Volume Profile Mql5 Class: Based on Forex Sessions

1)     VP Histogram(s)

a)    VP Histo(a): Based on FxSession(s) or Daily Period plotted on Intraday Timeframe Chart.

b)    VP Histo(b): Based on Weekly or Monthly Period plotted on the right hand side of the Chart.

c)    Forex Market Session based on library from https://www.mql5.com/en/code/48842. The library takes care for DST and Broker’s Offset.

i)      Variable useFxSession = true, then three VPs on intraday chart:

(1)   SydneyStart to LondonStart

(2)  LondonStart to NewYorkStart

(3)  NewYorkStart to SydneyStart

ii)    Variable useFxSession = false, then plot single VP on intraday chart for Daily period.

d)    Calculation Timeframe:

i)      For FxSession and Daily VP, the data should be calculated on PERIOD_M1.

(1)   For Broker’s current day, FxSession VPs shall be plotted as the day progress and FxSession become active. Current active session should be kept updating on PERIOD_M1.

(2)  For Daily VP current day data should be kept updated on PERIOD_M1.

ii)    For Weekly and Monthly VP, the data should be calculated on PERIOD_M5.

(1)   Weekly or Monthly VPs should be kept updating on PERIOD_M5.