all the Developing
I would like to develop my own indicator on metatrader 4 and tradingview. We would start with a basic version that we would improve later. It is an indicator based on several analyses and which would provide several indications. I am looking for someone who can develop on MT4 and Mt5, initially I would like to do it on mt4 and then on mt5. If you have expertise in pinescript it is a plus because I would like to
I urgently require swift assistance to convert a complex indicator into a fully functional scanner, capable of automatically sending real-time data, alerts, and notifications via email, ensuring seamless integration and prompt delivery of critical information to facilitate informed decision-making and timely action
I need to improve the code of an indicator that is too heavy and slow when running and when used with iCustom in an EA. No other changes to the indicator are requested: the original features of the indicator should remain as theay are. I'll provide the indicator after job acceptance. I request final source code mq5 file. Thank you Regards
I have a mt5 indicator that is working perfectly but I will like to make it an expert advisor to have an automated trade. I will be glad if I can get a well experienced developer to execute this project. Thanks
O TRABALHO CONSISTE NA MUDANÇA DO HISTOGRAMA DO INDICADOR TREDN DIRECTION AND FORCE DSEMA SMOOTHED PARA O HISTOGRAMA DA FOTO ANEXA, OBEDECENDO AS TRES CORES VERDE (UP, VERMELHOR(DOWN) E CINZA(TREND). O MESMO TEM QUE ODECER O MESMO CALCULO E COLORIR DA MESMA FORMA POREM COM HISTOGRAMA DDE FORMATO DIFERENTE
If you are knowledgeable in hedging strategy we can chat. I created my simple EA using Fxdreema , so you only need to modify it for me. There are two parts of the EA , 1. Is the execution strategy 2. Is the money management strategy (hedging). I already created number 1 which is the execution of trades , I only need someone who can implement hedging in every orders the EA create. Additional Parameters needed. Trade
We are interested in a TradingView indicator that reads candlestick pattern shapes and shows the location of entry and exit points on a candlestick chart. What services do you provide related to this
Hello Im looking for professional trading developer who htf ready made trading with best and working strategy with low risk level with average of 30 to 60 percent profit margin, broker is not problem, any broker is welcomed and any trading pairs are welcomed as well
the sl doesnt work i want the tp logic to remain i need the trend direction fucntion tow ork i the trend is up then only buys if down only sells i need the fibo nacci fucntion to work as well and the flat zone function to work as well and i need the code to trade 1% of the balance //+------------------------------------------------------------------+ //| US500_EA.mq4 | //|

Informações sobre o projeto

Orçamento
30+ USD
Desenvolvedor
27 USD