Индикаторы Market Profile Для Mt4

MT4 Forex indicators

Indicators are intended to predict price moving, and traders actively use them to get more information in order to make decision on when to buy or sell an asset. The indicators help to avoid speculative price spikes during the analysis, determine peaks and troughs, filter unnecessary things, determine when a trend may be changed and much more.

If you focus on them, the number of loss trades made emotionally or due to incorrect forecasts will decrease substantively. Therefore, the indicators are the most important trader’s tools: trading without indicators as well as the unskilled use of them can lead to full investments' loss.

How to choose appropriate Forex indicators

MetaTrader 4 provides the large number of Forex indicators, it'll be uneasy to master some of them, but it's necessary. After traders understand how each of indicators works and get practical skills, they usually select a few indicators for constant using — in average indicators. It's not enough to focus on the only one or two of them, because in this case market analysis won’t be complete, and as the result is the very low forecast accuracy.

You shouldn't focus on too many indicators at one time either — it will only prevent decisions making, because the conclusions from indicators data often contradict each other. Choose indicators the most suitable for you, and it's not necessary to be limited to the standard ones.

Although many indicators are available in MetaTrader 4, advanced users usually add other indicators to those provided by default. These can be either separately purchased advanced versions of standard indicators, which are more convenient to use, or specific ones that are not included in the basic set at all - but for someone they can be very useful.

There are the most popular groups of indicators, which can be used in Forex trading:

Bill Williams indicators;

volume indicators;

levels indicators;

trend indicators;

oscillators.

Bill Williams indicators

The attitude towards them among traders is ambiguous: some traders consider the indicators as useless ones, while others actively use them in trading. All tools from this group are based on chaos theory. The main ones are Alligator, Accelerator and Awesome Oscillator, and some others. There are the additional Forex indicators, for example, iFractals, which allows you to define the number of bars to calculate fractal dimensions, build a fractal channel and filter false breakouts.

Volume indicators

With this indicator you can daily track the number of transactions in the market. More important than this indicator is the only currency rate. For example, if the rate hike was not accompanied by large volumes, it doesn’t matter. But if the volumes decrease when the rates rise, it may be a signal of a quick trend change. Special indicators are used for deep volume analysis. For instance, On Balance Volume, MACD and Volume.

Levels indicators

The correct determination of the support and resistance levels is very important for successful Forex trading. In order to learn how to define them you need to master the level indicators. They are based on Fibonacci levels and easy to apply, so many traders start with these eunic-brussels.eur, they should be used only in combination with the indicators from other groups, and you can’t rely only on them. The most popular indicators are Fibo Box, FXR SR Zones, DailyGoOnGraph.

Trend indicators

Trend indicators are the most popular ones, almost every trader use one or a few of them. With these indicators you can define how strong the current trend is and predict for how long it will last. The most popular indicators are Simple Moving Average, 3rd Generation, Exponential, Linear Weighted.

Oscillators

These indicators are used together with trend indicators. Unlike the latter, they are often ahead of the market. Oscillators help to define price impulse and the overbought/oversold on the market. Traders make a decision to enter or exit the trade based on the indicators data. The most popular oscillators are RSI and MACD, each of them has many variations.

In addition to these indicators, there are also many more. They can be grouped or individual and are often used in combination with others. Use time and money to find the suitable indicators, because the right indicator is the key for successful Forex trading.

Definition :

VPO is a Volume Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology.
In other words volume-price-opportunity (VPO) profiles are histograms of how many volumes were traded at each price within the span of the profile.
By using a VPO chart, you are able to analyze the amount of trading activity, based on volume, for each price level the market traded at for any given time period. The VPO Profile Chart study allows you to clearly see the areas where the market is trading with the max volumes.

The indicator can help determine Support-Resistance levels.

