Volume Weight Average Price is a trend following indicator. Being a trend following indicator,volume weight average price was created to be used by traders to measure the average price of a security or stocks tradeable over a given period of time-based on volume and price thus enabling traders to know of uptrend or downtrend market movement. Just like other trend-following indicators, volume weight average is also based on bullish and bearish in the market. Volume Weight is based on price per share and the total number of shares, as well as volume, traded thus its formula is derived as follows; VWAP= ( Σ Price *volume traded )/ Σ volume traded Since Volume weight average price is based on bullish and bearish conditions, it, therefore, follows that when the price rises above the volume weight average, that will be an indication of an upward market direction thus the tra...