Good indicator. Worth the buy, very comprehensive work. Definitely going to look into the rest of their price volume indicators.
Volume by Price MT4
The Volume by Price indicator shows the total amount of volume for user-specifiable price zones, i.e., price-volume levels, as a horizontal histogram. The Volume Profile can optionally be shown as a line graph. The Market Profile (TPO) shows the amount of price activity for volume-price levels by specified time periods and identifiers. The Volume by Price indicator is seen as essential tool for technical analysis which can be used to identify approximate areas of low and high volume and price activity. A wide variety of profiles can be made and combined to identify these areas which can be interpreted as key price levels such as support and resistance. This indicator provides detailed views on valuable volume price relations.
Main features
- Powerful technical indicator to estimate levels of support and resistance
- Easily import real volume and open interest data
- Aggregrate future contracts data -by highest trade activity
- Volume profiles and Time Price Opportunity Market profiles
- Synthesize data by method of time and time price
- Practical insight into trading activity per price zone with tick volume
- Analytical perspectives on value of trading volume per price zone with real volume
- Identify price reversals and movements
- Highly customizable profiles. Wide variety volume and market profiles per dataset
- Selected or all available time frames. Multi-timeframe
- Multiple profiles on the same chart and profile pairing
- Versatile graphical and analytical drawing functions
- Highlight Value Areas High/Low (VAH/VAL) and High/Low Volume Nodes (HVN/LVN) with adjustable algorithm
- Identify multiple Volume Points of Control (VPOC)
- Control keys to toggle display of selection tools and profiles
- Notifications by mobile app, email, sound alert. Match VPOC, VAL and VAH proximity
- Create volumes profiles using Drag & Drop with mouse. Both price- and time range together, and separately
- Detailed user manual with examples
Parameters
- Volume Profile - Histogram
- Volume Profile - Line Graph
- Market Profile - Letter-Based
- Market Profile - Block-Based
- Data Time Range - total time range of price-volume dataset
- All Data
- Drag & Drop Select
- Visible Chart Window Time Range
- Specified Start to Specified End
- Data Price Range - total price range of price-volume dataset
- All Data
- Drag & Drop Select
- Visible Chart Window Price Range
- Specified Start to Specified End
- Data Volume, Time Frame - data of time frame(s) used for price-volume dataset
- Chart Time Frame
- All Available Time Frames
- M1, M5, M15, M30, H1, H4, D1, W1
- Data Price Zone - method to set price zone size
- Price Range per Zone
- Pixels per Zone
- Amount of Zones by Chart Scale
- Amount of Zones per Chart
- Draw Highlight VPOC - volume point of control
- Draw Highlight VAL/VAH - value areas high and low
- Draw Highlight VAL/VAH Bounds
- Draw Highlight HVN's and LVN's - high and low volume nodes
- Draw Highlight Volume Positive/Negative
- Single
- Divide
- Divide, Largest on top
- Subtract
- Notification - point of control, value area high and low proximity, in points or zones
- App Push
- Popup Alert
- Sound Alert
- Global Variable
- Volume
- Tick Volume
- Real Volume
- Custom Volume
- Data Volume Custom, Synthesize - synthesize data for specified time frame(s)
- Time and Price
- Price
- Data Volume Custom, Aggregrate - aggregrate series method
- By Highest Trade Activity
For a list of all features, full parameter specifications, examples and more details about the indicator please refer to the user manual.
References
| Articles: |
► Synthetic Volume Data - Price Volume Indicators
► Aggregrated Future Contract and Stock Real Volume with Forex and CFD's - MT4 & MT5
► High Probability Analysis to Identify Price Reversal and Movement - Price Volume Indicators
► Tick Volume and Real Volume - Price Volume Indicators
► Cryptocurrency Volume Profiling - Bitcoin 5 Years Historical M1 Data
| Videos: |
| Additional features: |
Unlimited amount of volume profiles on the same chart.
