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New article at mql5.com - The Price Histogram (Market Profile) and its implementation in MQL5

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MetaQuotes
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MetaQuotes  

New article The Price Histogram (Market Profile) and its implementation in MQL5 is published at MQL5.com

In this article I will consider Price Histogram - a simplified model of Market Profile, and will describe its implementation in MQL5.



Author: Dmitry
Bluesky
161
Bluesky  

That's brilliant.

I have always been doing that manually in Excel!

Larry
1413
Larry  

I don't hear any audio on this. Can you explain more about it? I find it facinating and I believe i understand what I am seeing, but would like a little monologue to go with it. What do the different colors represent? I assume the long the bar the greater that price value has been encoutnered during that time frame or period of time, but how do you determine the time? Is it based on the visible time currently displayed on the chart?

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