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A cardinal reworking of the well-known VWAP, which is essentially a completely new unique tool. It is possible to throw 5 types of different VWAPs on the graph:

  • Volume – standard VWAP calculated based on volume
  • No volume – there is no volume in the calculations, which allows you to use the indicator on charts for which the broker does not supply volume data
  • Volatility is a new development, the calculation is based on non-lagging volatility
  • Buyer – VWAP calculation is based on current market buyers
  • Seller – VWAP calculation is based on current market sellers

As practice shows, often corrective price movements do not reach the standard VWAP, or break through it, returning further back. MultiVWAP was created to solve this problem. Its use significantly increases the probability of “catching” the correction. VWAP Buyer is used for ascending for ascending movements, VWAP Seller is the opposite. Now it is possible to observe in real life the development of market forces and their breakeven points.

Attention! The Bar’s Quantity parameter is important for displaying the Volatile/Seller/Buyer options. They will be displayed on the number of candlesticks specified in this parameter, calculated from the right end of the chart to the left. If the start is selected to the left of this value, then these curves will be displayed as a straight line. Curve’s ID parameter is the individual ID of the indicator. If two indicators with the same identifier are added to the chart, they will come from the same starting point.

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