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SUM Market Profile Heat

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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Volume Profile เป็นเครื่องมือที่ใช้สำหรับการวิเคราะห์ระดับการซื้อขายของตลาดในแต่ละระยะเวลาโดยใช้ปริมาณการซื้อขาย (volume) ซึ่งช่วยให้เราเข้าใจว่ามีการซื้อขายเกิดขึ้นมากที่สุดที่ราคาใด รวมทั้งช่วยในการหาจุดที่มีความนิยมในการซื้อขาย (Point of Control: POC) และระดับการซื้อขายอื่น ๆ ที่สำคัญ เรียกว่า Value Area. การใช้งาน Volume Profile ในการวิเคราะห์ตลาดมักจะมีขั้นตอนดังนี้: กำหนดระยะเวลาที่ต้องการวิเคราะห์ : เราต้องกำหนดระยะเวลาที่เราสนใจในการวิเคราะห์ Volume Profile เช่น ชั่วโมง, วัน, หรือสัปดาห์
Moving VVC mt5
Andriy Sydoruk
The   Visual Volatility Clustering   indicator clusters the market based on volatility. The indicator does not redraw and gives accurate data, does not use closing prices. Uses the opening prices or the highs or lows of the previous completed bar. Therefore, all information will be clear and unambiguous. The essence of the indicator is to divide the price market into certain areas according to a similar type of volatility. This can be done in any way. In this example, the indicator is configure
该指标建立当前报价,可以与历史报价进行比较,并在此基础上进行价格走势预测。指示器有一个文本字段,用于快速导航到所需日期。 选项: 符号 - 选择指标将显示的符号; SymbolPeriod - 选择指标从中获取数据的时段; IndicatorColor - 指示器颜色; HorisontalShift - 由指标绘制的报价移动指定的柱数; Inverse - true 反转引号,false - 原始视图; ChartVerticalShiftStep - 图表垂直移动(键盘上的向上/向下箭头); 接下来是文本字段的设置,您可以在其中输入日期,您可以通过按“回车”立即跳转到该日期。 接下来是文本字段的设置,您可以在其中输入日期,您可以通过按“回车”立即跳转到该日期。
Fixed Range Volume Profile MT5
Abdelkhabir Yassine Alaoui
带有 MT5 警报的自动固定范围交易量配置文件 该指标显示价格花费更多时间的位置,突出可用于交易的重要水平。 并且可以显示随时间变化的价格密度,概述给定交易时段最重要的价格水平、价值区域和控制价值。 该指标可以附加到 M1 和 D1 之间的时间范围,并将显示每日、每周、每月甚至日内时段的市场概况。 较低的时间范围提供更高的精度。 建议使用更高的时间范围以获得更好的可见性。 还可以使用自由绘制的矩形会话在任何时间范围内创建自定义市场概况。 六种不同的配色方案可用于绘制配置文件的块。 也可以将配置文件绘制为纯色直方图。 或者,您可以选择根据看涨/看跌柱线为配置文件着色。 该指标基于裸价行为,不使用任何标准指标。 一个警报系统可用于价格跨越价值区域的高低、中值和单一打印区域的水平。 输入设置: StartFromDate(默认 = __DATE__)— 如果 StartFromCurrentSession 为假,则指标将从该日期开始绘制配置文件。 它吸引了过去。 例如,如果您将其设置为 2018-01-20 并且 SessionsToCount 为 2,则它将绘制 20
RAD Real Acummulation and Distribution
Jose Alejandro Jacome Jimenez
RAD CRITICAL LEVES RAD indicator tracks “Relevant Volume” in real time, identifying accumulation and distribution processes, projecting them in the chart as SUPPORT or RESISTANCE zones. Natural   support   and resistance levels are generated by Volume Accumulation and Distribution processes. As these processes evolve, levels at which the relevant volume in the market place is positioned, become difficult areas to cross upwards or downwards. By using this information, traders can identify very s
Range profile
Mikhail Nazarenko
The indicator automatically calculates the level and   real volume       Point of control, and also displays the market profile for an array of candles, within the boundaries of a rectangle. If your strategy is based on taking profit on a rebound from price accumulations,   the Range profile indicator will become the main tool in scalping trading. Point of control is calculated based on the total volume for each tick or minute candles, depending on the settings and trading timeframe. In the abse
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首先,值得强调的是,这个交易系统是一个非重绘、非重画和非滞后的指标,这使得它非常适合手动和机器人交易。 在线课程,手册和下载预设。 “智能趋势交易系统 MT5”是专为新手和经验丰富的交易者量身定制的综合交易解决方案。它结合了超过 10 个优质指标,具有 7 多个强大的交易策略,使其成为适用于各种市场条件的多功能选择。 趋势跟随策略:提供精确的入场和止损管理,以有效地跟随趋势。 反转策略:识别潜在的趋势反转,使交易者能够利用区域市场的机会。 剃头策略:专为快速准确的日内交易和短期交易而设计。 稳定性:所有指标都不会重绘、不会重画和不会滞后,确保可靠的信号。 定制:支持自定义策略,以满足个人交易偏好。超过 7 种策略和组合可帮助您找到最佳策略。 信号清晰度:提供箭头信号,以指示清晰的入场和退出点。 实时警报:通过交易进出警报使交易者保持了解。 深入分析:提供更高时间框架的趋势分析和实时交易监控。 自适应颜色编码:利用蜡烛颜色编码来显示成交量、趋势和反转蜡烛信号。通过蜡烛颜色分析市场方向。 “智能趋势交易系统 MT5”赋予交易者必要的工具,以便在各种市场条件下做出明智和战略性的交易决策。无论
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Marzena Maria Szmit
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Stefano Frisetti
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5 (17)
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5 (8)
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Ekaterina Saltykova
Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
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Viktor Weidenthal
2.67 (3)
Elliot Waves Analyzer Pro calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels.   For an Overview  " Elliot Waves Anal
Go Way TREND
Ywsf Hsyn Hmad Alrsh
