Volume Profile

[Enivid]

Discuss Volume Profile indicator in this thread. The indicator displays volume profiles of arbitrary length and is freely available for MT4 and MT5. You can ask any questions about this indicator here.

 

[ruma29]

There is a need to have Volume profile besides market profile
(https://www.earnforex.com/metatrader-indicators/MarketProfile/)

For those who don't believe in volume in forex here is supporting and educational material:
http://volumeprofile.org/

Also tradingview.com offers volume profile indicator: see attached picture.

It would be appreciated by many if someone willing to create such indicator for MT4 and MT5

Thank you

 

[MMII]

Hi There,
How can i have volume profile for each day separately at the same time?

 

[Enivid]

Hi There,
How can i have volume profile for each day separately at the same time?

Set the Calculate With Previous (Type of Units) input parameter to DAYS.

 

[MMII]

Set the Calculate With Previous (Type of Units) input parameter to DAYS.

I set Calculate With Previous (Type of Units) input parameter to DAYS but just 1 indicator is shown on right of the chart not 1 indicator for each day.

 

[Enivid]

I set Calculate With Previous (Type of Units) input parameter to DAYS but just 1 indicator is shown on right of the chart not 1 indicator for each day.

You can add as many as you like. Just don't forget to change the Indicator Short Name parameter. You also need to set Show Volume Profile Up To to MANUAL SELECTION.

 

[MMII]

You can add as many as you like. Just don't forget to change the Indicator Short Name parameter. You also need to set Show Volume Profile Up To to MANUAL SELECTION.

Thanks for your reply,

For example I want to volume profile for Day 30 April. Are these settings right?

 

[Enivid]

Thanks for your reply,

For example I want to volume profile for Day 30 April. Are these settings right?

"Time Range For Calculation" is not a real input parameter. It's a header.
If you want a profile for April 30, you add it for a manual selection and then drag the vertical line to the session's end. That's it.

 

[MMII]

I got it. There is a bug that when time frame is changed, the position of VP moves to last candle.
By the way, is it possible to show Value Area somehow?

just as a suggestion for enhancement i think it is better like Market profile, Volume Profile is drawn for each day automatically.
Thanks for your great effort.