Trading Systems

Where did the volume actually trade? Flat Volume Profile for MT5

15 November 2026, 11:19
Keijinro Mizutani
Keijinro Mizutani
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A candlestick chart shows you where price went. It does not show you where the trading actually happened. Flat Volume Profile draws that missing layer on MetaTrader 5: a price-by-price volume histogram for each period, built from tick volume.

Product page: https://www.mql5.com/en/market/product/208639 ($32)

What it draws

For every period, the profile shows:

  • POC (Point of Control): the single price with the highest volume — the level the market kept coming back to
  • Value Area (VAH / VAL): the range containing 70% of the period's volume (the percentage is adjustable)
  • VWAP for the period, with optional ±1SD and ±2SD bands on the latest profile

Period modes cover how most traders actually review volume: Daily and Weekly profiles, a Rolling profile over the last N bars, and an Anchored profile starting from any time you choose — for example, from a news release or a range break. Past profiles stay on the chart (5 plus the current one by default), so you can compare today's distribution with the days behind it.

Each bar's tick volume is allocated uniformly across the price bins it touches (50 bins by default). The movable panel reads out the POC / VAH / VAL / VWAP prices, the distance from the current price in points, whether price is inside, above or below the Value Area, the VA width, and the total tick volume and bar count behind the profile. Drag it anywhere; the position is saved per symbol and timeframe.

POC / VAH / VAL / VWAP are also exported as indicator buffers (0 = POC, 1 = VAH, 2 = VAL, 3 = VWAP), so other tools can read the values via iCustom.

A note on tick volume

FX and CFDs have no centralised real volume, so this profile is built from your broker's tick volume and will differ between brokers. Used with that in mind, it is still one of the most practical ways to see which prices the market accepted and which it only visited.

This is a display indicator: it places no orders.

A free demo version runs in the MetaTrader Strategy Tester, so you can check the profiles on your own broker's data before buying. Please test thoroughly on a demo account first.

Disclaimer: This product is an analysis tool. It does not provide investment advice and does not guarantee profit. Trading involves risk; please trade at your own responsibility.