順應潮流。是的,在 15 分鐘的框架上等待進場信號,無論是買入還是賣出,並檢查信號是否出現在 30 分鐘的框架上(有時信號需要一個小時或更長時間才會出現。您可以返回到15分鐘框架並返回到30分鐘框架,重複此操作,直到主要訊號出現在您面前。被記錄,或當相反的訊號出現時它非常簡單並且適用於所有主要貨幣。  金屬、指標和所有框架,但最好的結果是 30 分鐘框架。 始終將止損設置在蠟燭底部下方,資金管理不得超過 資本的10% 順應潮流。是的,在 15 分鐘的框架上等待進場信號,無論是買入還是賣出,並檢查信號是否出現在 30 分鐘的框架上(有時信號需要一個小時或更長時間才會出現。您可以返回到15分鐘框架並返回到30分鐘框架,重複此操作,直到主要訊號出現在您面前。被記錄,或當相反的訊號出現時它非常簡單並且適用於所有主要貨幣。  金屬、指標和所有框架,但最好的結果是 30 分鐘框架。 始終將止損設置在蠟燭底部下方,資金管理不得超過 資本的10% 順應潮流。是的,在 15 分鐘的框架上等待進場信號,無論是買入還是賣出,並檢查信號是否出現在 30 分鐘的框架上(有時信號需要一個小時或更長時
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabil
Currently, the product's selling price is over $480; however, we are offering a monthly rental system for only $30. This allows many people to enjoy and experience our products during this launch stage, which will likely lead to positive reviews from users, making it more enjoyable | We hope that if there are more than 10 positive reviews, the GOOD NEWS is that the next use will last for 3 months at a fixed price of only $30 | Take advantage of our promo opportunity, before it goes back to sell
Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading in
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Native Channels
BeeXXI Corporation
5 (1)
This indicator recognizes all support and resistance levels. A number of unique high-performance techniques have been applied, which made the existence of this indicator possible. All formed channels are naturally visible: horizontal linear linear parabolic cubic (Polynomial 3 degrees - Wave) This is due to a bundle of approximating channels. The formed channels form "standing waves" in a hierarchical sequence. Thus, all support and resistance levels are visible. All parameter management is
Piranha version 2
Maria Strudov
5 (1)
"Piranha" - an autonomous trading system that determines overbought and oversold levels on the chart. Red and blue zones represent overbought and oversold levels respectively. Entry points are marked with arrows: a downward arrow in the red zone for "sell" and an upward arrow in the blue zone for "buy". The Take profit level is indicated by the green moving average. Key features: Adjusting the Take profit level as the green moving average changes position. Averaging ability when a new market e
The iChannels
BeeXXI Corporation
5 (2)
Ultra-fast recognition of parabolic channels (as well as linear, horizontal and wavy channels) throughout the depth of history, creating a hierarchy of channels. Required setting: Max bars in chart: Unlimited This indicator is designed primarily for algorithmic trading, but can also be used for manual trading.  This indicator will have a very active evolution in the near future and detailed descriptions on how to apply to create robots
Introducing the Power Trade Plus indicator designed by a small group of traders with a few years of experience trading the market profitably.  The Power Trade Plus is derived from the Power Trade indicator,  the indicator strive in powerful sniper entries and take profit levels,  with an algorithm that's can determine the markets volatility and Provides entries based on the current market volatility. This indicator is much more effective in stock ,currencies and indices.
Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.  "The South African Sniper indicator community are very happy with the indicator an
首先值得强调的是,这个交易系统是一个不重绘、不重画和不滞后的指标,这使它非常适合专业交易。 在线课程,用户手册和演示。 “智能支撑和阻力交易系统”是专为新手和经验丰富的交易者量身定制的先进指标。它赋予交易者在外汇市场上精确和自信的能力。这个综合系统结合了7+种策略、10个指标和各种交易方法,包括日内交易策略、波段交易策略、支撑和阻力策略、蜡烛图模式策略、VWAP策略、多时间段趋势策略等。它提供箭头信号、入场和出场点、交易警报、更高时间框架的趋势分析、实时交易监控以及见解深刻的趋势和成交量蜡烛染色。通过自动支撑和阻力检测,这是一个多面手的指标,帮助交易者在不同的市场条件下做出明智的决策。 “智能支撑和阻力交易系统”是一个强大的技术分析方法,融合了一套高端和强大的指标和工具。在其核心,这个系统识别关键的支撑和阻力水平,这些水平作为潜在市场反转或延续的关键区域。该系统无缝集成了多时间框架趋势面板,增强了交易者在不同时间框架下评估当前趋势方向的能力。此外,蜡烛图模式检测器扫描价格图表以获取重要的蜡烛图模式,为潜在的市场走势提供宝贵的见解。此外,VWAP(成交量加权平均价格)的加入
SMCpro
Arief
5 (1)
Currently Price  20% OFF  ( for unlimited use ) Indicator   USER MANUAL , trade setups, solving issues, etc :  Direct Download Here     (  for users only  ) Hello World! Introducing.. SMCpro tool and Indicator for  MetaTrader 5 , a cutting-edge feature designed to revolutionize your trading experience. With innovative ICT Smart Money Concept, you gain unparalleled insight into market dynamics, empowering you to make informed trading decisions like never before. SMC Indicator built on th
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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
FREE
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
FREE
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 de
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
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 f
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 de
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 calc
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