Market Profile Indicators for MetaTrader

scrat

New Member
Hi,

Below are the working market profile indicators. 

You can use them with MT4 for finding the price where it was traded a lot.

Market Profile is an expert charting technique that uses time and price to identify the most traded value area and highest traded price.

Using Market Profile, you can decide where the price is going and which direction to trade. 

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Attached two market profile indicators.
 

Attachments

  • MarketProfile_31.ex4
    113.9 KB · Views: 41
  • riv_ay-TPOChart.v102-6.rar
    849.5 KB · Views: 50

Farabot

New Member
Seems good indicator, but how to use as rules to entry is no detail explanation, the user only guessing how to use, in my view these line as support and resistance level, where trader can use pending order based indicator to make entry point
 
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