From Mladen Rakic:

Reason to post this is simple : saw some vwap (Volume-Weighted Average Price) indicators that are, execution wise, horribly slow
This version is not (slow) and is as simple to use as it gets (3 parameters, 1 buffer) and also can calculate any time frame vwap (including some that do not exist in the MT5 supported time frames either)


PS: unlike some other multi time frame indicators, there is no recalculation whatsoever in this indicator (regardless of the time frame used)