Volume Peak Zone

Volume Peak Zone is a professional MetaTrader 5 indicator that automatically identifies and visualizes high-volume price zones based on volume profile analysis. The indicator calculates volume distribution across specified price levels and highlights the zones with the highest trading activity, helping traders identify key support and resistance areas / Supply and Demand.

Key Features:

  • Dual Timeframe Support — Analyze volume zones from two independent timeframes simultaneously
  • Flexible Range Selection — Choose between automatic lookback periods or manual vertical line placement
  • Multiple Zone Detection — Configure up to multiple volume peak zones per timeframe with minimum gap enforcement to prevent overlapping
  • Real-Time Updates — Zones automatically recalculate when new candles form or parameters change
  • Visual Customization — Adjustable zone colors, padding, line width, and extension for personalized chart appearance
  • Non-Repainting Display — Historical zones remain fixed while current zones update in real-time

How It Works:

The indicator builds a volume profile by distributing tick volume across price rows within the specified time range. Each price row receives a proportional share of volume based on the overlap between the bar's price range and the row's price boundaries. The algorithm then identifies the highest volume zones and draws rectangles extending from the range start with configurable forward projection.

Use Cases:

  • Identify key support and resistance levels based on volume concentration
  • Spot institutional activity zones where large players have executed trades
  • Combine with price action analysis for high-probability entry and exit points
  • Validate breakout levels by confirming volume presence at price zones

Input Parameters Documentation

Range Mode Settings

  • Range Mode — Selects the method for defining the analysis range: RANGE_LOOKBACK uses a fixed number of bars from the specified timeframe, while RANGE_VERT_LINES allows manual placement of start and end vertical lines on the chart for custom range selection.

Timeframe 1 Settings

  • LockTimeframe1 — The timeframe used to determine the analysis range boundaries. When set to PERIOD_CURRENT , the indicator uses the chart's active timeframe. This affects how the lookback period is interpreted.
  • VolumeTF1 — The timeframe used for volume profile calculation. This can differ from the lock timeframe, allowing analysis of volume from a different timeframe than the range definition.
  • LookbackBars1 — Number of bars to analyze when RangeMode is set to RANGE_LOOKBACK . Higher values analyze more historical data but require more computation.
  • VolumeRows1 — Number of price rows used to build the volume profile. More rows provide finer granularity but may create noise; fewer rows provide smoother results.
  • ZoneCount1 — Number of top volume zones to display. The indicator identifies and marks this many highest-volume price levels.
  • ZonePadding1 — Additional padding around each zone in points. Expands the rectangle slightly beyond the detected volume boundaries for better visibility.
  • ZoneWidth1 — Line width of the rectangle borders. Higher values create thicker zone outlines.
  • MinZoneGap1 — Minimum distance (in price rows) between detected zones. Prevents zones from clustering too close together, ensuring distinct support/resistance levels.
  • ZoneExtension1 — Number of candles to extend the zone rectangles forward from the range end. Allows zones to project into future price action.
  • ZoneColor1 — Fill color for Timeframe 1 volume zones.

Timeframe 2 Settings

  • EnableSecondTF — Enables or disables the second timeframe analysis. When disabled, only Timeframe 1 zones are displayed.
  • LockTimeframe2 — Lock timeframe for the second analysis range. Useful for combining different timeframe perspectives (e.g., weekly zones with daily zones).
  • VolumeTF2 — Volume calculation timeframe for the second zone set.
  • LookbackBars2 — Lookback period for Timeframe 2 analysis.
  • VolumeRows2 — Number of price rows for Timeframe 2 volume profile.
  • ZoneCount2 — Number of zones to display for Timeframe 2.
  • ZonePadding2 — Padding in points for Timeframe 2 zones.
  • ZoneWidth2 — Line width for Timeframe 2 zone rectangles.
  • MinZoneGap2 — Minimum gap between Timeframe 2 zones.
  • ZoneExtension2 — Forward extension for Timeframe 2 zones in candles.
  • ZoneColor2 — Fill color for Timeframe 2 volume zones.

Technical Highlights

  • Zero indicator buffers — uses graphical objects for display
  • Efficient calculation with change detection — only rebuilds when necessary
  • Automatic duplicate prevention — Timeframe 2 disables if it matches Timeframe 1 configuration
  • Clean object management — all graphical objects are properly removed on deinitialization


