Is it possible to modify the market profile indicator to show the value area?
(The range of prices where 70% of yesterdays volume took place)
don't understand it
my understanding is
say, half a day has passed
the yellow line , the statistics, will show us , we should trade the UPPER half or the lower half
but it is still confusing, better draw -and- add some text on the chart to explain
Market Profile for MT4 with VAH VAL
Anyone has Market profile indicator with Value Area High and value Area LOW ( horizontal lines? )
I cant seem to open this MP indicator....I get redirected to IE page refering to MQ4 files.....can anyone help re: this. thanks
Need help to revise MP indicator start time
I am hoping someone with programming experience has the time to revise the start time of the attached market profile indicator. I am in the US....so I would like it to start at 17:00est.
Thanks in advance.
Nice chart for ninja trader where did you get those indicators, I would like to use them with NT .Cheers
hi there i wonder if there is same market profile that count tiks for the weekly period ? i know that market profile is based on 30 minutes but would it be possible to reprogram it to a weekly count to attach the indi to a 4h chart ?
i would appriciate any kind of help
thanx in advance
One more VG market profile indicator here: https://www.mql5.com/en/forum/179512
Market Profile toolset for MultiCharts v6 and higher
Hello Market Profile traders,
if somebody is interested in a Market Profile toolset for daily, weekly, composite and classic MP, search here for more informations:
1st Trading Tools .
Toolset works ONLY in MultiCharts v6 or higher developed by TS Support Trading Software for Backtesting and Automated Trading. Trading Systems Backtesting and Automated Trading. .
i have got this market profile indiacator...searched on net to find something about "how to use" it...but cudnt find anything...is there anyone who can basically explain how to make use of it?
Or is it just for giving info?