Market Volume Profile or Volume Histogram
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Does anyone have an indicator for MT4 that tracks volume change at all occurred price levels? Please refer to the attached screen shoot of the Interactive Brokers Platform. The area circled is the volume histogram; it tracks the cumulative volume that traded at every price level. I’m positive that something like that can be implemented in MT4. Of course the indicator will only be able to track volume changes since the time it would be attached to the graph.
This indicator would be very helpful for accurate determination of strong intraday supports and resistances.
This is a slim chance that something like that already exists for MT4. Would anyone experienced in MT4 language take on the challenge of writing this indicator? Perhaps an already existing MarketProfile indicator 'Market Profile' can be modified to show volume change at the price levels.