The volume weighted average cost (VWAP) is a trading benchmark used by dealers that gives the average price a collateral has traded at throughout the day, based on both volume and price. it’s important because it provides traders with penetration into both the trend and value of a security.

This index VWAP V2 is free and is the manual version of the extended Easy VWAP indicator (30 Euro), at which the time and date properties are automatically entered. With the EasyVWAP it’s likely to view 1 or more VWAP indicators on the map with a single click per VWAP indicator. The difference between VWAP V2 and Easy VWAP is that you have to manually enter the date and time in the properties in VWAP V2 to draw the indicator.