Today a new version of Market Profile indicator for MetaTrader 4 and 5 has been released. There are three main additions to the indicator this time:
The biggest one is the rectangle sessions. They are enabled by setting the Session input parameter to Rectangle and adding any rectangle object to a chart (you would also need to rename it to “MPR” or “MPR
Single print marking using either additional blocks to the right of the
Prominent medians (PPOC) — medians that contain a significant share of potential TPOs — can now be highlighted too. Here, the prominent median (ProminentMedianPercentage set to 50) is highlighted with yellow color:
You can get the code of the MT5 and MT4 versions or read more info about this market profile indicator.
If you find any bugs in this MetaTrader indicator or if you want to make a suggestion regarding its functionality, please use the commentary form below.