The volume profile indicator of the market + a smart oscillator. It works on almost all instruments-currency pairs, stocks, futures, cryptocurrency, on real volumes and on tick ones. You can set both the automatic definition of the profile range, for example, for a week or a month, etc., and set the range manually by moving the boundaries (two vertical lines red and blue). It is shown as a histogram. The width of the histogram at this level means, conditionally, the number of transactions conducted on it. With the "Mode level line color" parameter, you can set the automatic display of the most significant volume levels from which the price is likely to fight off, and the Maximum color parameter separately shows the level of the maximum traded volume of the entire set range.
The smart oscillator shows the overbought and oversold zones, it analyzes the information coming from several indicators and, based on the processed data, colors the overbought and oversold zones in the appropriate colors.
In Volume every day, you can use the Range period parameter to set the time range for building a profile, and use the Range count parameter to set the number of profiles for these ranges. For example, Range period=1Day, and Range count=10 means that the profile will be based on a period of one day, the last ten days. It is important that switching the time frame of the chart does not affect the profile construction, which is also an additional advantage of this indicator.
The indicator is very simple and easy to use, while being as informative as possible. With this indicator, the market maker will not be able to hide its purchases or sales from you. Thousands of users have already downloaded this product and there has not been a single negative review.
OPTIONS:
Parameter | Description |
Use Smart Oscillator
Use Volume Range Range mode | | Enabling/disabling the indicator |
Enabling/disabling the indicator A method for specifying range boundaries: - Between lines - between two lines
- Last minutes - last RangeMinutes minutes
- Minitues to line - RangeMinutes to the right line
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Range minutes Point scale Volume type
| The number of minutes for RangeMode 1 and 2. The minimum step between mods is selected subjectively for each instrument. The scale of the point when drawing the histogram. A higher value means faster operation, but a rougher display. Volume type, tick or real. The broker's actual volume may not be available, in which case the indicator will not show anything.
Data source: - Ticks - ticks from your broker's server (if any)
- M1, M5, M15 - interpolated ticks based on the bars of the specified timeframe
Histogram bar style: - Lines - lines
- Empty bar - empty rectangles
- Filled bar- filled rectangles
- Outline - contour
- Color - colour
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Histogram position
Color 1 Mode color (None=disable) Maximum color (None=disable) VWAP color (None=disable) | Mode level line color Identifier
Use Volume every day
| The location of the histogram:
- Window left - the left edge of the window
- Window right - the right edge of the window
- Left outside - from the left border of the range to the left
- Right outside - from the right edge of the range to the right
- Left inside - from the left border of the range to the right
- Right inside - from the right edge of the range to the left
Histogram Color 1. Specify None to use the background color of the graph. Histogram color 2. Specify None to use the background color of the graph. The thickness of the line when drawing the histogram. | The color of the local maxima (distribution modes). Specify None to disable it. The color of the maximum. Specify None to disable it. The color of the VWAP (volume-weighted average price). Specify None to disable it. | The color of the mod levels. Specify None to disable it. The style of the mod level lines. | Indicator ID, use different values for multiple copies of the indicator on the same chart. | Enabling/disabling the indicator |
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Range period | Period, standard values from M1 to MN1 only (1, 5, 15, 30, 60, 240, 1440, 10080, 43200). |
Range count | The number of ranges. |
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Mode step (points) | The minimum step between mods is selected subjectively for each instrument. |
Point scale | The scale of the point when drawing the histogram. A higher value means faster operation, but a rougher display. |
Volume type | Volume type, tick or real. The broker's actual volume may not be available, in which case the indicator will not show anything. |
Data source | Data source: - Ticks (только в MT5) - ticks from your broker's server (if any)
- M1, M5, M15 - interpolated ticks based on the bars of the specified timeframe
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Bar style | Histogram bar style: - Lines - lines
- Empty bar - empty rectangles
- Filled bar- filled rectangles
- Outline - contour
- Color - colour
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Draw direction | The direction of drawing the histogram is from left to right or from right to left. |
Color 1 | Histogram Color 1. Specify None to use the background color of the graph. |
Color 2 | Histogram color 2. Specify None to use the background color of the graph. |
Line width | The thickness of the line when drawing the histogram. |
Mode color (None=disable) | The color of the local maxima (distribution modes). Specify None to disable it. |
Maximum color (None=disable) | The color of the maximum. Specify None to disable. |
VWAP color (None=disable) | The color of the VWAP (volume-weighted average price). Specify None to disable it. |
Mode line width | The thickness of the mod lines. |
Identifier | Indicator ID, use different values for multiple copies of the indicator on the same chart. |
Sehr nützliches und hilfreiches Programm. Der Funktionsumfang ist fantastisch. Und das zu einem wirklich guten Preis!!