Description
VWAP Plus brings a clean, accurate Volume-Weighted Average Price to cTrader with smart session resets (Daily / Weekly / Monthly) and optional anchored mode. Up to three volume‑weighted deviation bands help you read mean reversion and momentum at a glance.
Editions: Free (core VWAP + bands) · Pro (multi‑VWAP, click‑to‑anchor, alerts).
EN – Full description
Why traders like it
VWAP is the market’s gravity. VWAP Plus adds precision and flexibility for intraday and swing traders: choose when a session starts, reset by day/week/month, or anchor from a specific date. Deviation bands use volume‑weighted variance, not a simple price stdev, to better reflect true participation.
What you get (Free)
- VWAP with Daily / Weekly / Monthly resets or Anchored from date/time
- Session start hour (e.g., 09:00 for EU cash open)
- Up to 3 deviation bands (configurable multipliers)
- Select price source (Typical HLC3, Close, OHLC4)
- Lightweight and responsive on any timeframe (uses tick volume)
What’s in Pro
- Multi‑VWAP: plot Daily + Weekly + Monthly (and/or an Anchored) at the same time
- Click‑to‑Anchor: start an anchored VWAP from any bar with one click
- Alerts: notify on VWAP cross / band touch / re‑entry
- Styling: individual colors, fills, and thickness per line; dark‑mode presets
- Stats panel: live z‑score, distance to VWAP, current band, session range
Good for
Scalpers, intraday mean‑reversion and breakout traders, swing entries around session VWAP, and risk framing with dynamic bands.
Notes
Past performance and backtests are not indicative of future results. This is an indicator, not investment advice.
Summary
The free edition provides core VWAP functionality with session start hour customization and deviation bands. The Pro edition extends capabilities with multi-VWAP plotting (daily, weekly, monthly, and anchored simultaneously), click-to-anchor functionality, customizable alerts for VWAP crosses and band touches, advanced styling options, and a live statistics panel showing z-score, distance to VWAP, current band, and session range.
vWAP Free supports various markets including Forex, indices, commodities, stocks, and cryptocurrencies, and is suited for scalpers, intraday mean-reversion and breakout traders, and swing traders using session VWAP for entry and risk management.