This Indicator creates a heatmap based on depth of market of the current symbol or another symbol. Other symbol is useful when you trade futures market and a contract has 'mini' and 'full' split. For example, in Brazil (B3 - BMF&Bovespa), WDO and DOL are future Forex contract of BRL/USD (where 1 DOL = 5 WDO) and big banks work mostly with DOL (where liquidity is important).
Please use with M1 timeframe, objects are too small to be displayed at higher timeframes (MT5 limit). The number of levels in depth of market is important too (check with your broker if they can increase this value at server side). A low liquidity stock sometimes isn't good to use, but when you trade 'fraction share' (stocks) it's interesting to have the book of 'full share'. With a mid/high liquidity symbols (blue chips stocks, or futures), it's easier to see liquidity and what's happening at market maker side.
It's very important to read order flow and book dynamic, this indicator can be used with any market (Forex/CFD/etc) with depth of market.
The input inputMaxVolume is automatic when set to 0, a 5 seconds wait time is used to get the max volume, you can hard set it (it's better).
BookMap Heatmap save and recover historical data using local encrypted files. It can limit the number of minutes that DOM is displayed to avoid a lot of objects on screen (performance reasons), and display Other Symbol BID/ASK. BID/ASK can be based on MarketStatistics (Symbol information) or DOM information. When using DOM information, you can select Min Volume (best price of volume>=Minimal Volume) or Sum Volume (Mean price where volume>=Minimal Volume). These 3 options are important when using Other Symbol (futures/fraction share).
You can understand what market maker (liquidity) did and what values are "support" and "resistance" at liquidity easily using it with Volume At Price, this should be the best solution to scalper traders.
- DOMSymbol - Dom Symbol to display, blank = current.
- otherSymbolBID - Plot Other Symbol BID.
- clrBID - BID Color. -> NOT WORKING, FUTURE DEVELOPMENT
- volumeMinBID - BID Min Volume, 0 = inputMinVolume.
- otherSymbolASK - Plot Other Symbol ASK.
- clrASK - ASK Color. -> NOT WORKING, FUTURE DEVELOPMENT
- volumeMinASK - ASK Min Volume, 0 = inputMinVolume.
- inputMaxVolume - Max Depth of Market Volume.
- inputMinVolume - Min Depth of Market Volume.
- includeMinMaxAtColorScale - Scale Color based at Max/Min Volume.
- calcMode - Volume type.
- calcOnTimer - Force recalculate on timer (1 second).
- salveToFile - Save DOM to files.
- readFromFile - Read from File.
- readFromDate - Read From File Start Date.
- maxMinutes - Keep last X Minutes Objects.
- removeOnDeinit - Remove DOM Objects on deinitialization.
- calcBuffers - Calculate Buffers
- scaleBIDCoeff - Reescale BIDCoeff
- scaleASKCoeff - Reescale ASKCoeff
- divMicroPricePerBID - Divide Micro Price per BID
The best time to trade Using this Indicator is when the time reach exactly hour,half,45 minutes,15 minutes and sometimes 5 minutes This indicators is helpful to those who trade boom and crash indecies.How to read this indicator first you'll see Blue allow and Red allow all these allows used to indicate or to detect the spike which will happen so the allow happens soon before the spike happen.This indicator works properly only in boom and crash trading thing which you have to consider when y
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
The best time to trade Using this Indicator is when the time reach exactly hour,half,45 minutes,15 minutes and sometimes 5 minutes.. This indicators is helpful to those who trade boom and crash indecies.How to read this indicator first you'll see Blue allow and Red allow all these allows used to indicate or to detect the spike which will happen so the allow happens soon before the spike happen.This indicator works properly only in boom and crash trading thing which you have to consider when
Market Profile is an amazing tool! It is also known as Volume Profile. With it you can identify regions of strong and weak negotiation, finding regions of accumulation (support and resistance), thus seeing the market with other eyes. Instead of measuring each candle volume as default volume indicator does, the Market Profile measure the volume by price . Paid version: https://www.mql5.com/pt/market/product/38938 Configurations: MAIN OPTIONS From period - period to extractvolume data. To per
The Flexy Pro is best MT5 Indicator for trading BOOM, CRASH and all VOLATILITY INDEX by simply sending a pop up alert. Flexy is based on price that is ASK/BID price and then send a signal with entry point. You can enter as a BUYSTOP or SELLSTOP ORDER or wit for entry. TimeFrame: M15, M30, H1, H4, D1 INPUTS NUMBER OF BARS: 1 ENABLE SOUND: TRUE/FALSE NUMBER OF ALERTS: 0 ENABLE PHONE ALERTS: TRUE/FALSE
Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The indicator uses tick data to plot the historical tick chart for a particular setting and real ticks for plotting live charts. This method of calculation gives ve
