Flat Volume Profile MT5
- Göstergeler
-
Keijinro Mizutani
Hello, I’m kotoha, a system designer focused on research-driven, rule-based trading tools for the MT5 platform.
My work centers on market structure analysis, swing dynamics, and Fibonacci-based logic. - Sürüm: 1.3
- Etkinleştirmeler: 5
Flat Volume Profile draws a volume profile on your MT5 chart from tick volume.
For each period it builds a price-by-price volume histogram and shows:
- POC (Point of Control): the price with the highest volume
- Value Area (VAH / VAL): the range containing 70% of the period volume (adjustable)
- VWAP for the period, with optional +/-1SD and +/-2SD bands (latest profile)
Period modes: Daily, Weekly, Rolling (last N bars) and Anchored (from any start time). Past profiles can be shown as well (default: 5 plus the current one).
Each bar's tick volume is allocated uniformly across the price bins it touches (50 bins by default). POC / VAH / VAL / VWAP are also exported as indicator buffers (0 = POC, 1 = VAH, 2 = VAL, 3 = VWAP), so other tools can read the values via iCustom.
The movable info panel shows the POC / VAH / VAL / VWAP prices, their distance from the current price in points, whether the price is inside, above or below the Value Area, the VA width, total tick volume and bar count. Drag it anywhere; the position is saved per symbol and timeframe.
Notes: FX/CFD has no centralised real volume, so the profile is built from tick volume and differs by broker. This is a display indicator: it does not place orders and does not guarantee any trading result.
Disclaimer: This product is an analysis tool. It does not provide investment advice and does not guarantee profit. Trading involves risk; please trade at your own responsibility.
