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Fixed Range Volume Profile MT5

2

Fixed Range Volume Profile with alerts for MT5

This indicator shows where the price has spent more time, highlighting important levels that can be used in trading.

and 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. 

A system of alerts is available for price crossing the levels of Value Area high and low, Median, and Single Print zones.

Input Settings :

  • 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.


  • 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.


  • StartFromCurrentSession (default = true) — if true, then the indicator starts drawing from today, else — from the date given in StartFromDate.


  • 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.


  • ValueAreaPercentage (default = 70) — a percentage share of the session's TPOs to include in the Value Area.


  • SessionsToCount (default = 2) — for how many trading sessions to draw the market profiles.
  • EnableDevelopingPOC (default = false) — if true, multiple horizontal lines will be drawn to depict how the Point of Control developed through the session.








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Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
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Abdelkhabir Yassine Alaoui
Volume Profile is a very useful indicator . it allows you to spot the price levels where important price action took place. It is similar to support and resistance levels but with a different logic. One of the first thing that traders mark up when analyzing a chart is support and resistance. Volume Profile can be used for doing that too. The indicator scans the defined number of previous bars and calculates the volume of activity at each price level. You can set the indicator to display t
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Anton du
23
Anton du 2024.03.27 18:52 
 

it xdoes not work and there is no contact

Abdelkhabir Yassine Alaoui
2179
Reply from developer Abdelkhabir Yassine Alaoui 2024.04.01 13:54
it work , you just you don't know how to use it ( Certain brokers don't provide volume data . this indicator won't work if there no volume data provided from the broker server )
fred6531
14
fred6531 2023.04.27 11:18 
 

User didn't leave any comment to the rating

Sarah
25
Sarah 2023.04.27 10:33 
 

User didn't leave any comment to the rating

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Version 1.2 2024.04.01
Fixed Range Selection Tool