Inputs :

• On Chart Profile Options
• Enable/Disable
• Profile Display Mode : Lines/Solid/Gradient/Bars/OutLine
• Profile Alignment : Right/Left
• Profile Periods : Session/Daily/Weekly/Monthly
• Show Volume Text : Enable Text of Volumes
• Number of Price Steps : Number of horizontal divisions of profile
• VA Percentage : Percentage of Value Area
• Number of Profiles (Sessions)
• Session Start Time
• Session End Time
• On Side Profile Options
• Enable/Disable
• Profile Display Mode : Lines/Solid/Gradient/Bars/OutLine
• Profile Alignment : Right/Left
• Number of Days : Number of days included in profile calculation
• Number of Price Steps : Number of horizontal divisions of profile
• VA Percentage : Percentage of Value Area
• Profile Size (% of Chart Width)
• Visual Settings
• On Chart Profile Color
• On Chart Profile Back Color (for Gradient)
• On Chart Profile Draw VA
• On Chart Profile VA Color
• On Chart Profile Draw POC
• On Chart Profile POC Color
• On Chart Profile POC Thickness
• On Chart Profile Text Color
• On Chart Profile Text Font Size
• On Chart Profile Longitudinal Scale (%)
• On Side Profile Color
• On Side Profile Back Color (for Gradient)
• On Side Profile Draw VA
• On Side Profile VA Color
• On Side Profile Draw POC
• On Side Profile POC Color
• On Side Profile POC Thickness

Buffers for programmers :

Market Profile MetaTrader 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. It is available for MetaTrader 4, MetaTrader 5, and cTrader platforms.

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

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 and SessionsToCount is 2, then it will draw the profiles for and
• 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 or less.
• ProminentMedianStyle (default = STYLE_SOLID) — the style for the prominent median (PPOC) if ProminentMedianPercentage is set to or less.
• ProminentMedianWidth (default = 4) — the width for the prominent median (PPOC) if ProminentMedianPercentage is set to 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 = ) — arrow code for price break alert arrows.
• AlertArrowCodeCC (default = ) — arrow code for candle close alert arrows.
• AlertArrowCodeGC (default = ) — 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 = ) — 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 , no prominent median is possible.

Examples

Daily sessions

The chart screenshot shows market profiles calculated and displayed for two daily Forex trading sessions. The timeframe is M30 and the right-hand daily session is still in progress. The earliest prices are blue and the latest prices are red. The medians and the value areas are marked with the white lines and display the most important price areas. Traders tend to return to those areas if the volume of the breakout movement is not too high. High-volume breakout out of these areas signifies a real breakout. You can read more about Market Profile in this short e-book: Book on Market Profile.

Bullish/bearish coloring

The example below demonstrates how the Market Profile can be colored according to the direction of each bar in the session rather than its age. This is done when ColorBullBear is set to true.

Rectangle sessions

This example demonstrates how the indicator can display a market profile based on the rectangle chart objects freely drawn by a trader. For this to work, a rectangle object's name has to start with MPR and the Session input parameter has to be set to Rectangle. You can press 'r' on your keyboard to add such a rectangle to the chart automatically.

Right-to-left display

Market Profile indicator can also draw histogram from right to left. Unlike the traditional left-to-right display, it can be helpful to focus on the current trading session, without obscuring its chart. You can see how this works on the chart screenshot below.

cTrader

Market Profile indicator is also available as a free cTrader indicator. It is very similar to its MetaTrader siblings, but cannot work with push notification alerts.

eunic-brussels.eu - portal of market information. User agreement: software, trading ideas, trading systems, trading signals and other information from site eunic-brussels.eu and from forum eunic-brussels.eu you can use only for yourself and in any way, you are fully responsible for any results, including financial profits and loss. There is a risk of loss in trading futures and options. Futures trading is not appropriate for all investors.

Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.

Cookies Our website uses cookies to serve you better. We assume you're ok with this or you have to quit this site.

"Risk disclosure" and "Terms and Conditions" of using this site and shop. [click to read].