Free VWAP Indicator
Click your preferred platform below to get our free “Intraday” indicator.
thinkorswim
TradingView
NinjaTrader 8
TradeStation
Indicator Overview
Our free VWAP indicator — which we call “Intraday” — is a custom tool that’s available for thinkorswim, TradingView, NinjaTrader 8, and TradeStation. It allows you to:
Plot intraday VWAP with optional standard deviation bands
Utilize presets for week-to-date or month-to-date VWAPs
Use cloud-coloring, dynamic plot styles, and other UI features
Display user-defined “tolerance” levels for deviation bands
This is one of the primary indicators we use to implement our VWAP trading strategy, serving as an essential visual reference point for any chart.
Drag the slider above to view a comparison of an intraday chart of SPY from 7/19/2022 with our free VWAP indicator applied versus without.
When plotted alongside intraday VWAP, standard deviation bands help create a universally
applicable grid system that can be used to segment price action into distinct zones — each with a different set
of unique characteristics and expectations.
This is a concept we discuss in much greater detail in our free VWAP strategy guide.
We utilize this grid for both broader chart analysis and specific trade mechanics like entry/exit signals,
defining risk levels or initial and ongoing trades, and more.
Very few charting platforms provide sufficient built-in VWAP tools, and Intraday is intended to replace the
default VWAP indicator provided by any of the available platforms — thinkorswim, TradingView, NinjaTrader 8, and
TradeStation.
We’ll send you our “Intraday” indicator for free, plus a detailed tutorial.