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

1. Check panel: ⬆️ BUY | UPTREND (55% above VWAP)
2. Check confluence: ⬆️ ALL ALIGNED (2/3) → Daily and Weekly above price
3. Check exhaustion: Price still within ATR bands (not stretched)
4. 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.