VWAP Indicator
Volume-weighted average price indicator is a benchmark tool to measure ratio of the value traded to total volume traded over an interval of time. For an intraday traders it is must have indicator in their arsenal. In the scope of trading efficiency VWAP is extremely helpful to indicate current price sentiment either it is bullish or bearish. Bear in mind that VWAP is a cumulative indicator, therefore values increases throughout the day, week or month. This is an updated version of default VWAP available in the PTMC terminal with additional feature to pass timespan periods and day/week/month lines within the scope of one indicator