Market Profiles Linear United

Basic information.

The "Market Profiles Linear United" indicator combines two ways of displaying information:

• The lower subwindow contains a volume histogram with a moving average.
• The main window contains Market Profile diagrams.
  

The trader can choose one of three types of information display, independently for each of the windows:

1. Simple Linear. This method is shown in screenshot 1. Profiles and a histogram of volumes represent a regular volume related to a specific candle or profile level.
2. Buy & Sell. In this case, the volume is divided into two parts. The volume "to buy" and the volume "to sell". This method is shown in screenshots 3 and 4.
3. Delta. This method displays the difference between the volumes "to buy" and "to sell". This method is demonstrated in screenshots 2 and 4.

In the input parameters, the trader can choose one of two options for using the source data, Volumes Type:

• Tick Volume - for working on Forex.
• Real Volume - for working with real volumes.
  

Histogram in the subwindow.

Market Profiles.

For the profile collection, the trader can select the appearance options: Horizontal size, color, thickness of the level lines, the number of visible profiles.

The main setting of the Market Profiles is the timeframe for which the Market Profiles are built:

• Target TF - By default, this is the daily timeframe.

For calculations, the indicator uses one of three calculation accuracies, which affect the number of profile levels:

• Exactly.
• Middle - used by default.
• Rough.

Value Area.

Value Area is a range of price values ​​within which about 70% of all transactions per day are made. The trader can control the appearance of the Zone, disable its display and control the size (VA data, percent) in the input parameters.

Profile Levels.

The indicator can display three levels on the Profiles:

1. Vwap.
2. POC.
3. Median.

The display of each level and its appearance are configured separately in the input parameters.

Alerts on Market Profiles.

• POC change – Change in the POC position by the amount of POC Multiplier points.
• Crossing … - Price crossing the VAL, VAH, POC, Vwap, Median levels.

Alert Types.

To reliably inform the trader about the events that are taking place, a choice of one of the notification methods is provided (the method is the same for all notifications):

• No Signal - No notifications
• Simple Print - Simple output to the log
• Sound - Sound signal
• Push - Notification
• Email - Message to email
• Push + Sound + Message - Combined notification
• Email + Sound + Message - Combined notification
• Push + Email - Combined notification
• Push + Email + Sound + Message - Combined notification

If purchased, the "Market Profiles Linear United" indicator will be an excellent addition to the trader's arsenal, will prompt the exact entry and closing levels of a position, and will protect against mistakes. Do not forget about this))