Market Profiles

Indicator that allows to build periodic profiles of the market.

*Note! When setup at first, the indicator has the settings by default, and those settings are not suitable for all instruments and time-frames, thus it has to be setup.

To add and setup the following indicator, open the Indicators Setup window.

Market Profiles indicator setup

*Note! The indicator calculates based on the data loaded on the chart. That is, if you upload to the chart 5 days, and the indicator period select a month - it will not calculate the data for the month, but only for 5 days.

CalculationSettings.

CalculationMode - 4 modes are available:

• Volume
• Trades
• Time
• Delta

CustomProportion – market profiles will be built proportionally to the custom set volume. Value 0 turns off this option.

External Period – choose indicator period settings.

• M1
• M5
• M15
• M30
• Hourly
• Daily
• Weekly
• Monthly
• All period

Filter.

Color – color setup for the filtered price levels.

Enabled – enable/disable filter.

Full Lines – when the range for the filter are entered, price levels will be highlighted. If this option is enabled, those levels will extend for the full timeframe.

Maximum – entering the maximum parameter for highlighting.

Minimum – entering the minimum parameter for highlighting.

Cumulative values
Show Cumulative Values - enable/disable display of the cumulative values in the chosen time frame.

Location - choose place of cumulative values display

• Top Left
• Top Right
• Bottom Left
• Bottom right

Maximum Level.

Max.Level Color – color setup for the maximum level of the histogram.

Show Maximum Level Text – display the values of volumes at the maximum level.

Text Color – color setup of the maximum level text.

Transparency – transparency setup for the maximum level.

Type – choose the principle of the maximum level building. 8 options are available:

• Volume
• Trades
• Time
• Delta
• Positive Delta
• Negative Delta
• Bid
• Ask

Value Area.

Color – color setup for the Value Area line.

Show Value Area - enable/disable display of the Value Area lines.

Value Area Transparency – trasparency setup of the Value Area lines.

VisualSettings.

Area Color – color setup of the profile background (of the chosen time frame).

Area Transparency – transparency setup of the profile background (of the chosen time frame).

Grid Color – color setup of the grid.

Profile Color – color setup of the profile.

Profile Transparency – transparency setup of the profile.
On Top – display market profile on top of the price chart (display on top or below the chart).

Show Grid - enable/disable display of the grid in the chosen time frame.
Grid Color - choose grid color.

Show Text - enable/disabletext display in the profile.

Text Color – color setup of the text in the profile.

Visual Mode – profile drawing style. 2 options are available:

• Bars
• Solid