Description
Flex VWAP keeps the standard VWAP formula but introduces a different reset logic.
Instead of calculating VWAP strictly from the start of the trading day, Flex VWAP allows the calculation to reset when market conditions change, helping Fair Value stay aligned with current price activity.
To achieve this, the indicator provides 4 reset mechanisms that you can choose from depending on your strategy:
- Bar Mode: VWAP resets after a defined number of bars, allowing the calculation to focus on the most recent price movement rather than earlier session activity.
- Volume Mode: VWAP resets when a specified cumulative volume threshold is reached. Each VWAP cycle therefore reflects actual market participation instead of time.
- Time Mode: VWAP resets at specific time anchors defined by the trader, such as major session opens or scheduled events.
- Day Mode: This mode keeps the classic VWAP structure, calculating from the start of the trading session and resetting each new day.
If you would like to explore Flex VWAP in more detail, the full product information is available here.
