Market Profile

[vnwefo802]

@vnwefo802 It looks like you are using some old version of Market Profile indicator. Please download and try the latest version:
https://www.earnforex.com/metatrader-indicators/MarketProfile/#Downloads

I have tried the new version and it's great for 4hour,daily but it makes my MT4 lag


In the old version of Market Profile indicator it has a small volume like this







In the latest version of market profile it doesn't have any small volume like the old version of the market profile








Do you think i can do anything about the lag and also the small volume areas.

 

[vnwefo802]

I have the same issue and it seems to be universal with this type of indicator. I figured out what is going on. They all work on the same premis that involves time or more precisely date in our case. So nothing is wrong with the indicator nor your mtx. I'm pretty sure now that it was the date change/New year that somehow effected the indicator.

So try this: There should be an option to adjust the amount of days you want apply it to. First, go into that chart and delete the indicator. Then go to indicator ---> custom ---> then find your mktprofile indi then select it. BEFORE you apply it, go into the settings and adjust for THREE days since only three TRADING calendar days have passed in the new year; then set it, apply and ok. It should work and only show three days. Now this will change after there are more days passed, but till then you'll have to adjust as more days are in the new year are logged into Mtx - four then five and so on till you reach your wanted ten days I think I saw you set. Get it? This is what I did and I also use 30 min.

I think this is just the way the apps, mine is similar, are coded. It will come back as more days pass. If you take a look in: Terminal(it's one of the icons on the tool bar, hover your mouse over it and it will say "termianl") -->Experts, then scroll through the notes and you'll probably see a red error message saying something like "array out of range" and then the name of the mkt profile indicator.

So just follow the method I went through above and it should go back to normal as the days go on. I think the reason is that the indicator is preset to a default amount of days and won't work correctly until the number of days pass. And in your case you will have to wait for eleven days to pass to see ten days of profile. Okay?

I'm not a coder, but I am good at reasoning and problem solving. It's why I'm also a good trader.

BTW: Who's data feed is that?

Thanks i will use what you told me. I will use the latest version market profile as well because i like

 

[Enivid]

Do you think i can do anything about the lag and also the small volume areas.

To reduce the lag, you can increase the PointMultiplier input parameter (to 5 or 10, for example) and also set some non-zero ThrottleRedraw parameter.

As for the breaks in the profile, I am not sure - if you zoom in or just change the scale, it disappears. I don't know why it shows in the new version vs. the old one, but I will try to check it.

PS: Could you please attach the code of the old version you used here? Because the one you've attached in this post isn't the old one (it has different input parameters compared to the ones you show in your screenshots).

 

[Alexandro]

Hi guys.
Thanks for the indicator.
I would like to use the first version.
She does not slow down mt.
Share please.

Or tell me how to change PointMultiplier to 1 in this. https://www.earnforex.com/forum/threads/market-profile.4542/post-102281

 

[Enivid]

Or tell me how to change PointMultiplier to 1 in this. https://www.earnforex.com/forum/threads/market-profile.4542/post-102281

You can just replace the lines 91-93 in the code with this line:

DigitsM = Digits;

 

[Alexandro]

You can just replace the lines 91-93 in the code with this line:

DigitsM = Digits;

thanks
does not work
profile disappears

 

[Enivid]

thanks
does not work
profile disappears

Yes, sorry for that. One more modification needed:
Find this line:

    string LastName = " " + TimeToString(Time[start_bar - range]) + " " + DoubleToString(price, 4);

And replace it with this:

    string LastName = " " + TimeToString(Time[start_bar - range]) + " " + DoubleToString(price, DigitsM);

 

[Alexandro]

Yes, sorry for that. One more modification needed:
Find this line:

    string LastName = " " + TimeToString(Time[start_bar - range]) + " " + DoubleToString(price, 4);

And replace it with this:

    string LastName = " " + TimeToString(Time[start_bar - range]) + " " + DoubleToString(price, DigitsM);

Thanks
I understand that PointMultiplier will be 1?
it is not possible to change to 2,3,5,10?

 

[Alexandro]

I also wanted to ask where in the old version of mр change Throttle Redraw?

 

[Enivid]

I understand that PointMultiplier will be 1?
it is not possible to change to 2,3,5,10?

Yes, it will work as if PointMultiplier parameter was set to 1. You would need to make quite a lot of changes to add the PointMultiplier parameter.

I also wanted to ask where in the old version of mр change Throttle Redraw?

Same as with PointMultiplier, it is not so simple. You could try doing that by looking at the places in code that use ThrottleRedraw parameter, but I recommend just using the latest version because it has quite a few other bugs fixed, which you would need to be dealing with somehow.

 

[Alexandro]

but I recommend just using the latest version

I like him.
But he has such a problem.
I noticed this on tf m5.

And also not displayed on m1.
And I do not know how to turn off the alert.

 

[Enivid]

I like him.
But he has such a problem.
I noticed this on tf m5.

That's the issue with MT4. I am aware of it, but I have no idea how this can be fixed.

And also not displayed on m1.
And I do not know how to turn off the alert.

None of my MarketProfile versions worked with M1 profile, but you can disable the timeframe checks by commenting out the Alert() and return calls inside both OnInit() and OnCalculate() event handlers.

 

[Alexandro]

That's the issue with MT4

But on the old version mp this problem is not.

 

[Alexandro]

I noticed when SingleColor in the color scheme this problem disappears.

 

[Enivid]

But on the old version mp this problem is not.

I noticed when SingleColor in the color scheme this problem disappears.

I think I know how to circumvent the bug and I will try to release the updated version soon.

 

[Enivid]

Market Profile version 1.14 has been released today. It implements suggestions and fixes bugs reported here and via email. You can see a complete list of changes in the changelog.

The new version is also available via GitHub.

Here is how it looks with value area side borders set to clrNone and with only previous session's rays set to interrupt:

 

[Claudio Miguel Muller]

Hello,
when I activate ColorBullBear to true...

shows in the MarketProfile histogram 3 colors,
as shown in the image/attach,

how to interpret this?

What does the three colors mean?

Thanks.
Obs: Sorry my english! i am from Brazil!

 

[Enivid]

Hello,
when I activate ColorBullBear to true...

shows in the MarketProfile histogram 3 colors,
as shown in the image/attach,

how to interpret this?

What does the three colors mean?

Thanks.
Obs: Sorry my english! i am from Brazil!

Blue is the color from the bullish bars, red is from the bearish bars. Pink is from non-directional bars (where Open = Close).

 

[Alexandro]

Hi, Enivid.
Is it possible to implement the rectangle function?
Place a profile in any zone.

 

[Enivid]

Hi, Enivid.
Is it possible to implement the rectangle function?
Place a profile in any zone.

Thanks for the idea! I will think about it.