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marketplace Profile is an wonderful instrument!

it’s also known as quantity Profile.

With it you can identify regions of weak and strong negotiation, finding regions of buildup (support
and resistance), thus seeing the market with other eyes.

instead of measuring each candle quantity as default volume indicator does, the Market Profile quantify the volume by
cost
.

Demo version: https://www.mql5.com/pt/market/product/39828

Configurations:

  • MAIN OPTIONS
  • From interval – span to extractvolume data.
  • To period – period which will be showed the data.
  • ranking – position on chart, left side or right side of window.
  • Precision – volume reading accuracy. Higher accuracy more CPU consumption.
  • Seconds to update data – seconds to update volume data. Scalpers must use 1-5 seconds. Swing traders 60-300 seconds.
  • APPEARANCE
  • Type – line or rectangle type.
  • Width – that is it 🙂
  • Size – that is it 🙂
  • Color – that is it 🙂
  • Fill with color – fill rectangles with color (off = borders only).
  • Behind candles – draw behind chart.

[spoiler title=”Read More…”]

Any question or suggestion please contact us!

Enjoy!

Any question or suggestion please contact us!

Enjoy!

[/spoiler]

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