Горячие клавиши плюс клик левой кнопки мыши на графике. Советник открывает сделки, выставляет лимитные и стоповые ордера, удаляет ордера и закрывает позиции, также делает реверс открытых позиций, выставляет прописанные в настройках стоп лосс и тейк профит. (реверс только на неттинговых счетах) При запуске советника можно посмотреть подсказку как действует советник при нажатии клавиши + клик на графике. Правее последнего бара, ниже цены Ctrl+ЛКМ - OpenSell Правее последнего бара, выше цены
Indicator specifications: -Based on ATR -Multi-timeframe. -Can be integrated in Expert Advisors(has buffer). -works on all time frame all kind of markets. -High accuracy. -For greater efficiency can optimize its settings. -You do not need to see the signal, you can enter the trade by hitting the price on the upper and lower bands. Version MT4: https://www.mql5.com/en/market/product/53508 Push Notification To get notification on your smart phone enable this input Email Alert
Trajecta Power is a Trading Signal Indicator Platform using evolutionary, non-repainting, and self adjusted algorithms of Trajecta Labs. Trajecta Power Signals: 1-Limit A, 2-Limit B, 3-Fast A, 4-Fast B, 5-Fractal A, 6-Fractal B, 7-Action A, 8-Action B, 9-Swing A, and 10-Swing Exclusive Advantages of Platform Version: Backtesting: from 2,000 bars to 50,000 bars Fast signal selection: 10 signals to test for each timeframe Panel personalization: adjustment of panel mode of exibition Descriptio
CEF Market Profile Day LVNs DAY LVN and POC Zones Description The indicator uses market profile theory to show the most relevant trading zones, on a daily basis. The zones to be shown are LVN (low volume nodes) and POC (point of control). An LVN zone is one which represents price areas with the least time or volume throughout the day. Typically, these areas indicate a supply or demand initiative, and in the future, they can turn into important breakout or retracement zones. A POC zone is one w
The market is unfair if only because 10% of participants manage 90% of funds. An ordinary trader has slim changes to stand against these "vultures". This problem can be solved. You just need to be among these 10%, learn to predict their intentions and move with them. Volume is the only preemptive factor that faultlessly works on any timeframe and symbol. First, the volume appears and is accumulated, and only then the price moves. The price moves from one volume to another. Areas of volume accumu
This indicator has been developed to identify and display these trends quickly and easily, allowing you to see instantly, those currency pairs which are trending, and those which are not – and in all timeframes, with just one click. The 28 currency pairs are displayed as a fan as they sweep from strong to weak and back again, and this is why we call it the ‘currency array’. All 28 pairs are arrayed before you, giving an instant visual description of those pairs that are trending strongly, those
The VSAMultiAnalize indicator serves to construct a horizontal volume profile and delta on the symbol graph ( VSA - Volume spread analysis ). The MT4 version is here . Construction can be performed in various ways. Input parameters: View Type. What is displayed on the chart. Volume by Range. The horizontal volume profile for the specified timeframe is the Target parameter. Previous and current. Two horizontal volume profiles for the current and past period (for example for the current and last d
Market profile was developed by Peter Steidlmayer in the second half of last century. This is a very effective tool if you understand the nature and usage. It's not like common tools like EMA, RSI, MACD or Bollinger Bands. It operates independently of price, not based on price but its core is volume. The volume is normal, as the instrument is sung everywhere. But the special thing here is that the Market Profile represents the volume at each price level. 1. Price Histogram The Price Histogram
For those who appreciate Richard Wyckoff approach for reading the markets, we at Minions Labs designed a tool derived - yes, derived, we put our own vision and sauce into this indicator - which we called Waves PRO . This indicator provides a ZigZag controlled by the market volatility (ATR) to build its legs, AND on each ZigZag leg, we present the vital data statistics about it. Simple and objective. This indicator is also derived from the great book called " The Secret Science of Price and Volum
Fibonacci and RSI. Demo versión only works with GBPUSD. For full version, please, visit visit https://www.mql5.com/en/market/product/52101 The indicator is a combination of the Fibonacci and RSI indicators. Every time the price touches one of the fibonacci levels and the rsi condition is met, an audible alert and a text alert are generated. Parameters number_of_candles : It is the number of candles that will be calculated. If you put 100, the indicator will give you the maximum and min
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
