Volume Profile PRO
The Volume Profile PRO indicator was developed for professional trading. It shows you clearly where the mass is in the market and in which direction the volume is shifting. This helps you to plan your entry and exit points better and thus to pull money out of the market every day.
The special feature of the indicator is that it automatically draws the previous day’s high and low. This shows where the big players in the market get in and out! This function can also be deactivated if it is not desired. All colors can be adjusted according to your own wishes. You can also enter how many days in the past should be displayed.
Installation
The Volume Profile is installed as follows. To do this, go to File at the top left in Metatrader 5, then open file folder —> MQL5 —> Indicators —> Examples. The indicator is inserted there. Then close all windows and restart Metatrader 5. You will now find the Volume Profile in the Navigator window under Indicators. To use it, simply drag it onto the chart.
Now the window with all settings appears. Adjust them for you and confirm with OK. Now you have the volume profile on the chart and can use it for you.