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REGISTER PARTICIPANTS Indicator Volumeprofile Mt4

Discussion in 'Technical Indicators MetaTrader 4' started by James Goldman, Nov 1, 2020.

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  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

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    VolumeProfile

    #volumeprofile

    volumeprofile-logo-200x200-4157.png

    Descption:
    The Volume Profile displays detailed informations of historical trading activities at certain price levels.
    So you can locate the areas with the best prices in the market and get an advantage about other market participants.

    Features:
    • Customizable Volume Profile
    • Shows the "fair" Value Area with 70% of all Volume
    • Shows critical low volume zones
    • Shows VPOC, VAL and VAH Points
    • Works on all timeframes
    • Also available for MT5 (You are not allowed to view links. Register or Login
    Settings:
    Variable
    Standard Value Description

    Bar History
    1100
    Number of historical Bars to calculate from

    Level of Detail
    1Set the resolution for the profile. For protection purposes the level of detail will be automaticaly recalculated if you open a high volume chart such as GOLD or BTC.

    Auto set X-Position
    true
    - Set this value to "true" to let the volume profile automaticaly align to your screen.
    - Set this value to "false" to ajust the X-Position with the variable "X-Position"
    X-Position
    0
    Set the X Position of the Indicator on the screen (recommended value is 30 to 60)

    Scale
    4
    Adjust the size of the volume levels (The Scale will set automaticaly if too high)

    Profile_Color
    Green
    Color of the area with 70% of all volume (fair value area)

    Profile_Color_VLow
    OrangeRed
    Color of the areas with low volume

    Profile_Background
    true
    Set the profile to background

    POC_Style
    0
    Set the Style of the Point of Control

    POC_Color
    Green
    Set the Color of the POC
    POC_Width
    1
    Set the Width of the POC
    POC_Background
    true
    Set the POC to background

    VAL_Style
    0
    Set the Style of the Value Area Low Line

    VAL_Color
    Orange
    Set the Color of the VAL
    VAL_Width
    2
    Set the Width of the VAL
    VAL_Background
    true
    Set the VAL to the Background

    VAH_Style0
    Set the Style of the Volume Area High
    VAH_ColorOrange
    Set the Color of the VAH
    VAH_Width2
    Set the Width of the VAH
    VAH_Backgroundtrue
    Set the VAH to the Background

    Support:
    The indicator is constantly being developed and improved.
    Please do not hesitate to contact me via the MQL5 Platform. I am very grateful about any Bug report, so that i can constantly improve the indicator.

    volumeprofile-screen-5589.png volumeprofile-screen-8562.png volumeprofile-screen-7184.png volumeprofile-screen-7602.png

     

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