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Fixed Range Volume Profile MT5

30 USD

Demo downloaded: 384

Published: 26 April 2023

Current version: 1.2

Fixed Range Volume Profile MT5

Name: Fixed Range Volume Profile MT5
Price: 30.00 USD
Author: Abdelkhabir Yassine Alaoui

Indicators
Abdelkhabir Yassine Alaoui
Abdelkhabir Yassine Alaoui
Morocco

5648
4.6 (3)
13 products
Version: 1.2
Updated: 1 April 2024
Activations: 10

Fixed Range Volume Profile for MT5

This indicator shows where the price has spent more time, highlighting important levels that can be used in trading.

and can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible to use a free-draw rectangle session to create a custom market profile on any timeframe. Six different color schemes are available to draw the profile's blocks. Drawing profiles as a plain color histogram is also possible. Alternatively, you may choose to color the profile based on bullish/bearish bars. This indicator is based on bare price action and does not use any standard indicators.

A system of alerts is available for price crossing the levels of Value Area high and low, Median, and Single Print zones.

Input Settings :

StartFromDate (default = __DATE__) — if StartFromCurrentSession is false, then the indicator will start drawing profiles from this date. It draws to the past. For example, if you set it 2018-01-20 and SessionsToCount is 2, then it will draw the profiles for 2018-01-20 and 2018-01-19.

Session (default = Daily) — trading session for market profile: Daily, Weekly, Monthly, Intraday, and Rectangle. For a rectangle session to get calculated, a rectangle chart object with the name starting with MPR should be added to the chart. Pressing 'r' on the keyboard will add a properly named rectangle object automatically.

StartFromCurrentSession (default = true) — if true, then the indicator starts drawing from today, else — from the date given in StartFromDate.

SeamlessScrollingMode (default = false) — if true, the StartFromDate and StartFromCurrentSession parameters are ignored; the sessions are calculated and displayed starting from the current chart position's rightmost bar. This allows scrolling back in time indefinitely to view past sessions.

ValueAreaPercentage (default = 70) — a percentage share of the session's TPOs to include in the Value Area.

SessionsToCount (default = 2) — for how many trading sessions to draw the market profiles.

EnableDevelopingPOC (default = false) — if true, multiple horizontal lines will be drawn to depict how the Point of Control developed through the session.

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Support And Resistance indicator that can display round levels and zones . It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target. If an asset price is moving down and bounces back up, the level is called support (think: price floor). If an asset price is moving upward and hits a level where it reverses downward, this is called resistance (think: price ceiling).

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This is a classic trading strategy based on two Moving Averages crossover. customized for usdjpy with a Good risk management strategy RR 1/2 . ( Long when fast MA crosses slow MA from below and Short when fast MA crosses slow MA from above ) TF : 5MIN MAX Lot size to use : 2% e.g : Balance =100 => lot size = 0.02 Balance =1000 => lot size = 0.20 Balance =10000 => lot size = 2 ------

FREE

This indicator Displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. you can also set alert : Email, and push notifications.

FREE

Trade Assistant For MT5 Institutional-Grade Trade Management Panel for Precision & Control Take full control of your trading with Trade Assistant For MT5 — a professional-grade execution and management panel designed for traders who demand speed, accuracy, and disciplined risk control . Built with performance and usability in mind, this tool transforms your MetaTrader 5 chart into a complete trading workstation , allowing you to execute, manage, and protect trades with confidence. Why Trade

30 USD

Smart Money Concepts MQL5 – Full Historical Market Structure Indicator Smart Money Concepts MQL5 v4 is a powerful all-in-one market structure indicator designed for advanced traders who follow institutional trading logic. Converted from Pine Script and fully optimized for MetaTrader 5, this tool delivers accurate, real-time and historical visualization of Smart Money Concepts (SMC) directly on your chart. Unlike most indicators, it processes and draws complete historical data , allowing you to

30 USD

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Anton du 2024.03.27 18:52 #

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5648

Reply from developer Abdelkhabir Yassine Alaoui 2024.04.01 13:54 #

it work , you just you don't know how to use it ( Certain brokers don't provide volume data . this indicator won't work if there no volume data provided from the broker server )

fred6531 2023.04.27 11:18 #

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Sarah 2023.04.27 10:33 #

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