Search results
Mar 10, 2024 · Market Profile Indicator for MT5 provides a median area histogram that indicates trading areas with significant BUY and SELL trades. Free download
Nov 14, 2011 · Market Profile is a tool used by many futures traders for the analysis of the statistical time distribution of the price, finding a price area and control values for the day trading session. The indicator is based on the simple price movement and does not use standard MetaTrader 5 platform indicators. - Free download of the 'MarketProfile ...
- (44)
People also ask
What is a market profile indicator?
What is MT5 market profile indicator?
Where can I read more about market profile?
How to create a custom market profile?
- Main
- Looks and Colors
- Performance
- Alerts
- Intraday Sessions
- Miscellaneous
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 st...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...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.ColorScheme (default = Blue to Red) — color scheme for profile's blocks: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).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...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 thor...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->EmailAlertPush (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 Me...AlertArrows (default = false) — if true, MetaTrader will draw arrows on the chart when some alert conditions are met.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.SaturdaySunday (default = Normal sessions) — how to treat Saturday and Sunday sessions: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 m...Jul 26, 2022 · Version: 4.0. Updated: 7 August 2022. Market Profile 3 MetaTrader 4 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.
The Market Profile Indicator MT4 is a powerful tool that can help traders gain an understanding of market dynamics and make informed trading decisions. It provides a visual representation of the market, allowing traders to see where price has spent the most time and where it is likely to go next.
Jul 13, 2021 · Market Profile 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.
