BoxProfile MT4

Recommended for trading by the method of «Market Profile», and «VSA».

Indicator displays on the same graph profiles of different periods, the minimum period of 15 minutes, the profile, the period of each subsequent profile previous twice. On each profile displayed its VAH / VAL value zone. Price levels, where the boundaries of the zones cost profiles of different periods converge in one line, are very robust levels of support / resistance.

To confirm the strength of the level indicator display on the graph region of the cluster volumes. These regions are sorted, and, depending on the value, marked with the appropriate color.

Features of the indicator:

The indicator works on M1 periods, M5, M15, M30, H1, H4, but calculations using only historical data M1 period, so before installing the display, the maximum load the history of M1 through MT4 menu Tools->History Center, or simply scrolling M1 chart history "until it stops." In the absence of data, the indicator displays the message «No data period M1» and perform a clean build, starting from the place where the story there.

All the constructions of light only in the visible region of the graph view, but you can scroll down in history. In moments scroll graphics display "flickers", this is normal, there is resorting volume clusters.

The indicator has «NoVolumes» mode. In this mode, the volume of each of M1 candles used for calculations, equals it spreads in points. Construction of profiles and volumes clusters thus calculated on the basis of «FootPrint».

Profiles are dynamic, not tied to the time, so moved and modified with the new data coming in on schedule. Lines zones value profiles of different periods of a sort of "walk", are periodically aligned again and move away from each other. In moments of their combination are formed sufficiently strong S / R.

Accumulations volumes sorted in increments of 1/6, that is, in the end we have six color gradations. Color matching these gradations can be customized color variables: LowestBoxColor - to 1/6, LowBoxColor - to 2/6, MiddleBoxColor - to 3/6, MediumBoxColor - to 4/6, HighBoxColor - to 5/6, HighestBoxColor - up to 6/6 of the maximum accumulation in the visible view. If you do not want to display any of these gradations, adjust its color is the same as the displayed color background graphics.

Description of other variables:

The default settings are perfectly suitable for use on any instrument and any period.

• ProfileStepPoint - fixed grid spacing profiles calculations. Is set in the "old" points, the minimum value 0, the maximum value of 50. A value of zero is received from the calculating step variable ProfileStepPointPix. In order to avoid the increased load on the terminal, for such characters as such, GOLD GOLD, in which a very small point size to the height of the graph, it is recommended the value of not less than 20 "old" items.


• ProfileStepPointPix - dynamic grid spacing profiles calculations. Is set in the monitor pixels, the minimum value of 1 and the maximum 10.


• ProfilePriceArea - cost area profiles, the default is set to 75%.


• BoxStepPoint - similar to how ProfileStepPoint, but for the sort of volumes.


• BoxStepPointPix - similar to how ProfileStepPointPix, but for the sort of volumes.


• BoxExcessRemove - feature works as follows: if an arbitrary vertical axis of the graph is a few clusters of neighboring boxes, then to the display remains only the largest of them, the others are removed.


• BoxDensity - In this mode, each cluster box displays the total volume is not, but its concentration. Total volume may not be very large, and even unnoticeable, but if its concentration per unit time is high, it indicates a high activity at this candle / candle at this price level.


• NoVolumes - when the value set to true, the volume of M1 in candles calculations are not used.


• ProfileColor - color profiles.


• ProfileBorderColor - color profiles and frames inscriptions on them.


• ProfileTextColor - Color labels are marked with a maximum of each profile.

Good luck trading!

Video