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MarketProfile - indicator for MetaTrader 4

2008.06.05 06:50
2014.04.21 14:52
mp.gif (25.95 KB)

The indicator draws the market profile.

References about market profile:

E. Naiman. The Way to Financial Freedom.
J. Piper. The Way to Trade.

The author colored sessions: yellow - Asian session, blue - European session, red - American session. It displays results on M30 and M15.


StartDate - for backtesting (from what date to start drawing)

lastdayStart - if it is 'true', then it draws up to the last day (StartDate is ignored)

CountProfile - set how many profiles should be drawn.

Mode is drawn in white. Volume is not considered. There are situations where it considers volumes, but it 99% matches it. IMHO, it is of no importance for Forex.

Translated from Russian by MetaQuotes Ltd.
Original code:

Bid_View Bid_View

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