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Re: Market and Volume Profile Indicators for MT4
Posted: Wed May 12, 2021 6:24 pm
by Ogee
naluvs01 wrote: Wed May 12, 2021 5:59 pm
Hi Everyone,
I found this market profile indicator and I think it is a pretty good one. One question, this indicator seems to have the information drawn at the beginning of the month. Doesn't Market Profile indicators normally show levels as the day progresses? I'm just not sure if this does or is it repainting.
Thanks in advance for your responses!
This is working on a M5 chart with the Profile Time Frame on AUTO and time of day start time set to 8 but also needed to put 8 in the on chart pink box.
The auto time frame came up automatically as D1 (green box)
Looks an interesting MP indy, does Volume Profile as well and unlike most others doesn't seem to slow mt4 down but the candle colours flash on each tick change not sure why.
Re: Market and Volume Profile Indicators for MT4
Posted: Wed May 12, 2021 11:27 pm
by naluvs01
Ogee wrote: Wed May 12, 2021 6:24 pm
This is working on a M5 chart with the Profile Time Frame on AUTO and time of day start time set to 8 but also needed to put 8 in the on chart pink box.
The auto time frame came up automatically as D1 (green box)
Looks an interesting MP indy, does Volume Profile as well and unlike most others doesn't seem to slow mt4 down but the candle colours flash on each tick change not sure why.
Thanks for your explanation. Yeah, I noticed the candles flashing as well. I just found this indicator and it seems to be the only VPOC I understand and trust. Thanks again!
Re: Market and Volume Profile Indicators for MT4
Posted: Fri May 14, 2021 3:00 pm
by naluvs01
Ogee wrote: Wed May 12, 2021 6:24 pm
This is working on a M5 chart with the Profile Time Frame on AUTO and time of day start time set to 8 but also needed to put 8 in the on chart pink box.
The auto time frame came up automatically as D1 (green box)
Looks an interesting MP indy, does Volume Profile as well and unlike most others doesn't seem to slow mt4 down but the candle colours flash on each tick change not sure why.
Hey Ogee, I just updated my MT4 and now this indicator gets hung up on Cryptocurrencies. It works fine and quickly on all other charts. I downloaded 2 other VPOC and they're yielding the same results, hanging my MT4. Are you getting the same results?
Thanks...
Re: Market and Volume Profile Indicators for MT4
Posted: Fri May 14, 2021 3:21 pm
by Ogee
naluvs01 wrote: Fri May 14, 2021 3:00 pm
Hey Ogee, I just updated my MT4 and now this indicator gets hung up on Cryptocurrencies. It works fine and quickly on all other charts. I downloaded 2 other VPOC and they're yielding the same results, hanging my MT4. Are you getting the same results?
Thanks...
Yes, that one hangs mt4 on crypto but is ok on currencies and indices. Haven't tried any others on crypto.
Re: Market and Volume Profile Indicators for MT4
Posted: Sat May 15, 2021 3:24 pm
by BizanJunior
Ogee wrote: Wed May 12, 2021 6:24 pm
This is working on a M5 chart with the Profile Time Frame on AUTO and time of day start time set to 8 but also needed to put 8 in the on chart pink box.
The auto time frame came up automatically as D1 (green box)
Looks an interesting MP indy, does Volume Profile as well and unlike most others doesn't seem to slow mt4 down but the candle colours flash on each tick change not sure why.
There are some that allow you to determine the volume to appear in periods.
For example, every other day. Or every day and so on.
Any of these volume indicators is already 40% minimum of accuracy ... in each trader ...
Re: Market and Volume Profile Indicators for MT4
Posted: Wed Sep 01, 2021 12:43 am
by Banzai
credit to kette from Forex Factory forum.
I learn a lot from him.
Re: Market and Volume Profile Indicators for MT4
Posted: Wed Sep 01, 2021 3:11 am
by Banzai
Attached is a template to show you how turn off some colors.
Re: Market and Volume Profile Indicators for MT4
Posted: Wed Sep 01, 2021 5:02 pm
by ChuChu Rocket
Banzai wrote: Wed Sep 01, 2021 12:43 am
credit to kette from Forex Factory forum.
I learn a lot from him.
Thank you for taking the time to elaborate more on the use of Market Profile in Forex. Those pictures are a big help. Although it's still a challenge to see where price is above or below the POC, at least this gets people started.
Re: Market and Volume Profile Indicators for MT4
Posted: Thu Sep 09, 2021 12:25 am
by shaileshm
hi guys,
is there any indicator which can plot the POC of 1M chart (and possible also on offline charts) via tick calculation?
Re: Market and Volume Profile Indicators for MT4
Posted: Thu Sep 09, 2021 4:10 pm
by vvFish