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Volume Profile Indicator – Free Download

Volume Profile Indicator – Free Download

$0.00Price
REQUIREMENTS
Recommend deposit  100 USD 
MT4 Account
VPS (Recommended)
 
FILES
1 Expert Advisor file
User Manual

  • Description

    Trading Volume is an important parameter that is often overlooked in technical analysis by most forex traders. Since trading activity with increased volumes is often associated with price reversals, forex traders consider these areas important. Volume profile indicator for mt4 provides forex traders with low volumes, high volumes, and a volume point of control, VPOC. VPOC or POC is considered an important support or resistance area where trading volumes are at a peak level. As a consequence, the market is highly likely to reverse in the VPOC

  • Setting

    • Range period: Chart period used to calculate.

      Range count: Count to include.

      Timeshift: Shifts the indicator values.

      Mode step (points): Steps in points.

      Point scale: Multiplier of the steps.

      Volume type: Uses Tick volume of MT4 by default, forex traders can change to Real volume.

      Data source: Source of the volume.

      Bar style: Style of the indicator bar.

      Draw direction: Direction of the indicator bars.

      Color 1: bar color.

      Color 2: bar color.

      Line width: Width of a bar.

      Цвет режима: Цвет точки контроля объема VPOC или POC

      Максимальный цвет: Максимальный объемный цвет.

      Медианный цвет: цвет медианного объема.

      Цвет VWAP: средневзвешенный цвет по объему.

      Ширина линии режима: значение ширины линии.

      Стиль линии медианы и VWAP: стиль линии.

      Идентификатор: Идентификационная метка диаграмм.

  • In conclusion

    • The volume profile indicator for mt4 provides the forex day traders with a complete snapshot of the volumes. However, Volumes profile combined along with TPO helps the forex trader to have a market profile analysis. In short, the volume point of control, VPOC, also known as POC, provides visual clues of potential market reversal zones in the charts. On the whole, this indicator offers excellent trading opportunities.

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