This is a professional trades copier with easy to use interface and fast rock solid execution. It has some unique functionality which is missing in other trades copiers (see details below). It can copy trades between both MT4 and MT5 terminals in any combinations. Supports "One to Many" and "Many to One" copying modes. This product can not be tested in strategy tester. Please, download demo version here: https://www.mql5.com/en/market/product/36142 Version for MetaTrader4 is available here:
The best time to trade Using this Indicator is when the time reach exactly hour,half,45 minutes,15 minutes and sometimes 5 minutes. This indicators is helpful to those who trade boom and crash indecies.How to read this indicator first you'll see Blue allow and Red allow all these allows used to indicate or to detect the spike which will happen so the allow happens soon before the spike happen.This indicator works properly only in boom and crash trading thing which you have to consider when
Market Profile helps the trader to identify the behavior if major market players and define zones of their interest. The key feature is the clear graphical display of the range of price action, in which 70% of the trades were performed. Understanding of the location of volume accumulation areas can help traders increase the probability of success. The tool can be used as an independent system as well as in combination with other indicators and trading systems. this indicator is designed to suit
Weiss Wave with lots of functionality and lightweight. The same can be used both in markets that have access to volume (REAL=Contracts, Tick=Business) or points! You will be able to: - Analyze the volume of the market by swings made! - Define the source of the data presented in the graphic, its size and color! Or simply hide this information! - Define whether or not to show the swings in the graph and how many swings! In addition to setting the trend line color, thi
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market
Traders know that paying attention to volume can make the crucial difference in understanding how the market will move. Information such as the traded volume, frequency of executed trades and the correlation of buyers and sellers at a certain time period expand our understanding of volume and can significantly improve the accuracy of our trading forecast. The Volume at Price (or VAP) indicator displays the cumulative traded volume for each price level during a time period, as well as the corr
Indicador Taurus All4 Taurus All4 O Taurus All4 é um indicador de alto desempenho, que indica a força da tendência e você pode observar a força da vela. Nosso indicador tem mais de 4 confirmações de tendência. É muito simples e fácil de usar. Modos de confirmação Confirmações de tendências de velas: Quando a vela muda para verde claro, a tendência é alta. Quando a vela muda para vermelho, a tendência está voltando para baixo. Quando a vela muda para vermelho escuro, a tendência é baixa.
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart ► www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
Indicator developed by the Brazilian and analyst Odir Aguiar (Didi), consists of "Moving Averages", famously known as "Didi needles", where it allows the viewing of reversal points. The concept is very simple, when you enter 3 Moving Averages on display, a period equal to 3, one equal to 8 and the other equal to 20, then the formation of the indicator that works in axis or line center equal to 0 (zero) appears. ). Moving averages must intersect when approaching line 0. The scanner monitor
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
The principle of this indicator is very simple: detecting the trend with Moving Average, then monitoring the return point of graph by using the crossing of Stochastic Oscillator and finally predicting BUY and SELL signal with arrows, alerts and notifications. The parameters are fixed and automatically calculated on each time frame. Example: If you install indicator on EURUSD, timeframe M5: the indicator will detect the main trend with the Moving Average on this timeframe (for example the Moving
The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
Dark Scalping is a fully automatic Expert Advisor for Scalping Trading and Intraday Trading. Dark Scalping is based on 4 different indicators, Rsi, Ma, Atr and Adx. The expert advisor is able to get a very high-rate of winning trades. Why do you choose a robot ? Backtest ? look at the pictures, Live Trading ? follow the link! https://www.mql5.com/en/signals/571485 The expert advisor was tested from mid-2017 to present on eurusd and other pairs. You can download the demo and test it yourse
Included BID/ASK coefficients (linear regression from price change and total order volume)
Micro price (can be div by BID to show only (0-1) values at indicator window)
Imbalance ( (bid-ask)/(bid+ask) )
Included new inputs allowing to display information from other symbol (useful for futures market when they have a 'mini' and a 'full' contract at same base symbol) and limit the number of objects in chart (performance)