New VWAP Indicator
The New VWAP indicator shows the average price of a currency pair based on weighted volume. The VWAP stands for the volume-weighted average price.
The indicator consists of three lines, each representing daily, weekly, and monthly periods. These lines detect the overall market volume and separate it based on its weight.
The New VWAP indicator looks similar to Moving Averages or Bollinger Bands. The difference between the VWAP and Moving Averages is VWAP focuses more on the weighted volume.
Download here
The New VWAP indicator shows the average price of a currency pair based on weighted volume. The VWAP stands for the volume-weighted average price.
The indicator consists of three lines, each representing daily, weekly, and monthly periods. These lines detect the overall market volume and separate it based on its weight.
The New VWAP indicator looks similar to Moving Averages or Bollinger Bands. The difference between the VWAP and Moving Averages is VWAP focuses more on the weighted volume.
Download here