The Volume Profile Indicator MT4 is a volume indicator for MetaTrader 4 and is designed to provide forex day traders with a comprehensive overview of market volumes. Volume lines are drawn on the main chart with high customization options available. The Indicator helps identify potential reversal areas. Furthermore, the highest volume point serves as a key reversal point and proves to be an excellent support or resistance area.
This indicator suits traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, for a comprehensive overview of market volumes.
Indicator Settings
How to Install Volume Profile Indicator MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
