ShiftedPriceDensitySet
- Indicatori
- Andriy Sydoruk
- Versione: 1.0
- Attivazioni: 5
ShiftedPriceDensitySet – Advanced Price Density Level Analysis with Time Shifts
Input parameters
- TopLevelsToShow 10 Levels in each set
- NumberOfShifts 10 Number of sets
- ShiftSpacing 20 Shift step between sets
- BaseDepth 100 Starting depth
- DepthStep 20 Depth increment per set
- PriceStep 0.0001 Minimum price difference between levels
- PriceSource PRICE_CLOSE Source price type
- LevelColor clrDodgerBlue Level line color
- LevelWidth 2 Level line thickness
- Prefix "" Object prefix for naming
ShiftedPriceDensitySet is a powerful professional indicator for MetaTrader 5, designed to visualize key price density levels across multiple time-shifted segments of historical data. It builds multiple instances of the embedded PriceDensity indicator with configurable depth and shift settings to reveal consistent price clusters that often act as support/resistance zones or areas of strong market interest.
This is an ideal tool for level-based traders, volume profile enthusiasts, and market structure analysts who want to identify recurring zones of high liquidity and institutional footprints in price history.
🔍 What Does It Do?
ShiftedPriceDensitySet automatically runs the PriceDensity indicator multiple times with different:
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Time shifts (past offset in bars),
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Analysis depths (look-back periods),
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Level selections (top N most frequent price levels).
Each output set displays:
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The most frequently traded price levels within a specific historical range,
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Their frequency of occurrence,
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Horizontal lines plotted directly on the main chart with custom color and width.
This allows you to:
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Identify price zones where the market paused or reversed,
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Track evolving liquidity zones over time,
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Discover repeating clusters of market activity.
⚙️ How It Works
The indicator performs the following actions:
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Initializes multiple handles for the PriceDensity indicator.
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For each time shift:
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It calculates a unique depth ( BaseDepth + DepthStep * i ),
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Retrieves the most frequent price levels and their frequencies,
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Draws non-extending horizontal lines from tStart to tEnd on the chart,
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Lines are named using the Prefix and indexed for easy removal.
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All graphical objects are automatically cleaned up upon removal.
🔧 Input Parameters
| Parameter | Description |
|---|---|
| TopLevelsToShow | Number of top density levels displayed per shift. |
| NumberOfShifts | Total sets of shifted historical segments to analyze. |
| ShiftSpacing | Time shift step (in bars) between sets. |
| BaseDepth | Initial depth of historical analysis (in bars). |
| DepthStep | Additional depth per each shifted segment. |
| PriceStep | Minimum price step used for density calculation. |
| PriceSource | Applied price source (Close, Open, High, Low, etc.). |
| LevelColor | Color of horizontal levels. |
| LevelWidth | Line thickness for plotted levels. |
| Prefix | Optional prefix for object names on the chart. |
📌 Key Features
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Dynamic multi-period analysis of price distribution.
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Detects recurring market structure zones that are not visible on standard charts.
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Customizable visualization: choose the number of levels, time shifts, depth granularity.
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Minimal visual clutter: draws levels directly on the main chart without subwindows.
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Instrument-agnostic: works with any trading symbol – FX, stocks, futures, crypto.
✅ Benefits for Traders
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Easily spot support/resistance levels based on historical market behavior.
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Identify price areas with recurring liquidity – even across different market phases.
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Enhance your entry/exit precision using data-driven levels.
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Works seamlessly with price action, volume profile, and order block strategies.
⚠️ Requirements
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Requires the PriceDensity.ex5 indicator to be installed in the Indicators directory.
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For best performance with many time shifts, use on a modern PC or VPS.
👨💻 About the Developer
Andrii Sydoruk is a senior MQL5 developer with over 15 years of experience in algorithmic trading, data visualization, and market structure analysis.
📨 Email: andriisydoruk@gmail.com
🔗 Official MQL5 Market Profile
📈 Upgrade your market analysis with ShiftedPriceDensitySet – trade with data-backed confidence!
Reveal where the market really traded — not just where price passed through.
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