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level_sensor_116 - Indicator for MetaTrader 4

level_sensor_116
TypeIndicators PlatformMT4 Version10 Date created 6 June 2016 Date updated10 July 2017
Formatmq4 Size4.6Kb Downloads240 Rating
4.51 of 5
based on 35 rates

The market profile is created to read objective information generated by the market. It takes into account the horizontal and vertical movement of the price, which gives an excellent set of models in the end.

In this profile, there are no bars, but time segments are shown in a special way. The figure below shows how the 30-minute bar chart (black) is transformed into a market profile (red.)

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