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SUM Market Profile Heat MT4

150 USD

Demo downloaded: 4

Published: 21 August 2023

Current version: 1.0

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SUM Market Profile Heat MT4

Indicators
Liu Ying Pei
Version: 1.0
Activations: 10

Market Profile Heat indicator — is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session.
This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible to use a free-draw rectangle session to create a custom market profile on any timeframe. Six different color schemes are available to draw the profile's blocks. Drawing profiles as a plain color histogram is also possible. Alternatively, you may choose to color the profile based on bullish/bearish bars. This indicator is based on bare price action and does not use any standard indicators.

Input parameters

Main

Session (default = Daily) — trading session for market profile: Daily, Weekly, Monthly, Intraday, and Rectangle. For a rectangle session to get calculated, a rectangle chart object with the name starting with MPR should be added to the chart. Pressing 'r' on the keyboard will add a properly named rectangle object automatically.
StartFromDate (default = __DATE__) — if StartFromCurrentSession is false, then the indicator will start drawing profiles from this date. It draws to the past. For example, if you set it 2018-01-20 and SessionsToCount is 2, then it will draw the profiles for 2018-01-20 and 2018-01-19.
StartFromCurrentSession (default = true) — if true, then the indicator starts drawing from today, else — from the date given in StartFromDate.
SessionsToCount (default = 2) — for how many trading sessions to draw the market profiles.
SeamlessScrollingMode (default = false) — if true, the StartFromDate and StartFromCurrentSession parameters are ignored; the sessions are calculated and displayed starting from the current chart position's rightmost bar. This allows scrolling back in time indefinitely to view past sessions.
EnableDevelopingPOC (default = false) — if true, multiple horizontal lines will be drawn to depict how the Point of Control developed through the session.
ValueAreaPercentage (default = 70) — a percentage share of the session's TPOs to include in the Value Area.

Looks and colors

ColorScheme (default = Blue to Red) — color scheme for profile's blocks:
- blue to red
- red to green
- green to blue
- yellow to cyan
- magenta to yellow
- cyan to magenta
SingleColor (default = clrBlue) — if ColorScheme is set to Single Color, this color will be used to draw market profiles.
ColorBullBear (default = false) — if true, the color of the profile blocks depends not on the age of the origin bar but on its direction.
MedianColor (default = clrWhite) — the color of the control value (median).
ValueAreaSidesColor (default = clrWhite) — the color of the value area side borders.
ValueAreaHighLowColor (default = clrWhite) — the color of the value area top and bottom borders.
MedianStyle (default = STYLE_SOLID) — the Point of Control (median) line style.
MedianRayStyle (default = STYLE_DASH) — the Point of Control (median) ray line style.
ValueAreaSidesStyle (default = STYLE_SOLID) — the style of the value area side borders.
ValueAreaHighLowStyle (default = STYLE_SOLID) — the style of the value area top and bottom borders.
ValueAreaRayHighLowStyle (default = STYLE_DOT) — the style of the value area top and bottom rays.
MedianWidth (default = 1) — the Point of Control (median) line width.
MedianRayWidth (default = 1) — the Point of Control (median) ray line width.
ValueAreaSidesWidth (default = 1) — the width of the value area side borders.
ValueAreaHighLowWidth (default = 1) — the width of the value area top and bottom borders.
ValueAreaRayHighLowWidth (default = 1) — the width of the value area top and bottom rays.
ShowValueAreaRays (default = None) — can be set so that the value area's High and Low price levels are projected to the right side of the chart. Can be set to previous session, current, previous and current, all previous, or all.
ShowMedianRays (default = None) — can be set so that the median is projected to the right side of the chart. Can be set to previous session, current, previous and current, all previous, or all.
RaysUntilIntersection (default = Stop_No_Rays) — defines the way median and value area rays will be cut off when they meet the next trading session's price range:
- Stop_No_Rays — no rays are stopped anywhere.
- Stop_All_Rays — all rays are stopped at an intersection with the price of another session.
- Stop_All_Rays_Except_Prev_Session — all rays except the previous session's rays are stopped at an intersection with the price of another session.
- Stop_Only_Previous_Session — only rays of the previous session are stopped at an intersection with the price of another session.
HideRaysFromInvisibleSessions (default = false) — if true, rays from sessions starting behind the left edge of the screen won't be displayed until you scroll back to them.
TimeShiftMinutes (default = 0) — time shift for the sessions, in minutes. Positive value will move the session start to the left; negative — to the right.
ShowKeyValues (default = true) — if true, Value Area High, Value Area Low, and Point of Control are displayed on the left of the market profile.
KeyValuesColor (default = clrWhite) — the color for Value Area High, Value Area Low, and Point of Control printout.
KeyValuesSize (default = 8) — the font size for Value Area High, Value Area Low, and Point of Control printout.
ShowSinglePrint (default = No) — can be set to Leftside or Rightside and will mark the single print profile — a part of the profile, which is only one TPO wide.
SinglePrintRays (default = false) — if true, single print edges are marked with rays.
SinglePrintColor (default = clrGold) — the color for single print marking if ShowSinglePrint isn't set to No.
SinglePrintRayStyle (default = STYLE_SOLID) — the single print ray line style.
SinglePrintRayWidth (default = 1) — the single print ray line width.
ProminentMedianColor (default = clrYellow) — the color for the prominent median (PPOC) if ProminentMedianPercentage is set to 100 or less.
ProminentMedianStyle (default = STYLE_SOLID) — the style for the prominent median (PPOC) if ProminentMedianPercentage is set to 100 or less.
ProminentMedianWidth (default = 4) — the width for the prominent median (PPOC) if ProminentMedianPercentage is set to 100 or less.
RightToLeft (default = false) — if true, the current session's market profile has its histogram drawn from right to left. In case Session is set to Rectangle, market profiles of all sessions are drawn right-to-left.

