The Market Profile indicator graphically displays information about the price and time in the form of a distribution. Advantages of Market Profile:

• Defines the time, the value of tick volumes traded at certain price levels or in price ranges during the period.
• Determines the prices perceived by the market as fair.
• Defines support and resistance levels to predict future price movements.

Each group of letters displays shows the price or range of prices at which trades were made, usually on the M30 timeframe.

The control point ” POC ” indicates the price or price range at which transactions were made most often during the profile period.

The Initial Balance Range value shows the price range in which trades were made during the first two profile periods (A and B)

• Allows you to set up up to four sessions per day. You can select the number of sessions to display (1, 2, 3, or 4) by setting a special parameter.
• Easily view market data, such as initial balance, value area, POC, single order execution, and midline.
• Mark up the price range levels by clicking on the additional scale level created by the indicator.
• View a segmented profile.

• Show Tick Volume Profile-displays tick volumes: value and histogram, value only or hide.
• Row Size in Pips – the number of pips to compress the profile price.
• — Mini Grid Multiplier – Grid Lines = (Mini Grid Multiplier) * Row Size in Pips
• — Big Grid Multiplier – Thick Grid lines = (Big Grid Multiplier) * Grid Lines
• Font Size – the font size for the TPO (Time Price Opportunity).
• IB Bar Numbers – the number of bars for the initial balance.
• Show Session#1-enable / disable session #1.
• — Session#1 Name – the name of session # 1.
• — Session#1 Start Time – Session #1 start time.
• — Session#1 End Time – the end time of session #1.
• — Session#1 TPO Color – the TPO color of session #1.
• Show Session#2-enable / disable session #2.
• — Session#2 Name – the name of session # 2.
• — Session#2 Start Time – Session #2 start time.
• — Session#2 End Time – the end time of session #2.
• — Session#2 TPO Color – the TPO color of session #2.
• Show Session#3-enable / disable session #3.
• — Session#3 Name – the name of session # 3.
• — Session#3 Start Time – Session #3 start time.
• — Session#3 End Time – the end time of session #3.
• — Session#3 TPO Color – the TPO color of session #3.
• Show Session#4-enable / disable session #4.
• — Session#4 Name – the name of session # 4.
• — Session#4 Start Time – Session #4 start time.
• — Session#4 End Time – the end time of session #4.
• — Session#4 TPO Color – the TPO color of session #4.