Technical Indicators for MetaTrader 5

VolumeProfile MT5

volumeprofile-mt5-logo-200x200-3041
165.00 USD133.65 USD

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Information

Indicators
MetaTrader 5
5
Robert Hess
4 April 2019
1.32
25 April 2021

Overview

Description:

The Volume Profile displays detailed informations of historical trading activities at certain price levels.

Locate the areas with the best prices in the market and get an advantage over other market participants.


Features:

  • Customizable Volume Profile
  • Shows the "fair" Value Area with 70% of all Volume
  • Shows critical low volume zones
  • Shows VPOC, VAL and VAH Points
  • Works on all timeframes
  • Automatic calculation your defined timeset in all timeframes
  • Drag & Drop for live calculation
  • Also available for MT4

Settings:

Variable
 Standard Value Description
Bar History
1440
Number of historical Bars to calculate from if "Auto calc history" is set to false
Level of Detail
1 Set the resolution for the profile. For protection purposes the level of detail will be automaticaly recalculated if you open a high volume chart such as GOLD or BTC.
Mirror to left side
false
Mirrors the whole VolumeProfile to the left side of the chart (Size can be adjusted with "Scale" input)
Horizontal Position (auto)
true
- Set this value to "true" to let the volume profile automaticaly align to your screen.
- Set this value to "false" to ajust the X-Position with the variable "X-Position"
Horizontal Position (manual)
0
Set the X Position of the Indicator on the screen (recommended value is 30 to 60)
Scale
4
Adjust the size of the volume levels (The Scale will set automaticaly if too high)
Refresh auto
true
Set this to "false" if you want the VolumeProfile to not refresh automaticaly
Refresh rate
10
Adjust the refresh timer (Refresh the VolumeProfile every X seconds). Setting this value too low, will lead to a much slower performance
Auto calc history
false
Set this to "true" to activate the automatic conversion of minutes when the timeframe has changed
History (in Minutes)
1440
Set the time in minutes, that is used for the calculation of the VolumeProfile
Enable Volume Profile  true Set this to "false" if you wish to hide the Volume Profile
Profile_Color
Green
Color of the area with 70% of all volume (fair value area)
Profile_Color_VLow
OrangeRed
Color of the areas with low volume
Profile_Background
true
Set the profile to background
POC_Style
0
Set the Style of the Point of Control
POC_Color
Green
Set the Color of the POC
POC_Width
1
Set the Width of the POC
POC_Background
true
Set the POC to background
VAL_Style
0
Set the Style of the Value Area Low Line
VAL_Color
Orange
Set the Color of the VAL
VAL_Width
2
Set the Width of the VAL
VAL_Background
true
Set the VAL to the Background
VAH_Style 0
Set the Style of the Volume Area High
VAH_Color Orange
Set the Color of the VAH
VAH_Width 2
Set the Width of the VAH
VAH_Background true
Set the VAH to the Background
Enable History line
true
Enable the History line, that shows until which candle the VolumeProfile will be calculated - Double-Click for drag & Drop to live calculate the VolumeProfile
History line width
3
Set the History line width
History line color
SlateGray
Set the History line color


Support:

The indicator is constantly being developed and improved.

Please do not hesitate to contact me via the MQL5 Platform. I am very grateful about any Bug report, so that i can constantly improve the indicator.








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Simply send a request for refund or exchange with your order number by email: fxea.market@gmail.com.

Refund requests received more than 7 days after purchase will be rejected.

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