Performance

PointMultiplier (default = 0) — the higher it is, the wider are the profile's price boxes and the fewer are the chart objects. You can use it to reduce the indicator's load on CPU. When the value is zero, an adaptive multiplier is used — the indicator attempts to calculate the optimal value automatically.
ThrottleRedraw (default = 0) — a delay in seconds that will be applied before each redraw of the profiles. You can use it to reduce the indicator's load on CPU.
DisableHistogram (default = false) — if true, no market profile histogram is drawn, but Value Area and Median are still marked. This makes indicator work extremely fast, but is less useful for thorough market analysis.

Alerts

AlertNative (default = false) — if true, the indicator will issue the platform's native pop-up alert when some alert conditions are met.
AlertEmail (default = false) — if true, MetaTrader's email alerts will be sent when some alert conditions are met. Email should be properly configured in MetaTrader via Tools->Options->Email
AlertPush (default = false) — if true, MetaTrader's push notification alerts will be sent to your mobile device when some alert conditions are met. Notifications should be properly configured in MetaTrader via Tools->Options->Notifications. This alert type is not available in the cTrader version of the indicator.
AlertArrows (default = false) — if true, MetaTrader will draw arrows on the chart when some alert conditions are met.
AlertCheckBar (default = Previous) — controls the bar to check the alert conditions on. Current — the indicator will check the current unfinished bar; expect a lot of alerts. Previous — the indicator will check the previous (closed) bar; alerts will be delayed but more concise.
AlertForValueArea (default = false) — if true, alerts will be issued whenever a Value Area ray (high or low) is crossed by the price.
AlertForMedian (default = false) — if true, alerts will be issued whenever a Median ray is crossed by the price.
AlertForSinglePrint (default = false) — if true, alerts will be issued whenever a Single Print ray is crossed by the price.
AlertOnPriceBreak (default = false) — if true, alerts will be issued when the price breaks any of the trigger levels but then returns back behind it.
AlertOnBarClose (default = false) — if true, alerts will be issued when the bar opens on one side the trigger level and closes on the other side of it.
AlertOnGapCross (default = false) — if true, alerts will be issued when the trigger level appears inside a price gap between the last two bars.
AlertArrowCodePB (default = 108) — arrow code for price break alert arrows.
AlertArrowCodeCC (default = 110) — arrow code for candle close alert arrows.
AlertArrowCodeGC (default = 117) — arrow code for gap crossover alert arrows.
AlertArrowColorPB (default = clrRed) — arrow color for price break alert arrows.
AlertArrowColorCC (default = clrBlue) — arrow color for candle close alert arrows.
AlertArrowColorGC (default = clrYellow) — arrow color for gap crossover alert arrows.
AlertArrowWidthPB (default = 1) — arrow width for price break alert arrows.
AlertArrowWidthCC (default = 1) — arrow width for candle close alert arrows.
AlertArrowWidthGC (default = 1) — arrow width for gap crossover alert arrows.

Intraday sessions

EnableIntradaySessionN (default = true) — if true and Session is set to Intraday, then the indicator will attempt to drawn the intraday market profile #N on the chart.
IntradaySessionNStartTime (default = "HH:MM") — start time in HH:MM format for the intraday session #N.
IntradaySessionNEndTime (default = "HH:MM") — end time in HH:MM format for the intraday session #N.
IntradaySessionNColorScheme (default = Blue_to_Red) — color scheme for the intraday session #N.

Miscellaneous

SaturdaySunday (default = Normal sessions) — how to treat Saturday and Sunday sessions:
- Normal sessions — Saturday and Sunday will be treated as normal sessions with their own daily and intraday sessions.
- Ignore Saturday and Sunday — Saturday and Sunday candlesticks will be ignored.
- Append Saturday and Sunday — Saturday candlesticks will be appended to the Friday session; Sunday candlesticks will be appended to the Monday session.
DisableAlertsOnWrongTimeframes (default = false) — if true, no pop-up alerts will appear on using Market Profile with wrong timeframe/session combination.
ProminentMedianPercentage (default = 101) — percentage of TPOs out of all possible that should occur inside a median for it to be considered prominent (PPOC). For example, if you set it to 50%, a median will be marked as prominent if it contains at least 24 TPOs in a daily session on M30 timeframe. If it is set to 101, no prominent median is possible.

