VMM VWAP ELITE
📌 Overview
Transform your technical analysis with the first indicator that combines 3 simultaneous VWAPs (Daily, Weekly, and Monthly) with exhaustion bands based on adaptive ATR. Ideal for traders seeking timeframe confluence and objective entry signals.
🎯 What It Does
FeatureBenefit
3 VWAPs in 1 chart
See price position relative to Daily, Weekly, and Monthly - all at once
Exhaustion Bands
Identify when price is stretched and ready to reverse
Directional Signals
Clear BUY / SELL / WAIT with trend strength indicator (0-100%)
Automatic Confluence
Know how many VWAPs are aligned in the same direction
Smart Panel
All info in one place: VWAP levels, active indicator, trend strength, confluence, and recommended action
⚙️ Main Settings
VWAP Configuration
SettingDescription
Daily VWAP
Which timeframes display Daily VWAP (e.g., "ALL", "H1,H4", "M15,M30")
Weekly VWAP
Which timeframes display Weekly VWAP (e.g., "ALL", "H1,H4", "D1")
Monthly VWAP
Which timeframes display Monthly VWAP (e.g., "ALL", "M1", "D1")
Daily Reset
VWAP rollover time (default: 21:00 UTC for Forex)
Freeze Current Bar
Freezes VWAP value on current candle. True = more stable
⚠️ Note: When a VWAP period is not selected, it will not be plotted on the chart and will appear in the panel as
[hidden]. It will not be included in signal calculations.
Price & ATR
SettingDescription
Price Type
Typical (default), Close, Median, Weighted, Open
ATR Period
1-50 (default: 14). Lower = more sensitive
Exhaustion Multiplier
0-10 (0 = automatic, 2.0 = manual)
Panel Display
SettingDescription
Panel Position
7 positions (Top Right default)
Font Size
9-14 (default: 11)
Panel Opacity
0-255 (default: 220)
Enable Panel
Show/hide the information panel
Signal Settings
SettingDescription
Signal Style
None (removes signal elements), Simple (action only), Detailed (full description)
Enable Sound
Audible alerts for strong signals
Trend Strength Period
0 = automatic (based on timeframe), or manual (e.g., 20)
📊 How to Interpret Signals
Panel Action Signals
Panel DisplayMeaning
⬆️⬆️ STRONG BUY
Uptrend >70% above VWAP
⬆️ BUY
Uptrend 31-70% above VWAP
➡️ WAIT
Weak trend 11-30% above/below VWAP
⬇️ SELL
Downtrend 31-70% below VWAP
⬇️⬇️ STRONG SELL
Downtrend >70% below VWAP
⚪ NEUTRAL
No clear direction
Strength Bar (Visual)
text
[▓▓▓▓▓▓▓▓▓▓░░░░░░░░░░] 45% ABOVE VWAP
[░░░░░░░░░░▓▓▓▓▓▓▓▓▓▓] 60% BELOW VWAP
Confluence (Multiple VWAPs)
DisplayMeaning
⬆️⬆️⬆️ STRONG BUY (D+W+M)
All 3 VWAPs below price
⬇️⬇️⬇️ STRONG SELL (D+W+M)
All 3 VWAPs above price
⬆️ ALL ALIGNED (2/3)
2 VWAPs aligned in same direction
➖ MIXED SIGNALS
Divergence between VWAPs
🆚 Why Choose This Indicator?
Other IndicatorsVMM VWAP ELITE
Show only 1 VWAP
3 VWAPs simultaneously (D/W/M)
Static or standard deviation bands
ATR adaptive per timeframe
Subjective interpretation
Clear BUY/SELL/WAIT signals
Cluttered UI with empty spaces
Clean panel with no dead spaces
Signal elements forced on screen
SignalStyle = None removes them completely
🚀 Practical Example
Scenario: EURUSD on H1 timeframe
- Check panel:
⬆️ BUY | UPTREND (55% above VWAP) - Check confluence:
⬆️ ALL ALIGNED (2/3)→ Daily and Weekly above price - Check exhaustion: Price still within ATR bands (not stretched)
- Action: Look for long setups in trend direction
📋 Technical Specifications
SpecDetail
Platform
cTrader (Desktop)
Supported Timeframes
ALL (M1, M2, M5, M10, M15, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, MN1)
Compatible Assets
Forex, Indices, Commodities, Stocks, Cryptocurrencies
Trial Period
7 days
⚠️ Legal Notice
The signals generated are suggestions based on mathematical algorithms, NOT investment recommendations. Trading involves significant risk of loss. Each trader is responsible for their own decisions. Always use proper risk management and test on demo accounts before trading with real money.
