Delta Volume Profile Zones MT5

Paid release: Delta Volume Profile Zones MT5 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.

Delta Volume Profile Zones is a compact volume-profile indicator for traders who want price-level context without turning the chart into a crowded footprint screen.

It builds a rolling profile from recent candles and marks the key zones traders usually watch: Point of Control, Value Area High, Value Area Low, high-volume nodes, and low-volume areas. Version 1.20 adds a cleaner profile style and lets independent real-volume and tick-volume instances run together for direct comparison when both data sources are available.

Use it to:

• Identify where recent trading activity is concentrated.
• Find the Point of Control as the main acceptance level for the current lookback.
• Use Value Area High and Value Area Low as context for rotations, breakouts, and mean reversion.
• Spot high-volume nodes that may act as reaction zones.
• Spot low-volume areas where price may move quickly through thin participation.
• Compare bullish and bearish volume pressure inside each profile row.
• Compare an external real-volume profile with the chart's tick-volume profile on the same chart.

What it shows:

• Right-side volume profile drawn directly on the price chart.
• Blue/cyan profile rows with optional bullish and bearish volume splitting.
• Gold POC line for the highest-volume price row.
• Cyan VAH and VAL lines for the selected value area.
• Optional high-volume and low-volume zone highlights.
• Optional signal arrows for POC bias, value-area breakouts, and rejection setups.

Main features:

• Works on Forex, indices, metals, crypto, and synthetic symbols.
• Uses tick volume when real exchange volume is not available.
• Supports an external real-volume symbol when your terminal provides one.
• Uses unique instance IDs so real-volume and tick-volume profiles can coexist without deleting each other's objects.
• Optional clean-line profile mode reduces chart obstruction.
• Configurable lookback bars, profile rows, profile width, and value-area percentage.
• Optional bullish/bearish split for each profile row.
• Clean chart presentation designed for active intraday use.
• Hidden POC buffer for EA or strategy integration.
• Hidden signal buffer for EA or scanner integration.

Basic use:

1. Add the indicator to the chart.
2. Start with the default lookback and row settings.
3. Watch the POC to see where price is currently being accepted.
4. Use VAH and VAL to frame balanced and stretched price areas.
5. Use high-volume and low-volume rows as context, not as standalone trade signals.
6. For a direct comparison, add two copies with different InstanceId values. Enable UseExternalRealVolume on one copy and disable it on the tick-volume copy. Use different colors or ProfileShiftBars positions to separate them visually.

Inputs:

• InstanceId : unique name for each copy. Use different IDs when comparing two profiles on one chart.
• LookbackBars : number of recent candles used to build the profile.
• ProfileRows : number of price rows in the profile.
• ProfileWidthBars : maximum visual width of the profile.
• ProfileShiftBars : moves the profile horizontally so multiple instances can be compared side by side.
• ValueAreaPercent : percentage of total volume included in the value area.
• SplitBullBearVolume : separates estimated bullish and bearish volume inside each row.
• CleanLineBars and CleanLineWidth : switch from filled rows to compact profile lines and control their thickness.
• UseExternalRealVolume : opt-in switch that reads the configured external volume symbol when available. The Market-safe default is off.
• ExternalRealVolumeSymbol : symbol containing the external real-volume series.
• FallbackToChartVolume : uses broker/chart volume if the external source is unavailable.
• ShowPointOfControl , ShowValueArea , and ShowHighLowVolumeZones : control the main visual layers.
• ShowSignals : enables chart arrows and signal-buffer output.
• SignalScanBars : number of recent bars checked for breakout and rejection signals.
• MinSignalDistanceBars : minimum spacing between chart arrows.
• SignalArrowOffsetPoints : distance between arrows and candles.

Buffer:

• Buffer 0: current Point of Control price.
• Buffer 1: current signal value.
• Buffer 2: buy arrow price.
• Buffer 3: sell arrow price.

Signal values:

• 1 : bullish POC cross.
• 2 : bullish VAL rejection.
• 3 : bullish VAH breakout.
• 4 : current bullish POC bias.
• -1 : bearish POC cross.
• -2 : bearish VAH rejection.
• -3 : bearish VAL breakdown.
• -4 : current bearish POC bias.

Volume data note: real volume is only used when the terminal or configured external symbol actually supplies it. Otherwise the fallback uses chart/broker volume. MT4 commonly exposes tick volume; MT5 availability depends on the symbol and broker.

Important note: this is a technical analysis tool. It does not guarantee profitable trades. Confirm readings with price action, session context, and risk management.

Signals

• Green arrows mark bullish POC bias, value-area breakouts, or lower-value-area rejections.
• Red arrows mark bearish POC bias, value-area breakdowns, or upper-value-area rejections.
• The signal buffer is designed for EA and scanner integration.