Watch the testing video here:
Volume Profile on Time Range Indicator
Introduction to the Volume Profile on Time Range Indicator
The Volume Profile on Time Range indicator provides a volume profile for a specific period of time.
The volume profile is displayed on the right side of the trading chart in the form of olive-green bars. The best entry points occur when the bars are small, so pay attention to candlestick patterns and small volume profile bars for optimum performance.
It fits all kinds of timeframes and currency pairs.
The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Volume Profile on Time Range indicator in MT4?
Copy and paste the volume-profile-on-time-range.ex4 or volume-profile-on-time-range.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
Share this on: