VWAP (Volume Weighted Average Price) – FX Replay Guide
The VWAP in FX Replay tracks the intraday average price weighted by volume. It’s a vital tool for evaluating trend context, defining support/resistance zones, and managing trades within daily session boundaries.
How to Add It:
- Open your FX Replay chart
- Click Indicators
- Search for “VWAP”
- Apply it – VWAP resets daily and plots automatically based on volume-weighted price action
How to Use VWAP in FX Replay:
Intraday Bias Filter:
- Price above VWAP = bullish intraday sentiment → prioritize long setups
- Price below VWAP = bearish tone → prioritize short setups
- Confirm setups at session opens or during liquidity sweeps
Support and Resistance Logic:
- VWAP serves as a dynamic S/R level:
- Price rejects off VWAP → possible continuation trade
- Price reclaims VWAP → possible trend reversal
- Test VWAP interaction with:
- Fair Value Gaps (FVGs)
- SMMA
- Order blocks
Overbought/Oversold Zones:
- Add standard deviation bands (if supported) to visualize:
- Far above VWAP → potential mean reversion short
- Far below VWAP → potential bounce entry
Backtesting Intraday Patterns:
Replay and log setups such as:
- Price retests VWAP before continuation
- VWAP acts as midline in range setups
- Price clears VWAP at NY or London open → signals momentum breakout
Pro Tip:
In FX Replay, VWAP is your real-time equilibrium line.
Use it to validate entry timing and manage exits:
- If your long is far above VWAP and momentum slows → scale out
- If price breaks above VWAP on volume during a session → strong continuation confirmation
Combine With:
- Supertrend → trend filtering
- RSI or MACD → momentum confirmation
- Liquidity sweeps / session timing → precision entries