Price distribution 4

Price distribution 4

Price distribution indicator 4 – is the author’s realization of market profile indicator (Market profile). LED displays using graphical objects sharing rates on the vertical axis for a certain period of time. Quantitative measure in the calculation is the tick volume. The indicator is calculated on data timeframe M1. The indicator is updated when a new bar.

Input parameters

  1. Period – Number of the last bars of the current timeframe for the calculation;
  2. Scale – Scale image horizontally;
  3. Left side – Flag display at the left / right border of the window;
  4. Color – The value of the color levels.

Price distribution 4

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