Touch VWAP MT5

The Touch VWAP MT5 is an innovative indicator designed for traders using the MetaTrader 5 platform. Developed by Danrlei Hornke, this tool allows the calculation of the Volume Weighted Average Price (VWAP) with a simple key press and a click on the desired candlestick. The indicator offers versatility by allowing calculations based on the candle’s minimum, average, or maximum price.

Features of Touch VWAP MT5

One of the standout features of the Touch VWAP MT5 is its user-friendly interface. By pressing the ‘w’ key and clicking on a candle, traders can instantly calculate the VWAP:

• Clicking below the candle calculates the VWAP based on the minimum price with volume.
• Clicking on the body of the candle calculates the VWAP based on the average price with volume.
• Clicking above the candle calculates the VWAP based on the maximum price with volume.

The indicator also provides an option to remove the VWAP, adding to its flexibility and ease of use.

User Reviews and Ratings

The Touch VWAP MT5 has received outstanding feedback from its users, boasting a perfect rating of 5 based on multiple reviews:

• Thiago Visionário: “Só tenho agradecer pelo maravilhoso indicador!”
• Rohiko: “Danrlei, parabéns, indicador muito útil e funcional. Gratidão.”
• Claudiaburack: “Parabéns!!! É a melhor VWAP/Midas para MetaTrader.”
• Gildofx: “Muito bom, obrigado.”

Such positive feedback underscores the reliability and functionality of the Touch VWAP MT5 indicator.

Reliability and Performance

The Touch VWAP MT5 indicator is highly reliable, as evidenced by its perfect user ratings and positive reviews. It is an excellent tool for traders looking to incorporate VWAP calculations into their trading strategies. The ease of use and flexibility make it suitable for both novice and experienced traders.

Tips for Potential Users

Here are some useful tips for potential users of the Touch VWAP MT5 indicator:

• Take advantage of the different VWAP calculation options to tailor your trading strategy.
• Regularly review your trading results to understand how the VWAP calculations impact your trades.
• Explore the resources available on Forexroboteasy.com for real-world performance results.
• Visit easytradingforum.com to download sample code and engage with the trading community.

Conclusion

In conclusion, the Touch VWAP MT5 is a powerful and versatile trading indicator that can significantly enhance your trading strategy. With its high user ratings and positive feedback, it stands out as a reliable tool for MetaTrader 5 users. Whether you are a beginner or an experienced trader, the Touch VWAP MT5 is worth considering for your trading arsenal.