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The Volume Spread Analysis indicator is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool we've ever made. It is a really powerful analytical tool that generates very reliable trading signals. Because it is very user-friendly and understandable, it is suitable for every type of trader, regardless of his experience. What is VSA? VSA - Volume Spre

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Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and

200 USD

Welcome to the world of SMC (Smart Money Concepts) Trading, where we empower traders with the tools and knowledge to make smarter trading decisions. Our latest addition to our suite of trading tools is the SMC Trading Pro indicator, version 1.0. Key Features: Major Market Structure Identification with BODY break. Order Block must be in Major Swing ( not Small Swing ). Order Block with Fair Value Gap Detection. Order Block in Discount | Premium zone. Filter for only Bullish, Bearish or All Order

199 USD

Contact me through this email address to download the FREE strategy PDF for this indicator tharindu999lakmal@gmail.com Download MT5 version here -- >> https://www.mql5.com/en/market/product/119467 Introduction The "VIP Buy Sell Signals MT" is designed to provide BUY and SELL trade signals based on the current market conditions. A Trading Strategy (Chee sheet) has been provided for this trading indicator. (Read the description). This indicator has time tuned e ntry signals . so

250 USD

The Precision Index Oscillator (Pi-Osc) by Roger Medcalf of Precision Trading Systems First of all, if you have any questions please contact me via my website which you can find by searching the above title. Version 2 has been carefully recoded to be super fast to load up on your chart and some other technical improvements have been incorporated to enhance experience. Pi-Osc was created to provide accurate trade timing signals designed to find extreme exhaustion points, the points that markets

247 USD

Currently 20% OFF ! This dashboard is a very powerful piece of software working on multiple symbols and up to 9 timeframes. It is based on our main indicator (Best reviews: Advanced Supply Demand ). The dashboard gives a great overview. It shows: Filtered Supply and Demand values including zone strength rating, Pips distances to/and within zones, It highlights nested zones, It gives 4 kind of alerts for the chosen symbols in all (9) time-frames. It is highly configurable for your personal n

199 USD

200 USD

Trade Invest Pro - Boss in the world of cryptocurrency! This indicator is ideal for cryptocurrency trading! Work on Trade Invest Pro took us half a year! But not in vain! Now only accurate signals near support - resistance levels! He showed himself well on timeframes m5 m15 for binary options! Optionally, it can be configured for forex for timeframes m30 and more! Reacts well to news! Doesn't paint! and does not disappear from the schedule! As soon as a red arrow appears, open a deal fo

650 USD

MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection

200 USD

Cyclical indicator for trading and predicting the direction of the market. Shows the cyclical behavior of the price in the form of an oscillator. Gives signals for opening deals when rebounding from the upper and lower boundaries of the oscillator. In the form of a histogram, it shows the smoothed strength of the trend. Will complement any trading strategy, from scalping to intraday. The indicator does not redraw. Suitable for use on all symbols/instruments. Suitable time frames for short-term t

169 USD

Trade Smarter, Not Harder Tired of cluttered charts and indecision? RelicusRoad Pro simplifies trading by giving you clear, actionable tools to understand the market and execute trades with confidence. Whether you're analyzing trends, spotting reversals, or planning your next move, this all-in-one solution makes trading intuitive and stress-free. RelicusRoad Pro helps you trade with clarity and confidence, empowering traders of all levels to succeed in forex, futures, cryptocurrencies, stocks, a

247 USD

Binary Options Trading Indicator: A Reliable Tool for Your Trades This indicator is specifically designed for binary options trading and has proven its high quality, reliability, and adequate accuracy, depending on the dynamics of the chart. Key Points: Signal Interpretation: When a blue cross signal appears, it indicates a potential entry into a trade, though it is considered a weak signal on its own. However, if the blue cross is accompanied by an arrow, it is considered a more reliable buy s

300 USD

This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th

570 USD

Indicator for fast navigation through financial instruments. When you click on the button, you go to the chart of the financial instrument, the name of which was written on the button. In other words, the indicator opens or unfolds an existing chart window. For each chart, you can customize the name of the financial instrument, text color and background color; in total, you can customize symbols buttons that you trade often. The indicator can be installed on any charts for which you need to swit

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This indicator labels swing highs and swing lows as well as the candle pattern that occurred at that precise point. The indicator can detect the following 6 candle patterns: hammer , inverse hammer , bullish engulfing , hanging man , shooting star and bearish engulfing . The notations HH, HL, LH, and LL you can see on the labels are defined as follows: HH : Higher high HL : Higher low LH : Lower high LL : Lower low Setting Length: Sensitivity of the swing high/low detection,

60 USD

Lets dabble a bit into Elliot Waves. This is a simple indicator which tries to identify Wave 1 and 2 of Elliot Impulese Wave and then projects for Wave 3. Ratios are taken from below link: https://elliottwave-forecast.com/elliott-wave-theory/ - Section 3.1 Impulse Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 - used for identifying the pattern. Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2 - used for setting the targets Important input parameters MaximumNumBars : To calculate back

60 USD

Market Profile Heat indicator — is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible to use a fr

150 USD

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