Yazarın diğer ürünleri
Trade History Visualizer
Wael Tahar
Göstergeler
Trades History Visualizer is a MetaTrader 5 indicator that displays your trading history directly on the chart, providing a clear visual representation of past trades with additional information. Key Features: Visual trade history display with entry arrows Entry, Stop Loss, and Take Profit horizontal lines Color-coded connector lines between entry and exit points (green for profit, red for loss) Risk-Reward ratio display for each closed trade Profit/Loss amount display option Pip display option
Candle Timer and Spread Display
Wael Tahar
Göstergeler
Candle Timer and Spread Display is a lightweight MetaTrader 5 indicator that shows the remaining time until the current candle closes, with an optional spread display. The indicator helps traders track candle timing and monitor spread conditions directly on the chart. Key Features: Real-time countdown timer showing hours, minutes, and seconds until candle close Spread monitoring with live pip/point value display Flexible positioning - place the display in any of the four chart corners Customizab
DrillDown Timeframe
Wael Tahar
Göstergeler
DrillDown Timeframe is a MetaTrader 5 utility that enables seamless navigation between higher and lower timeframes with visual area highlighting. Draw a rectangle on any timeframe and instantly drill down to see the same price region on a lower timeframe. How it works: Set the Higher and Lower Timeframes in the indicator's variables (Example 1h / 15min) On the selected higher timeframe, press 'B' to create a draggable/resizable rectangle (Blue) in the visible chart area.  Select (double click o
Quick Symbol Switcher
Wael Tahar
Göstergeler
Quick Symbol Switcher is a lightweight MetaTrader 5 indicator that provides fast, keyboard-driven symbol switching directly from your chart. Type a prefix or alias, click or navigate with arrow keys, and instantly switch to any symbol in your Market Watch. Key Features: Instant Symbol Search: Type any prefix to filter symbols in real-time Keyboard Navigation: Use arrow keys to browse, Enter to select, Escape to close Mouse Click Support: Click any item in the dropdown menu to switch instantly Ca
Center Watermark
Wael Tahar
Göstergeler
Center Watermark is a lightweight and unobtrusive indicator that displays a customizable watermark text in the center of your MetaTrader 5 chart. Perfect for traders who want to clearly identify the current symbol and timeframe at a glance, or for content creators who need to brand their chart screenshots and recordings. This utility runs efficiently with zero indicator buffers and automatically centers itself on any chart size. The watermark stays in the background and does not interfere with c
Apply Template to All Charts
Wael Tahar
Yardımcı programlar
Apply Template to All Charts is a lightweight MetaTrader 5 utility script that instantly applies a chart template to all open charts with a single execution. Perfect for traders who manage multiple charts and want to maintain consistent visual settings, indicators, and color schemes across their entire workspace. The script automatically detects the correct template path and apply the. It provides detailed feedback including the template location, list of open charts, and success/failure counts.
Crosshair Sync
Wael Tahar
Yardımcı programlar
Crosshair Sync is a lightweight MetaTrader 5 utility that synchronizes your crosshair position across all open charts in real-time. When analyzing multiple timeframes or symbols, simply press Shift+X to activate the synchronized crosshair, and move your mouse to see the exact same time point highlighted on every chart simultaneously. Key Features: Multi-Chart Synchronization : Automatically syncs the vertical time line across all open charts, allowing you to analyze the same time point on differ
Position Tool Visualizer
Wael Tahar
Yardımcı programlar
Position Tool Visualizer is a visual trading utility for MetaTrader 5 that helps traders plan and manage their risk-reward ratios directly on the chart. The tool provides three draggable horizontal lines for Entry, Stop Loss, and Take Profit levels, along with filled rectangles showing the risk and reward zones. Key Features: Three Draggable Lines — Entry (blue), Stop Loss (red), and Take Profit (green) lines that can be moved freely on the chart Automatic RR Calculation — Displays the risk-rewa
Currency Strength Monitor
Wael Tahar
Göstergeler
Currency Strength Monitor is a professional multi-currency strength indicator for MetaTrader 5 that analyzes and displays the relative strength of 8 major currencies (USD, EUR, GBP, AUD, NZD, JPY, CHF, CAD) in real-time. The indicator calculates strength values by aggregating price movements across 28 currency pairs and normalizing them using ATR, providing traders with a clear visual representation of which currencies are strengthening or weakening. Key Features: Multi-Currency Analysis — Monit
Volume with EMA
Wael Tahar
Göstergeler
Volume with EMA is a professional volume indicator for MetaTrader 5 that displays tick volume with a configurable Exponential Moving Average (EMA) overlay. The indicator enhances volume analysis by color-coding bars based on candle direction and their position relative to the EMA, providing traders with clear visual cues for volume strength and market momentum. Key Features: Volume Histogram with Candle-Matched Colors — Volume bars are color-coded based on candle direction (bullish/bearish), mak
EMA Toggle
Wael Tahar
Göstergeler
EMA Toggle is a lightweight MetaTrader 5 indicator that displays up to 5 customizable Exponential Moving Averages (EMAs) with instant keyboard-toggle visibility. Each EMA can be independently configured with its own period, color, line width, and style, and toggled on/off using dedicated keyboard shortcuts for rapid chart customization during analysis. if you value a clean chart but still benefit from using EMAs, then this indicator is for you. Toggle on each EMA easily via the keyboard shortcut
EMA Zone
Wael Tahar
Göstergeler
EMA Zone is a professional technical indicator for MetaTrader 5 that visualizes the relationship between two Exponential Moving Averages (EMAs) by displaying a filled zone between them. This visual representation helps traders quickly identify trend direction, momentum strength, and potential pullback continuation zones. Key Features: Dual EMA Visualization — Displays both Fast and Slow EMA lines with customizable periods Zone Fill — Automatically fills the area between the two EMAs, making tren
Filtrele:
Değerlendirme yok
Değerlendirmeye yanıt