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Market Profile By Global Trade Live

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Published: 4 March 2022

Current version: 2.0

Market Profile By Global Trade Live

Indicators
Abhimanyu Hans
Version: 2.0

READ THE DESCRIPTION ITS IMPORTANT - ONLY TAKES 2 MINUTES - THIS IS A TOOL NOT A TRADING STRATEGY

Market Profile By Global Trade Live

A Market Profile is a graphical representation that combines price and time information in the form of a distribution. A Market Profile is used to determine elapsed time, number of ticks and volumes traded at specific prices, or over a price interval, over a given period. A Market Profile also makes it possible to identify prices accepted or rejected by the market, and to identify resistance or support price levels to anticipate future price movements.

A Market Profile is not a technical indicator but an image that shows where the most traded price is and what the volumes are at each price level. It determines when the market will move from equilibrium to imbalance.

Distinctive features

Show the most traded price levels
Can be used as support and resistance levels
Can be used in scalping, intraday or swing trading strategy
Show the traders hidden volume

Parameters

Session : By default set at "Daily" you can use the desired session
StartFromDate: lower priority : Shows the current date
StartFromCurrentSession: high priority : By default set at "true" (no need to change)
SessionsToCount : Number of sessions to count Market profile
ColorScheme
SingleColor : If color is set to single color
ColorBullBear : If true, colors are from bar's direction
MedianColor
ValueAreaSidesColor
ValueAreaHighLowColor
ShowValueAreaRays : Draw previous value area high/lows rays
ShowMedianRays : Draw previous median rays
RaysUnitIntersection : Which rays stop when hit another MP
TimeShiftMinutes : Shift session + To the left - To the right
ShowKeyValues : Print out VAH, VAL, POC on chart
KeyValuesColor : Color for VAH, VAL, POC printout
KeyValuesSize : Font size for VAH, VAL, POC printout
PointMultiplier : The higher it is, the fewer chart objects
ThrottleRedraw : Delay (in seconds) for updating Market Profile
EnableIntredaySesion1
IntradaySession1StartTime
IntradaySession1EndTime
IntradaySession1ColorScheme
EnableIntredaySesion2
IntradaySession2StartTime
IntradaySession2EndTime
IntradaySession2ColorScheme
EnableIntredaySesion3
IntradaySession3StartTime
IntradaySession3EndTime
IntradaySession3ColorScheme
EnableIntredaySesion4
IntradaySession4StartTime
IntradaySession4EndTime
IntradaySession4ColorScheme
SaturdayToSunday
Disable alerts on wrong timeframes

more...

1120

yalewang 2023.04.26 04:14 #

i cannot understand it ,it is very complex .

207

jonclark365 2023.01.17 17:58 #

Awesome!!

James Clark 2022.12.31 18:54 #

Fantastic, this is an awesome indicator with lots of custom options

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Gold Digger is a gold trading expert advisor, designed and optimized for trading gold only. It trades using pending orders at specific times only, to avoid low quality trades and increases its overall accuracy. Strict risk management system has been embedded inside the expert advisor to provide unmatched excellent performance on the live markets. Join our MQL5 group in order to download the latest set files which will be required to back test and run the EA on real account. You are also wel

500 USD

NEXT PRICE : $799 Monster EA X Gold is a GOLD trading expert advisor based on a strong scalping strategy in the night when the market volume is low combined with a strong trade management and execution system. Trading Strategy Monster EA X Gold trades only on GOLD using only pending orders. It starts putting pending orders on specific times with proper Stop Loss and Hidden Profit Booking mechanism when the scalping strategy probability is the highest, it uses combinat

699 USD

GBPJPY scalper EA is a pound yen trading expert advisor designed especially for trading GBPJPY. It is a 5 minute time frame scalper and its strategy is based on low volume trading strategy, it trades at night and day for few hours when the volume is low and there is no news in order to maximize its accuracy and minimize the risk. Join our MQL5 group in order to download the latest set files which will be required to back-test and run the EA on real account. You are also welcome to join our p

699 USD

Experience the power of innovation with Quantum Queen EA, an extraordinary expert advisor designed to redefine your trading experience. What sets Quantum Queen EA apart is its ground breaking approach of breaking down a single trade into 4 smaller parts, introducing a level of precision and adaptability that's truly unmatched. Join our MQL5 group in order to download the latest set files which will be required to back-test and run the EA on real account. You are also welcome to join our priv

449 USD