VWAP Close Indicator for MT5

The VWAP Close Indicator for MT5 is based on the Volume Weighted Average Price and works in a very similar manner to the Moving Average indicator.

Example chart:

vwap close indicator for mt5 example chart

How to use VWAP Close Indicator for MT5?

As you can see on the AUD/USD M5 chart, there is a single violet line.

Traders should pay attention to the slope of the VWAP Close Indicator and trade accordingly.

When the slope steepens upward, buyers are firmly in control, opening the door to long entries. When it tilts downward, sellers begin to dominate and the setup shifts in favor of short positions.


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