Bookmap pro

FREE Bookmap Volume Heatmap Indicator

Overview

The Bookmap Volume Heatmap is a custom MetaTrader 5 (MQL5) indicator that creates a visual heatmap of trading volume distribution across price levels, similar to professional trading platforms like Bookmap. It provides traders with a clear visualization of where significant trading activity has occurred within a specified price range.

Key Features

1. Volume Distribution Visualization

  • Creates color-coded rectangles on the chart representing volume intensity at different price levels

  • Uses a grid system with configurable number of price levels (default: 50)

  • Color gradient indicates volume intensity:

    • Dark Blue: Low volume (0-25%)

    • Blue: Medium volume (25-50%)

    • Yellow: High volume (50-75%)

    • Red: Maximum volume (75-100%)

2. Customizable Parameters

  • GridLevels: Number of price levels to analyze (10-100 recommended)

  • BarsToAnalyze: Historical bars to process for volume calculation

  • Color Scheme: Fully customizable colors for different volume intensities

  • Transparency: Adjust transparency of heatmap overlay

  • Panel Display: Toggle information panel on/off

3. Information Panel

  • Real-time statistics display including:

    • Number of bars analyzed

    • Total price levels

    • Price range

    • Total volume

    • Maximum volume per node

    • High volume nodes count (>70% of max volume)

    • POC (Point of Control) - price level with highest volume

    • Color legend for volume intensity

4. Technical Implementation

  • Memory Efficient: Uses object-based drawing rather than indicator buffers

  • Automatic Updates: Timer-based refresh (every second)

  • Chart Integration: Properly cleans up objects on deinitialization

  • Price Range Detection: Dynamically calculates min/max prices from analyzed bars

How It Works

Volume Calculation Process:

  1. Price Range Detection: Identifies highest and lowest prices from analyzed bars

  2. Grid Creation: Divides price range into equal segments (GridLevels)

  3. Volume Distribution: Distributes each bar's volume across price levels it touched

  4. Intensity Normalization: Calculates relative volume intensity (0-100%)

  5. Visual Rendering: Draws colored rectangles based on volume intensity

Key Algorithms:

  • Volume Accumulation: Aggregates volume at each price level

  • POC Detection: Identifies price with maximum volume concentration

  • Dynamic Scaling: Automatically adjusts to current price range

Trading Applications

1. Support/Resistance Identification

  • High volume nodes indicate significant support/resistance levels

  • Price levels with maximum volume (red zones) often act as key turning points

2. Volume Profile Analysis

  • Understand where volume is concentrated in the current price range

  • Identify volume voids (low volume areas) for potential breakout targets

3. Market Structure Analysis

  • Visualize volume distribution across the price range

  • Identify accumulation/distribution zones

4. Trade Entry/Exit Points

  • High volume areas can provide better liquidity for entries/exits

  • Low volume areas may indicate stop-loss hunting zones

Advantages

Compared to Traditional Volume Indicators:

  • Spatial Context: Shows volume relative to price levels, not just time

  • Visual Clarity: Color gradients make volume distribution immediately apparent

  • Historical Context: Shows volume profile over specified bar history

  • Multi-timeframe Analysis: Works on any timeframe while showing historical accumulation


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Antonio-alin Teculescu
5 (1)
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Siarhei Vashchylka
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Ihor Otkydach
4.83 (23)
Size mükemmel bir teknik gösterge olan Grabber’ı tanıtıyorum. Bu araç, kullanıma hazır bir “her şey dahil” işlem stratejisi olarak çalışır. Tek bir yazılım kodu içinde güçlü piyasa teknik analiz araçları, işlem sinyalleri (oklar), uyarı işlevleri ve push bildirimleri entegre edilmiştir. Bu göstergeyi satın alan herkes aşağıdaki hediyeleri ücretsiz olarak alır: Açık emirleri otomatik yönetmek için Grabber Yardımcı Aracı Kurulum, yapılandırma ve nasıl işlem yapılacağını adım adım anlatan video kıl
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Daniel Stein
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Bernhard Schweigert
4.53 (15)
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Roman Podpora
3.67 (3)
Bu gösterge, fiyat dönüş noktalarını ve fiyat geri dönüş bölgelerini doğru bir şekilde gösterir.       Başlıca oyuncular   . Yeni trendlerin nerede oluştuğunu görüyorsunuz ve her işlem üzerinde kontrolü elinizde tutarak, azami hassasiyetle kararlar alıyorsunuz. TREND LINES PRO   göstergesiyle birlikte kullanıldığında maksimum potansiyelini ortaya koyar.  VERSION MT4 Göstergenin gösterdiği şey: Yeni bir trendin başlangıcında aktivasyonla birlikte tersine dönüş yapıları ve tersine dönüş seviyeler
Market Structure Order Block Dashboard MT5 , MT5 için bir indikatördür . Piyasa yapısı ve ICT / Smart Money Concepts yaklaşımına odaklanır: HH/HL/LH/LL , BOS , ChoCH , ayrıca Order Blocks , Fair Value Gaps (FVG) , likidite (EQH/EQL, sweeps), seanslar / Kill Zones ve entegre Volume Profile ile kompakt bir confluence dashboard sunar. Önemli: Bu bir analiz aracıdır . İşlem açmaz (EA değildir). Alıcı Bonusu Satın aldıktan sonra mağazamdan seçerek 2 bonus indikatör ücretsiz alabilirsiniz. Bonusları
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Alexey Minkov
5 (7)
The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time frames, although it is recommen
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Muhammad Jawad Shabir
5 (1)
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Hangi stratejinin sizin sembolunuzde gercekten calistigini gorun - gercek paranizi riske atmadan once. Power Bar, herhangi bir sembol ve herhangi bir zaman diliminde asiri fiyat barlarini tespit eder, ardindan 3 farkli islem stratejisini aninda geriye donuk test eder. Boylece kazanma oranlarini, kar faktorlerini ve P&L'yi yan yana karsilastirabilirsiniz. Tek bir interaktif panelde. Tahmin yok. Esriye uydurma yok. Sadece veri. Power Bar'i benzersiz yapan nedir? Cogu indikator size bir sinyal ver
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FREE FREE FREE Trade Assistant MT5 – Professional Trading & Risk Management Panel Trade Assistant MT5 is an advanced trading panel designed to help traders execute orders faster, safer, and more professionally . It simplifies manual trading by combining smart order management , precise risk control , and one-click execution , making it ideal for both beginners and advanced traders. This tool does not trade automatically . Instead, it empowers you with full control while applying professional-gra
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
swing trading logic and professional MQL5 development at first glance. The candlestick chart in the center represents real market structure, showing both bearish (red) and bullish (green) movements. This highlights the indicator’s ability to capture medium-term price swings , not just short scalps. The transition from red candles on the left to green candles on the right visually communicates trend reversal and continuation , which is the core of swing trading. The curved arrows play an importa
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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US30 breakout AI support
Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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Ahmed Mohammed Bakr Bakr
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