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Market Profile Multi Sessions

Market Profile is a graphic representation that shows price and time information as a distribution. The benefits of Market Profile include:

  • Determine amount of time, number of ticks and volume traded at specific price levels or price ranges during a period
  • Identify prices perceived as fair by the market
  • Identify support and resistance levels to anticipate future price movements

Each group of letters shows the price or price range where trades occured, usually in the 30 minutes chart timeframe.

The Point of Control or "POC" shows the price or price range that was the most traded during the profile.

The Initial Balange Range shows the price range where trading occurred during the first two periods of the profile (A and B)


Market Profile Multi Sessions Features and customizations:

  • Can have up to 4 sessions in each day. You can choose whether to display 1 , 2 , 3 or 4 sessions by enabling or disabling the session number from indicator parameters.
  • View the market generated data at glance, such as IBR (the Initial Balance Range), VA (Value Area), POC (Point of Controls), Single Print, Half Back (Mid Line).
  • Mark price range levels by clicking additional price scale level created by the indicator.
  • View Splitted Profile (Segmented Profile).


Input Parameters:

  • Show Tick Volume Profile - Choose whether to show both Tick Volume Numbers and its Histogram, the Tick Volume Numbers only, or hide both.
  • Row Size in Pips - the number of pips for profile price compression.
  • -- Mini Grid Multiplier - Grid Lines = (Mini Grid Multiplier) * Row Size in Pips
  • -- Big Grid Multiplier - Thick Grid lines = (Big Grid Multiplier) * Grid Lines
  • Font Size - font size used to draw TPO.
  • IB Bar Numbers - the number of bars used for initial balance.
  • Show Session#1 - enable/disable session number 1.
  • -- Session#1 Name - the name of session number 1.
  • -- Session#1 Start Time - start time of session number 1.
  • -- Session#1 End Time - end time of session number 1.
  • -- Session#1 TPO Color - TPO color of session number 1.
  • Show Session#2 - enable/disable session number 2.
  • -- Session#2 Name - the name of session number 2.
  • -- Session#2 Start Time - start time of session number 2.
  • -- Session#2 End Time - end time of session number 2.
  • -- Session#2 TPO Color - TPO color of session number 2.
  • Show Session#3 - enable/disable session number 3.
  • -- Session#3 Name - the name of session number 3.
  • -- Session#3 Start Time - start time of session number 3.
  • -- Session#3 End Time - end time of session number 3.
  • -- Session#3 TPO Color - TPO color of session number 3.
  • Show Session#4 - enable/disable session number 4.
  • -- Session#4 Name - the name of session number 4.
  • -- Session#4 Start Time - start time of session number 4.
  • -- Session#4 End Time - end time of session number 4.
  • -- Session#4 TPO Color - TPO color of session number 4.
magicbirth
35
2017.11.25 10:48 
 

For Market Profile Traders this is probably the best one can ask for. Fantastic tool to visualize Price action.

Emil Vichev
64
2017.07.31 14:33 
 

Great tool Thank you

guledomar
37
2016.11.12 16:50 
 

Great Yani!

Thank you for an excellent profile addition to MT4

Mohamed Nabil
16119
2015.09.19 18:50 
 

Excellent

Alexandr Guzeev
167
2015.09.09 09:24 
 

отличный профиль работает

Version 1.53 - 2017.12.25
- Add IB Range information
- Add options to shows only the Tick Volume number and hide Volume Histogram
Version 1.51 - 2016.07.21
- Added a new feature: turn on/off tick volume profile
- Fixed crash when there is no 1 minute historical data available
Version 1.50 - 2016.06.03
Added volume at price and histogram, volume at price built from M1 (1 Minute timeframe).
Version 1.40 - 2016.03.04
Update on version 1.4:

- Added Information of TPOs Total(TPO-T), TPOs Above POC (TPO-AB), TPOs Below POC (TPO-BL)

- Configurable Horizontal Grid Lines

- Highlight price level by clicking on prices axis