Market Overview MT5 - MetaTrader 5 Script | Forex Indicators Download - MetaTrader 5 Resources

Market Profile MetaTrader indicator — is a classic Market Profile implementation that can display price density over a period of time, outlining the most important price levels, value areas and controlling values ​​for a given trading session. This indicator can be attached to the timeframe between M1 and D1 and will show a market overview for daily, weekly, monthly or even intraday trading. Shorter time frames provide greater accuracy. It is recommended to use a higher time frame for better visibility. Free-drawn rectangle sessions can also be used to create custom market profiles for any time frame. Six different color schemes are available for painting the blocks of the profile. Profiles can also be plotted as solid color histograms. Alternatively, you can choose to color the profile based on bullish/bearish bars. This indicator is based on naked price action and does not use any standard indicators. Applicable to MetaTrader 4, MetaTrader 5

Attachment download

📎 marketprofile.mq5 (172 KB)

Source: MQL5 #55396