RBM Volume Profile Master
- Indicators
-
Renato Brendim Medici
RBM Trader is an Economist and Global Trader, specialized in FX, Derivatives and Equity. Creator of the Reverse Setup and the GFT method.
Author of the book "Macroeconomics for Traders," connecting macroeconomics, geopolitics and financial markets in a practical, straight-to-the-point way. - Version: 1.0
RBM VolumeProfileMaster
Professional Volume Profile Analysis for MetaTrader 5.
RBM VolumeProfileMaster was developed to analyze volume distribution across price levels, identify areas of trading concentration, and provide a clearer understanding of market acceptance and rejection zones.
A comprehensive analytical tool combining Volume Profile, market structure, and volume flow analysis in a single interface.
KEY FEATURES
- Volume Profile: Displays traded volume distribution across individual price levels.
- POC (Point of Control): Identifies the price level with the highest volume concentration.
- VAH and VAL: Define the upper and lower boundaries of the Value Area.
- HVN (High Volume Node): Identifies areas with high volume concentration.
- LVN (Low Volume Node): Identifies areas with low volume concentration.
- Naked POC: Highlights historical POCs that have not been reached by subsequent price ranges.
- Delta: Displays an estimated buying and selling volume distribution at each price level.
- Composite Volume Profile: Displays consolidated volume distribution over recent days or the visible chart area.
- Dynamic Updates: Tracks changes in volume distribution during market activity.
- Visual Customization: Adjustable colors, transparency, width, and calculation parameters.
HOW TO USE
The indicator helps traders identify:
- Price levels with the highest trading volume concentration.
- Market acceptance and balance areas.
- Low participation zones and potential price displacement areas.
- Important historical levels for price monitoring.
- Potential support and resistance zones based on volume distribution.
MARKETS AND TIMEFRAMES
The indicator can be used with different financial instruments available on MetaTrader 5, including:
- Forex
- Gold (XAUUSD)
- Indices, including NAS100
- Commodities
- Other instruments provided by your broker
The indicator uses M1 data to build its volume distribution, regardless of the chart timeframe selected.
RBM TRADER METHODOLOGY
RBM VolumeProfileMaster integrates volume analysis with the GFT methodology, helping traders identify relevant trading areas and better understand market structure.
Its purpose is not to predict market movements through automatic signals, but to provide analytical information for more informed trading decisions.
IMPORTANT INFORMATION
The indicator uses real volume when provided by the broker's server. Otherwise, tick volume is used.
Price-level distribution is estimated using M1 candle data. The buying and selling Delta classification is also estimated from the candle closing position within its price range. It does not represent actual aggressor-side identification from individual trades.
This indicator is an analytical tool and does not generate automatic buy or sell recommendations.
RBM TRADER
Geopolitics. Fundamentals. Technical Analysis.
Technology and intelligence applied to global market analysis.
