ShiftedPriceDensitySet

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:

• Time shifts (past offset in bars),

• Analysis depths (look-back periods),

• Level selections (top N most frequent price levels).

Each output set displays:

• The most frequently traded price levels within a specific historical range,

• Their frequency of occurrence,

• Horizontal lines plotted directly on the main chart with custom color and width.

This allows you to:

• Identify price zones where the market paused or reversed,

• Track evolving liquidity zones over time,

• Discover repeating clusters of market activity.

⚙️ How It Works

The indicator performs the following actions:

1. Initializes multiple handles for the PriceDensity indicator.

2. For each time shift:

   • It calculates a unique depth ( BaseDepth + DepthStep * i ),

   • Retrieves the most frequent price levels and their frequencies,

   • Draws non-extending horizontal lines from tStart to tEnd on the chart,

   • Lines are named using the Prefix and indexed for easy removal.

All graphical objects are automatically cleaned up upon removal.

🔧 Input Parameters

📌 Key Features

• Dynamic multi-period analysis of price distribution.

• Detects recurring market structure zones that are not visible on standard charts.

• Customizable visualization: choose the number of levels, time shifts, depth granularity.

• Minimal visual clutter: draws levels directly on the main chart without subwindows.

• Instrument-agnostic: works with any trading symbol – FX, stocks, futures, crypto.

✅ Benefits for Traders

• Easily spot support/resistance levels based on historical market behavior.

• Identify price areas with recurring liquidity – even across different market phases.

• Enhance your entry/exit precision using data-driven levels.

• Works seamlessly with price action, volume profile, and order block strategies.

⚠️ Requirements

• Requires the PriceDensity.ex5 indicator to be installed in the Indicators directory.

• 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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