Volume at Price (VAP) Indicator
Unlock advanced volume analysis with the Volume at Price (VAP) indicator for MT5. This dynamic tool features real-time volume patterns, multiple visualization modes, and flexible trend/volume detection for smarter trade decisions.
Description
Volume remains one of the most powerful yet underused tools in the Forex market. While many traders rely solely on price action, those who understand volume behavior often gain a significant edge. That said, analyzing volume the traditional way can be daunting—especially when using default histograms.
Some traders stick to classic solutions like Better Volume 1.5 or Sonic PVA. But if you’re looking for something more modern and flexible, the Volume at Price (VAP) indicator for MT5 might be exactly what you need.
This indicator comes with a built-in library of volume-price action patterns, including:
- Upthrust
- Reverse Upthrust
- Pseudo Upthrust
- Pseudo Reverse Upthrust
- Stopping Volume High
- Stopping Volume Low
- Buying Climax High
- Selling Climax Low
- High Churn
- No Supply Low
- No Demand High
- Strength B
- Weakness B
- Strength A
- Weakness A
All patterns are automatically detected and displayed based on your selected mode.
The VAP indicator offers four distinct display types: VSA, PVA, Classic, and Delta. Using the “A” button, you can label each bar directly on the chart, making it easier to minimize the volume window and focus on price analysis.
Each detected pattern appears in the top-right of the indicator panel with its name and color. If the current bar doesn’t match any pattern, the label reads “Not value.”
Another unique feature is the ability to forecast volume for upcoming bars. This forecast is based on historical behavior and is fully customizable in the settings.
Volume at Price (VAP) Indicator Trading Signals
The VAP indicator does not generate classic “Buy” or “Sell” signals. Instead, it highlights key volume-price interactions. For example, a “Buying Climax” might suggest exhaustion at the top, while “No Supply” may signal potential accumulation.
This makes the indicator ideal for those using Volume Spread Analysis (VSA) or traders who interpret structure and order flow.
Conclusion
The Volume at Price (VAP) indicator for MT5 offers a fast, intuitive, and visually rich way to analyze price-volume relationships. With four flexible modes, built-in pattern detection, and volume forecasting, it’s a strong addition for traders who rely on VSA, Smart Money Concepts, or pure price action strategies. Whether you’re a seasoned professional or just exploring volume analytics, this tool provides real market insight with minimal complexity.