Duchesne Session Volume Profile
- Индикаторы
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Eliott Noah Duchesne
MQL5 and Pine Script developer based in France. I turn your trading rules into clean, commented and tested tools.
What I build
- MT5 Expert Advisors: entries and exits, risk-based lot size, time filters, trailing stop, prop firm risk rules
- MT5 indicators with alerts and dashboards - Версия: 1.0
Duchesne Session Volume Profile draws a volume profile for each trading session directly on the chart, so you can see at which prices the market traded most during the Asian, London and New York sessions. Main features - Volume profile for each session: Asia, London, New York, all three sessions, the full day or a custom time range - Point of control (POC), value area high (VAH) and value area low (VAL) for every session - Developing profile for the current session, updated on every new M1 bar - Naked POCs: POCs that price has not revisited are extended to the right until price reaches them - Optional popup and push alerts when price reaches a naked POC - Information panel: current session, POC, value area, position of price and nearest naked POC - Tick volume or real volume, adjustable number of price rows, value area percentage, histogram width and colors How it works The indicator reads the M1 history and spreads the volume of each M1 bar over the price rows it covers. The row with the highest volume is the POC. The value area is built around the POC until it contains the chosen share of the session volume (70 % by default). Session times Session times are set in broker server time. The default values fit brokers whose server time follows the New York close (GMT+2 in winter, GMT+3 in summer). If your broker uses another time zone, adjust the session inputs (format HH:MM-HH:MM). Recommended use Works on any symbol. Timeframes from M1 to H1 give the clearest picture. The indicator needs M1 history for the displayed days. Inputs - Sessions to profile: Daily, Asia, London, New York, Asia + London + New York, or Custom - Number of days to display - Asia, London, New York and Custom session times (server time) - Price rows per profile - Value area (% of session volume) - Histogram width (% of session length) - Volume source: tick volume or real volume - Show VAH / VAL lines, show price labels (on the last N sessions), extend naked POCs - Popup alert and push notification when price reaches a naked POC - Show information panel - Colors of the histogram, value area, POC, VAH / VAL lines, naked POCs and labels This indicator is an analysis tool. It does not open trades and does not give trading signals.
