VPO Profile MT4

5

Definition :

VPO is a Volume Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology.
In other words volume-price-opportunity (VPO) profiles are histograms of how many volumes were traded at each price within the span of the profile.
By using a VPO chart, you are able to analyze the amount of trading activity, based on volume, for each price level the market traded at for any given time period. The VPO Profile Chart study allows you to clearly see the areas where the market is trading with the max volumes.

The indicator can help determine Support-Resistance levels.


Inputs :

  • On Chart Profile Options
    • Enable/Disable
    • Profile Display Mode : Lines/Solid/Gradient/Bars/OutLine
    • Profile Alignment : Right/Left
    • Profile Periods : Session/Daily/Weekly/Monthly
    • Show Volume Text : Enable Text of Volumes
    • Number of Price Steps : Number of horizontal divisions of profile
    • VA Percentage : Percentage of Value Area
    • Number of Profiles (Sessions)
    • Session Start Time
    • Session End Time
  • On Side Profile Options
    • Enable/Disable
    • Profile Display Mode : Lines/Solid/Gradient/Bars/OutLine
    • Profile Alignment : Right/Left
    • Number of Days : Number of days included in profile calculation
    • Number of Price Steps : Number of horizontal divisions of profile
    • VA Percentage : Percentage of Value Area
    • Profile Size (% of Chart Width)
  • Visual Settings
    • On Chart Profile Color
    • On Chart Profile Back Color (for Gradient)
    • On Chart Profile Draw VA
    • On Chart Profile VA Color
    • On Chart Profile Draw POC
    • On Chart Profile POC Color
    • On Chart Profile POC Thickness
    • On Chart Profile Text Color
    • On Chart Profile Text Font Size
    • On Chart Profile Longitudinal Scale (%)
    • On Side Profile Color
    • On Side Profile Back Color (for Gradient)
    • On Side Profile Draw VA
    • On Side Profile VA Color
    • On Side Profile Draw POC
    • On Side Profile POC Color
    • On Side Profile POC Thickness

Buffers for programmers :

Manual of using buffers.


    Tips :

    • You can attach more than one indicator to a chart with different settings in these cases :
      • If you want multiple sessions on a day,
      • If you want both right and left on side histograms on a chart,
      • If you want 2 or more histograms overlapping each other.


    We are ready to help you for using the EA, Please don't hesitate to contact us.
    Visit our other useful utilities, Indicators and experts here.


    Avis 2
    Egbert0815
    259
    Egbert0815 2022.12.07 11:58 
     

    Genial jeder sollte damit arbeiten

    CasiousD
    873
    CasiousD 2022.05.19 18:08 
     

    Great volume profile indicator. I have tried many on MT4, but this is one of the best. Very custimizable to suit various strategies, and visually customizable as well to fit your preferred look. Looks great visually and does not slow down or crash MT4 or conflict with other indicators like many other volume profile indicators. Great job!!!

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    Indicateurs
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    Roberto Bonati
    Indicateurs
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    Indicateurs
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    Indicateurs
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    Indicateurs
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    Indicateurs
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    Indicateurs
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    Indicateurs
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    Benjamin Quispe Flores
    Indicateurs
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    Mati Maello
    Indicateurs
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    Roman Podpora
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    Indicateurs
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    Indicateurs
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    Kyra Nickaline Watson-gordon
    Utilitaires
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    Kyra Nickaline Watson-gordon
    Indicateurs
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    Filtrer:
    Egbert0815
    259
    Egbert0815 2022.12.07 11:58 
     

    Genial jeder sollte damit arbeiten

    CasiousD
    873
    CasiousD 2022.05.19 18:08 
     

    Great volume profile indicator. I have tried many on MT4, but this is one of the best. Very custimizable to suit various strategies, and visually customizable as well to fit your preferred look. Looks great visually and does not slow down or crash MT4 or conflict with other indicators like many other volume profile indicators. Great job!!!

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