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Aurora Alchemy MT4

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Published: 21 February 2024

Current version: 1.10

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Aurora Alchemy MT4

Indicators
Yuri Congia
Version: 1.10

Aurora Alchemy: Your Companion for Market Profile Analysis

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Description: Aurora Alchemy Indicator is an advanced indicator designed to display market profiles for daily, weekly, monthly, and intraday trading sessions. This tool is particularly useful for traders who want to understand price distribution over time and identify key areas of interest on the chart.

Usage Mode:

Sessions: You can choose between daily, weekly, monthly, or intraday trading sessions, depending on your preferences and the time frame you wish to analyze.
Customization: Aurora Alchemy Indicator offers a wide range of customization options, including choosing color schemes, line styles and widths, and displaying key elements such as value area high (VAH), value area low (VAL), and point of control (POC) values.
Alerts: The indicator can generate alerts to notify you of significant events, such as price breaches, candle closes, or gap crossings.

Key Features:

Detailed Analysis: Aurora Alchemy Indicator provides a detailed view of price distribution within a given trading session, allowing you to quickly identify accumulation or distribution areas of volume.
Time Flexibility: You can tailor the indicator to your time preferences by selecting the most appropriate trading session and adjusting the update frequency.
Intuitive Interface: The indicator is designed to be intuitive and easy to use, with customization options accessible through a simple and intuitive user interface.

Compatibility: Aurora Alchemy Indicator is compatible with a wide range of financial instruments, including major currency pairs, exotics, CFDs, and commodities. It is suitable for use on various timeframes, allowing you to analyze market profiles on a daily, weekly, monthly, or intraday scale.

Disclaimer: It is recommended to test the indicator on a demo account before using it for real trading. Trading carries risks, and past performance is not indicative of future results.

With Aurora Alchemy Indicator, you'll have a powerful tool for analyzing financial markets, helping you make more informed and aware trading decisions.

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