Skip to content

VWAP Bands Forex Indicator (MT4)

The VWAP Bands Forex indicator for MT4 is an easy to use buy/sell technical tool that consists of 7 bands based on standard deviation of price from VWAP.

The indicator can be used as a standalone trading tool for both trade entry and exit during sideways price action.

It can also be used as an additional signal indicator that works together with an existing trading strategy or system of your preference.

Buy & sell trading signals from VWAP:

  • A new buy trade is given when the VWAP bands are moving sideways and price reaches the green lower band.
  • A new sell trade is given when the VWAP bands are moving sideways and price reaches the green upper band.

Feel free to experiment with the indicator’s default inputs and different parameters.

Free Download

Download the “vwap-bands-indicator.mq4” indicator for MT4

Indicator Chart (EUR/USD M15)

The example chart below displays the VWAP Bands mt4 indicator in action.

After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown above.

Trading Tips:

Feel free to use your own favorite trade entry, stop loss and take profit method when trading with this technical indicator.

As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.

Please note that even the best trading indicator cannot yield a 100% win rate over long periods.

Indicator Specifications & Inputs:

Trading Platform: Developed for Metatrader 4 (MT4)

Currency pairs: Works for any pair

Time frames: Works for any time frame

Trade Style: Works for scalping, day trading and swing trading

Input Parameters: Variable (inputs tab), color settings & style

Indicator type: Bands

Does the indicator repaint? No.

Download Now

Download the “vwap-bands-indicator.mq4” indicator for Metatrader 4

Share this post!