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this marketplace Profile defines a number of types of days that help a trader comprehend market behavior. The key characteristic is the
Value Area, which reflects the assortment of price action where 70% of the trade occurred. Understanding the range of
values will help traders understand the management of the market and establish a trade with a higher chance of success. It’s a great
addition to any system you might be using.
Blahtech Limited presents its Market Profile indicator to the MetaTrader community. inspired by the book of James Dalton’s “Mind over
Markets”, this indicator is designed to meet the needs of all traders trading on the profile. It provides
functionality that is usually only found on futures platforms, and also adds useful innovations such as focus
switching and history testing mode.
- Setting up presets for schedules on higher timeframes
- Automatically switch focus to the next active session
- Selection of trading rules – Open, IB Extension and Rotation rules
- Multi-session display
- History test directly on the chart
- Custom session Times
- Custom intervals and timeframe period
- Market and volume profiles
- General market and volume profiles
- Text profiles of time-price opportunities (TPO)
- Customizable initial letter of time-price opportunities (TPO)
- The range of values, the range of values of the volume
- Initial balance, Point of control)
- Hot keys for quick access
Full parameter documentation – https://www.mql5.com/en/blogs/post/700844
- Configuration Preset – Select custom or predefined schedules. Hotkey “0”
- Intervals- Number of period intervals to display
- Interval Period
- TPO Period
- TPO size – Size of time-price opportunities
- TPO Schedule 1-7 – Schedule of time-price opportunities
- TPO Schedule Names
- TPO Schedule Display-Displays one or more schedules. Hot key “/”
- TPO Schedule Active Mode – The mode of active time-price opportunities, automatic/manual.
- TPO Active Schedules – Comma-separated list of active sessions, for example 2,1,3
- Profile Lines – Select which lines will be displayed on the chart. Hotkey “L”
- Profile Lines Color 1-7, styles, fonts – color, style, font of profile lines 1-7
- Profile Lines Width Horizontal
- Profile Lines Width Vertical
- Profile Lines Titles
- Profile Lines Extend Active Schedule
The total amount
- Overall Volume – Displays a graphical profile. Hotkey “M”
- Overall Volume Interval Period
- Overall Volume TPO Period
- Overall Volume TPO size
- Overall Volume TPO Outline-Outline style (Single line). Hotkey “K”
- Overall Volume TPO size
- Overall Volume TPO Offset (Bars)
- Overall Volume Max Width (Bars)
- Overlay Charts-Display a graphical profile. Hotkey ” N”
- Overlay Charts Join Lines-Dividers between each time-price opportunity. Hotkey ” J”
- Overlay Charts Colors x7 – overlay chart colors
The text of the profile
- Profile Text – The profile text to display to the right and left of the chart. Hotkey ” V”
- Profile Text Colors x6 – profile text colors
- Profile Text Show Rows
- Profile Text First Letter
- Summary Text Font, Size, positions – font, size, position of the short text
- Summary Text Composite Day Text – summary text of the summary day
- Hot Keys-Display the hot keys dialog box. Hotkey “H”
- Hot Keys Text Size, Positions – the size, the position of the text panel
- Hot Key Map
Other duplication options:
- Instance Id
- Calculator Tpo Size Factor – Hotkey “T”
- Calculator Value Area Percent
- Calculator Value Area Detection – Equal Hi/Low Method
- Calculator Recalculate Tolerance (Percent TPO Size) – Schedules, Overall
- Configuration Presets – Overall Volume Intervals
- Profile End Realtime Colour Early (mins)
- Backtest Mode Expire Time (mins)
- GMT Offset – Use Daylight Savings
- GMT Offset
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Leave a Review
Waste of money! The majority of the times doesn’t show anything, no profile in any respect. If it reveals any profile it’s with barely any detail. Highly overrated! Not suggested for purchase.
It is an excellent tool for dealers. Thank you for your development!
Extremely comprehensive and profession tool for Volume Zone trading.
My trading strategy relies on Supply Demand and Market Profile. In order to get solid MP index, I had to let sierrachart package5, though I’m trading from MT4, as there wasn’t any MP indicator available for MT4 platform I would trust to. This index does exactly what I need: it shows value places and POC of any desired trading session (it was compulsory for me) and it shows me current (and yesterday´s) construction of market profile. On top of this, it’s one cool feature I havent seen everywhere else — backtest style. It is simple to customize and it does not slow down my stage. Totally worth the money.
Fantastic tool. I’d used other market profile indicators before that were just crashing MT4. Finally an indicator that works well and is extremely clear to utilize. Additionally, like the other indicators, has a back-testing style that is quite useful.
Three stars due to lack of adequate material describing the purpose of each setting and how to use it. When you are promoting a high-end indicator like this with all these settings, you should at least provide sufficient documentation (with images) describing how to use every setting and what its objective is. You have provided some material, but for the most part, you’ve left it up to the user to figure out how to use the index. That’s not a professional means to do business.
The best market profile index for MT4 available on the marketplace. Great alternative if you don’t want to use Sierra chart or Ninja trader.
Bester Indikator… vielseitig, präzise, zuverlässig… complete Kaufempfehlung!
I bought this indicator together with the Daily Range indicator over a month ago so I can give an honest review. I have to say….just as the Daily Range Indicator, Market Profile is amazing. I have this indicator currently running on 15 charts at the exact same time on an older PC and I haven’t experienced a slowdown or freezing MT4. The characteristics in this indicator are really amazing, making my life so much easier. Thank you Blahtech 🙂
I can’t compliment Blahtech limited and Deeyana enough, they’ve made excellent work providing these high quality indicators for sale.
Simply the best market profile I’ve seen for Mt4, they are professional indexes for people that want the best instruments available,
I bought the industry profile and they even customized it for me at no extra cost, that is a good company and fantastic people. The indexes cost a little bit more than others on the market, but the high quality and features they provide makes no comparison on the Mt4 market, and easily makes up for the price tag, entirely worth it if you want the very best tools! Advocated
The ideal indicator on MT4 marketplace.
Useful and fully functional.