Select your preferred payment method: Price for lifetime license:127 USD Price for 1 month trial:4.97 USD instead of 12 USD Reduced price for a limited period of time. Take advantage now before price increases!! Max number of activations:5 Code:MVWAP License: Lifetime or Monthly Delivery: immediate via email Category: Indicator Platform: Metatrader 4&5 - Windows 32|64bits app Customer assistance: support@orderflow-trader.com Affiliate: andres 🟠Read our Terms & Conditions before purchase. 🟡Be an affiliate of us and get paid for your videos!! 🔴Visit our online store, more than 60 indicators... | Moving VWAP IndicatorMoving VWAP is an important indicator drawing the Volume Weighted Average Price (VWAP). The VWAP is a reference used by institutional traders and acts as a level of support / resistance. If price is above VWAP then means market is bullish. If price is below VWAP then means market is bearish. It can be used to enter in the market with low risk (near VWAP) and also identify the correct direction of the market. The Moving VWAP is as simple as a Simple Moving Average. The main difference is that usual moving averages are calculated with price alone. The VWAP is calculated with price and volume. Therefore it is more accurate and represents the real mean price in the market. The Moving VWAP can be used with any instrument where you have volume data. The Moving VWAP can be used with any time frame. Inputs of the indicator are:
The indicator can be used with any time frame. The indicator can be used with any class of assets (providing volume data): Forex, Stocks, Futures, Commmodities, Cryptos. Beware that some indices do not produce volume (SP500) and cannot be used with the VWAP. In this case the futures (ES for SP500, for instance) can be used to calculate VWAP using volume. |