• 概述
  • 评论
  • 评论
  • 新特性

Volume by Price MT5

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 by Price indicator is seen as essential tool for technical analysis which can be used to identify approximate areas of low and high volume. A wide variety of profiles can be made to identify these areas which can be interpreted as levels of 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
  • Practical insight into trading activity per price zone with tick volume
  • Analytical perspectives on value of trading volume per price zone with real volume[1]
  • Highly customizable profiles. Wide variety market- volume profiles per dataset
  • Versatile graphical and analytical drawing functions
  • Identifies Value Areas High/Low (VAH/VAL) and High/Low Volume Nodes (HVN/LVN) with real- and tick volume respectively
  • Unmatched graphical accuracy. Can show actual calculated price range values per bar/zone -and match with a cross-hair
  • Notifications by mobile app, email, sound alert. Match VPOC, HVN/VAH and LVN/VAL proximity
  • Create volumes profiles using Drag & Drop with mouse. Both price- and time range together, and separately
  • Build to scale quick and easily with native terminal save and load functions
  • Validate support and resistance levels by automatic scan of offsetted price zones
  • Configurable static or dynamic histogram


Parameters

  • Data Time Range - total time range of price-volume dataset
    • All Data
    • Drag & Drop Select
    • Visible Chart Window Time Range
    • Specified Start to End
    • Specified Start to Specified End
    • Start to Specified End
    • Start to Last Visible Data in Chart Window
    • Specified Start to Last Visible Data in Chart Window
    • Last Visible Data in Chart Window back to Specified Offset

  • Data Price Range - total price range of price-volume dataset
    • All Data
    • Drag & Drop Select
    • Visible Chart Window Price Range
    • Specified Start to End
    • Start to Specified End
    • Specified Start to Specified End

  • Draw Bar Width - method to set size per price zone
    • Automatic by Chart Scale
    • Amount of Bars
    • Pixels per Bar
    • Price Range per Bar


  • Draw Highlight VPOC - Volume Point of Control
  • Draw Highlight HVN/LVN (VAH/VAL) Major - High/Low Volume Node (Value Area High/Low) Major
  • Draw Highlight HVN/LVN (VAH/VAL) Major Bounds
  • Draw Highlight LVN (VAL) Minors
  • Draw Highlight HVN (VAH) Minors

  • Draw Highlight Volume Positive/Negative
    • Single
    • Divide
    • Divide, Largest on top - largest volume closest to center of chart
    • Subtract

  • Notification - by VPOC, HVN, LVN proximity, in Points or Zones
    • Email
    • App
    • Terminal Alert
    • Terminal Sound Alert
    • Terminal Global Variable

  • Draw Anchor - x-axis position of the histogram base
    • Active Data TIme Range, Start
    • Active Data TIme Range, End
    • Specified Anchor, TIme
    • Off


For more details and a list of all parameters please refer to user manual.


References


Articles:

       ► Tick Volume and Real Volume - Volume by Price Indicator

Videos:

       ► Introduction - Volume by Price Indicator

       ► Examples - Volume by Price Indicator

Additional features:

The Pro edition features the additional capabillity to draw multiple histograms on the same chart.

       ► Volume by Price Pro Indicator


1. ^ For more information about (price-) volume data and native 'Real Volume' availability in terminal refer to "Tick Volume and Real Volume - Volume by Price Indicator"
2. ^ "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, "Price per Volume" and PPV
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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 2019.03.17
various feature upgrades
版本 2.3 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"
版本 2.0 2019.02.22
performance improvements
extended drawing functions
版本 1.9 2019.02.22
performance improvements
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
版本 1.3 2019.02.15
stability and performance improvements
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