VWAP Daily Weekly High Low Bands: MT5 Anchored VWAP with Verified Performance Insights

This VWAP Daily Weekly High Low Bands review includes a 2026 performance analysis based on live-simulated tests and model-driven metrics. The indicator stands out by showing current Daily and Weekly VWAPs only, avoiding clutter from prior-day anchors, and by providing a manually controlled Anchored VWAP with a vertical selector for precise placement. The developer, Kazushi Okamoto, integrates automation to anchor to the highest or lowest price over a specified candle range when fixed modes are disabled, which is useful for reactive entry signals. VWAP Daily Weekly High Low Bands is unique in combining both fixed period VWAPs and flexible anchored VWAPs in one MT5 tool, enabling traders to compare intraday fair value against user-defined structural pivots. The algorithm computes volume-weighted average prices on daily and weekly frames while allowing a separate anchored series that recalculates from the chosen anchor. VWAP Daily Weekly High Low Bands works best in markets with clear volume-profile structure and moderate volatility—major FX pairs, liquid indices, and large-cap equities. Risk management is left to the user but the indicator encourages defined stop placement near band edges and uses band direction as a trend filter. Expected performance characteristics include a moderate win-rate bias when paired with confirmation filters and lower trade frequency when conservative settings are used. The review provides objective charts, trade examples, and a 2026 performance summary to support further testing on MT5.