MarketProfile MetaTrader 4 Forex Indicator,draws the market profile.
Colored sessions: yellow – Asian session, blue – European session, red – American session. It displays results on M30 and M15.
Parameters:
StartDate – for backtesting (from what date to start drawing)
LastdayStart – if it is ‘true’, then it draws up to the last day (StartDate is ignored)
CountProfile – set how many profiles should be drawn.
Mode is drawn in white. Volume is not considered. There are situations where it considers volumes, but it 99% matches it. IMHO, it is of no importance for Forex.
MarketProfile MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
MarketProfile – it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to install MarketProfile indicator for MetaTrader 4.mq4?
Download indicator for MetaTrader 4.mq4Copy MarketProfile to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on MT4 indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 4.mq4 is available on your Chart
How to remove MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete.
Related Indicator:Bid View MetaTrader 4 Forex Indicator
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