► Volume by Price Pro Indicator
| 1. ^ "Volume by Price" VBP formula is also known as "Volume at Price", VAP, "Volume on Price", VOP, "Volume per Price", VPP, "Price by Volume", PBV, "Price at Volume", PAV, "Price on Volume", POV, and "Price per Volume", PPV |
视频
Taishiro Takahashi
2019.03.26 06:12
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版本 3.44
2019.04.24
performance improvements
版本 3.43
2019.04.24
several improvements
reset parameter default values
reset parameter default values
版本 3.42
2019.04.23
feature upgrade
版本 3.36
2019.04.21
feature upgrade
版本 3.33
2019.04.20
performance improvements
版本 3.32
2019.04.20
several improvements
reset parameter default values
reset parameter default values
版本 3.31
2019.04.20
feature upgrade
版本 3.29
2019.04.19
feature upgrade
版本 3.28
2019.04.18
various feature updates
版本 3.27
2019.04.17
extended drawing functions
版本 3.26
2019.04.17
performance improvements
版本 3.25
2019.04.16
performance improvements
版本 3.24
2019.04.16
several improvements
版本 3.23
2019.04.16
various feature updates
版本 3.22
2019.04.15
performance improvements
版本 3.21
2019.04.15
feature upgrade
版本 3.17
2019.04.14
several improvements
版本 3.16
2019.04.14
various feature updates
reset parameter default values
reset parameter default values
版本 3.15
2019.04.13
several improvements
版本 3.13
2019.04.13
performance improvements
版本 3.11
2019.04.12
feature upgrade
various feature updates
various feature updates
版本 3.7
2019.04.10
several improvements
版本 3.5
2019.04.08
various feature upgrades
版本 3.1
2019.04.05
changed various parameter defaults
版本 3.0
2019.04.05
various feature upgrades
performance improvements
performance improvements
版本 2.49
2019.04.04
various feature updates
版本 2.44
2019.04.03
feature upgrade
版本 2.41
2019.04.03
feature upgrade
版本 2.39
2019.04.01
feature upgrade
版本 2.37
2019.04.01
several improvements
版本 2.36
2019.04.01
various feature updates
版本 2.34
2019.03.30
several improvements
版本 2.33
2019.03.29
various feature updates
版本 2.32
2019.03.28
several improvements
版本 2.31
2019.03.26
feature upgrade
版本 2.30
2019.03.26
several improvements
版本 2.26
2019.03.22
various feature upgrades
版本 2.24
2019.03.20
extended data functions
版本 2.22
2019.03.20
extended drawing functions
版本 2.21
2019.03.19
performance improvements
版本 2.20
2019.03.19
various feature upgrades
版本 2.18
2019.03.18
changed parameter 'Buffer Limit' default to max
版本 2.17
2019.03.18
several improvements
版本 2.16
2019.03.18
several improvements
版本 2.15
2019.03.18
various feature upgrades
版本 2.2
2019.02.26
extended drawing functions
版本 2.1
2019.02.24
added input parameter "Draw Height Subtract"
added input parameter "Draw Anchor, Time"
added input parameter "Draw Anchor, Time"
版本 2.0
2019.02.22
performance improvements
extended drawing functions
extended drawing functions
版本 1.9
2019.02.22
performance improvements
extended drawing functions
added input parameter "Border Merge"
extended drawing functions
added input parameter "Border Merge"
版本 1.8
2019.02.21
fixed incorrect link properties
版本 1.7
2019.02.20
added new feature "Snap Time"
版本 1.5
2019.02.18
improvements strategy tester
various feature updates
various feature updates
版本 1.3
2019.02.15
stability and performance improvements
fixed issue strategy tester
fixed issue strategy tester
版本 1.2
2019.02.12
updated description and link properties
版本 1.1
2019.02.11
stability and performance improvements
fixed issue initial drawing
fixed issue initial drawing
Volume is said to be the most important aspect beside price. For me volume is imperative. More specific volume profiles. Even with tick volume they produce the best reports on consensuses of strength of support and resistance levels. Price declines along with volume and a reversal is prone to happen.
I have seen a fair share of volume profile setups and indicators over the years. This indicator is by far the most versatile available for purchase. Profiles are highly customizable. Using it is great, lots of parameters but still easy to use. The manual helped me get a quick start. Runs smooth without hiccups on my ultrabook. My compliments to the developer. Hands-down the best volume profile indicator.