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Indicator for MetaTrader 4
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VWAP Bands Indicator
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Age 3+
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level: intermidiate
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English
Author's Instructions
The VWAP Bands Indicator combines Volume Weighted Average Price (VWAP) and price bands in MetaTrader 4.
The VWAP calculates the average price of an asset weighted by its trading volume and indicates the general trend direction over a specified time frame.
One key feature of this MT4 level indicator is the ability to adjust the time frame for creating the bands.
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Indicator for MetaTrader 4
-
VWAP Bands Indicator
-
Age 3+
-
level: intermidiate
-
English
Author's Instructions
The VWAP Bands Indicator combines Volume Weighted Average Price (VWAP) and price bands in MetaTrader 4.
The VWAP calculates the average price of an asset weighted by its trading volume and indicates the general trend direction over a specified time frame.
One key feature of this MT4 level indicator is the ability to adjust the time frame for creating the bands.