X Sensors Pro
- Indicators
- Version: 1.0
- Activations: 5
X Sensors Pro is a professional volume profile indicator that visualizes the distribution of trading volume across price levels over a selected period. The indicator automatically identifies local extremes (HH and LL), calculates the Point of Control (POC) — the level with maximum volume, and builds support and resistance levels based on the identified range.
Key Features:
Visualization of volume profile as colored histograms
Automatic POC (Point of Control) detection
Construction of HH (Higher High) and LL (Lower Low) levels
Calculation of pivot levels and multiple support/resistance levels
Color indication of bullish (green) and bearish (red) volume
Adaptive adjustment for any timeframe
What is the Indicator For?
The indicator solves the following trader tasks:
1. Identification of Accumulation and Distribution Zones
Volume always concentrates where large players enter or exit the market. POC shows the price at which the maximum number of transactions occurred — this is a psychologically important level.
2. Fair Value Identification
POC is often considered the "fair value" — the level around which the market spends the most time.
3. Identification of Support and Resistance Levels
Horizontal volumes create natural barriers for price. The greater the volume at a level, the more significant that level.
4. Trend Confirmation
If price is above POC and volume is skewed upward, the trend is strong. If price is below POC and volume is red, the trend is bearish.
5. Breakout or Bounce Trading
Traders use POC and HVNs (High Volume Nodes) as entry levels:
Breakout of HVN leads to strong movement
Bounce from HVN leads to range continuation
The Indicator is Applicable to:
Forex (Currency Pairs)
Majors: EUR/USD, GBP/USD, USD/JPY, USD/CHF
Cross rates: EUR/GBP, EUR/JPY
Exotics: USD/TRY, USD/ZAR (use with caution, low liquidity)
Stock Market (Equities)
Liquid stocks (Apple, Tesla, Amazon, S&P 500)
Index ETFs (SPY, QQQ)
Commodity Market
Oil (WTI, Brent)
Gold (XAU/USD)
Silver, platinum, copper
Cryptocurrencies
Bitcoin (BTC/USD)
Ethereum (ETH/USD)
Other liquid altcoins
Conditions for Effective Operation:
High liquidity
Sufficient trading volume (tick volumes in MT5)
Normal spread (not too wide)
Key Features:
Visualization of volume profile as colored histograms
Automatic POC (Point of Control) detection
Construction of HH (Higher High) and LL (Lower Low) levels
Calculation of pivot levels and multiple support/resistance levels
Color indication of bullish (green) and bearish (red) volume
Adaptive adjustment for any timeframe
What is the Indicator For?
The indicator solves the following trader tasks:
1. Identification of Accumulation and Distribution Zones
Volume always concentrates where large players enter or exit the market. POC shows the price at which the maximum number of transactions occurred — this is a psychologically important level.
2. Fair Value Identification
POC is often considered the "fair value" — the level around which the market spends the most time.
3. Identification of Support and Resistance Levels
Horizontal volumes create natural barriers for price. The greater the volume at a level, the more significant that level.
4. Trend Confirmation
If price is above POC and volume is skewed upward, the trend is strong. If price is below POC and volume is red, the trend is bearish.
5. Breakout or Bounce Trading
Traders use POC and HVNs (High Volume Nodes) as entry levels:
Breakout of HVN leads to strong movement
Bounce from HVN leads to range continuation
The Indicator is Applicable to:
Forex (Currency Pairs)
Majors: EUR/USD, GBP/USD, USD/JPY, USD/CHF
Cross rates: EUR/GBP, EUR/JPY
Exotics: USD/TRY, USD/ZAR (use with caution, low liquidity)
Stock Market (Equities)
Liquid stocks (Apple, Tesla, Amazon, S&P 500)
Index ETFs (SPY, QQQ)
Commodity Market
Oil (WTI, Brent)
Gold (XAU/USD)
Silver, platinum, copper
Cryptocurrencies
Bitcoin (BTC/USD)
Ethereum (ETH/USD)
Other liquid altcoins
Conditions for Effective Operation:
High liquidity
Sufficient trading volume (tick volumes in MT5)
Normal spread (not too wide)
