M.
 G reat NinjaTrader 8 VWAP indicator for
scalpers & daytraders
This indicator just works on INTRADAY charts. It does NOT plot weekly, monthly, yearly⌠VWAP......
Intraday VWAP Pro is an important NinjaTrader 8 indicator that measures a trading session's average price by taking into account traded volumes. Trades with large volumes will impact more on VWAP calculations than trades with small volumes. VWAP is a CRITICAL benchmark of price that is used by big players. For more information, please read VWAP Definition and How to Trade VWAP.
The major use of Intraday VWAP Pro is to help identify the intraday TREND of the market. When the price is above VWAP, the market is in an uptrend; when the price is below VWAP, the market is in a downtrend. Therefore, this NinjaTrader 8 VWAP indicator can be used as a very powerful trend filter: we take only long signals when the price is above VWAP, and take only short signals when the price is below VWAP.
Second, our NinjaTrader VWAP indicator can be used as a support/resistance indicator. For this purpose, we added S1/R1, S2/R2, S3/R3, S4/R4 which are user-defined offsets from VWAP. The offsets can be specified in multiple units:
- Standard deviation: 3 different formulas to compute StdDev
- Day-based unit: Prevday's range or Today's range
- Bar-based unit: Today's average bar range
Providing various types of offset is what really makes ninZa.co's Intraday VWAP Pro for NinjaTrader 8 unique & distinctive among many VWAP versions on the market. We also added an option for volume power to let you decide the power of volume that will be used in weighting: square root of volume (power = 0.5), normal volume (power = 1), volume squared (power = 2), volume cubed (power = 3)...
Our innovative ribbon (which can be placed at the top or bottom) visually tells you how bullish/bearish the market is. For example, when the market reaches S3/R3, the ribbon is MORE red/blue than when the market is somewhere near S1/R1. Very convenient, right?
The VWAP line can be colorized to reflect whether the market is above or below VWAP. Chart background can also be painted for the same purpose.
All of the plots in our great NinjaTrader VWAP indicator (VWAP and S/R lines) are rounded to the nearest tick size.
Our growing collection of best NT8 indicators gives you access to powerful tools built specifically for the NinjaTrader 8 platform.
Dedicated NinjaScript Signals
- Signal_State:
- 5 = above R4
- 4 = from R3 to R4
- 3 = from R2 to R3
- 2 = from R1 to R2
- 1 = from VWAP to R1
- -1 = from VWAP to S1
- -2 = from S1 to S2
- -3 = from S2 to S3
- -4 = from S3 to S4
- -5 = below S4
Key Features
- Plot VWAP
- Allow configuring volume power
- Allow smoothing VWAP with SMA
- Plot S1/R1, S2/R2, S3/R3, S4/R4 which are user-defined distances from VWAP
- Allow specifying S/R offset unit based on StdDev: 3 different formulas
- Allow specifying S/R offset unit based on day data: Prevday's range or Today's range
- Allow specifying S/R offset unit based on bar data: Today's average bar range
- Allow configuring S/R offset multipliers
- Paint regions between VWAP and S/R lines
- Colorize VWAP to show uptrend vs downtrend
- Paint background to show uptrend vs downtrend
- Display how bullish/bearish the market is with an innovative ribbon
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Software Changelog
- 28 Nov 2020:Massive changes, fixes and improvements were made (DPI, display name, Z order, property naming/positioning/grouping).
- 11 Jun 2020:Massive improvements and changes were made.
- 26 May 2020:The indicator was released (built new).
Policies
Software license
Every purchase includes a perpetual software license, granting you the right to use the software indefinitely on the number of computers permitted by your license.
Installation & Onboarding
Every purchase includes guided installation assistance.
Purchases with Premium Services also include white-glove software setup and onboarding, along with personalized trading setup and workflow optimization.
Software updates & upgrades
Software updates & upgrades are provided at no additional cost.Â
For products with a modular structure, this coverage applies to the core product, while optional expansion modules may be offered separately.
Read the full policy
Customer service
Every purchase includes lifetime support via email & chat, delivered by our renowned Customer Care team â widely recognized throughout the trading community for its world-class service.
As your NINZA product collection expands, Premium Path unlocks a growing range of enhanced Customer Care benefits & privileges, available through dedicated channels.
Explore Premium Path
Remote assistance
Every purchase includes up to 3 complimentary remote assistance sessions, available within 30 days of purchase â with each session lasting up to 30 minutes.
Purchases with Premium Services include up to 6 sessions within 60 days of purchase, with priority scheduling and longer session durations.
Product exchange
Customers may request up to 3 product exchanges within 30 days of purchase, at little or no additional cost when exchanging for a comparable product.
Read the full policy
Returns & refunds
Due to the ease with which software products can be stored and copied, no returns will be accepted and no refunds will be issued.
ALL SALES ARE FINAL & NON-REFUNDABLE.








