New VWAP Indicator MT4

Updated on:

New VWAP Indicator MT4 in MetaTrader 4

The New VWAP Indicator MT4 trend indicator for MetaTrader 4, is designed to identify support and resistance levels. The VWAP stands for the volume-weighted average price. It calculates the average price at the weighted volume and draws lines representing daily, weekly, and monthly periods on the main chart.



17.6 KB

This Indicator is a practical tool for every trader. An indicator is most accurate on hourly chart trade and may be used to trade various currency pairs with any forex trading system or strategy to confirm price conditions.

Indicator Settings

How to Install New VWAP Indicator MT4

Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:

Free MT4 indicator download

The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.

Click on a star to rate it!