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VWAP 3 Bands (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Thiago Pereira Pinho
VWAP 3 Bands is a free MetaTrader 5 indicator by Thiago Pereira Pinho on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
VWAP 3 Bands — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Thiago Pereira Pinho
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded VWAP 3 Bands on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Anchored VWAP + 3 SD Bands. This tool combines the market's most respected volume indicator (VWAP) with statistical volatility (Standard Deviation), creating a complete map of price action.
Before you use VWAP 3 Bands
What the developer claims
- Unlike simple moving averages, VWAP weights the price based on actual traded volume, offering much more reliable support and resistance levels.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on VWAP 3 Bands
Compiled from its public MQL5 listing. FxRobotEasy has not traded VWAP 3 Bands; what these notes say about how it works comes from that listing.
Overview
VWAP 3 Bands by Thiago Pereira Pinho represents a comprehensive automated trading solution for MT5 traders. What sets VWAP 3 Bands apart is its balanced approach to trade execution and capital preservation.
Risk notes
VWAP 3 Bands implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Thiago Pereira Pinho
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing VWAP 3 Bands on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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The team's notes, every day
- What we ship, what breaks and how we fix it
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VWAP 3 Bands or Scalperology AI?
| VWAP 3 Bands | Scalperology AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Thiago Pereira Pinho | FxRobotEasy |
VWAP 3 Bands — questions
What is VWAP 3 Bands?
VWAP 3 Bands is a MetaTrader 5 indicator published on the MQL5 Market by Thiago Pereira Pinho, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does VWAP 3 Bands work on MT4 or MT5?
VWAP 3 Bands runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is VWAP 3 Bands free to download?
Yes -- VWAP 3 Bands is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-06-24. The file is downloaded from the developer's (Thiago Pereira Pinho) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for VWAP 3 Bands?
FxRobotEasy has not traded VWAP 3 Bands on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for VWAP 3 Bands elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.