Forex UPD1 Profile Levels MT4 Indicator

Forex UPD1 Profile Levels MT4 Indicator:

About the Forex UPD1 Profile Levels MT4 Indicator

The indicator finds the levels of the maximum and minimum price volume (market profile) on the working histogram for the specified number of bars.

Histogram height is fully automatic and adapts to any instrument and timeframe. The author’s algorithm is used and does not repeat the known analogs.

The height of two histograms is approximately equal to the average height of the candle

smart alert will help you inform about the price touching the volume level

Input parameters

  • Bars Count
  • Signal Fractal = 5 (for color signal levels) The level will become a signal under the following conditions: Above and below there are five histograms not exceeding it
  • Min Candles For High Volume Level – The minimum number of candles at the level so that it can become a signal
  • Show On Shart – Histo / Histo+Rectangle / Rectangle
  • Histo Weight in % – Height of the histogram. Affects the gap between histo
  • Shift X in px – Right indent in pixels
  • Size in px – maximum width of the histogram in pixels
  • Histo + Signal Levels + Support And Resistance Color
  • Alert – On/Off — Activates the block with the settings below
  • Repeat Signal – Enable / No Signal (Smart Alert)
  • Show Touch Points – Shows all touches of price and signal levels (No Alert)
  • Alert Work Time – 00:00-23:59 – specify the time when the alert can beep
  • Alert Pop Up –  On/Off
  • Alert Push –  On/Off
  • Alert Email –  On/Off
  • Alert Sound –  On/Off
  • Alert Sound Name

Test results:

Forex UPD1 Profile Levels MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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