Hi ND,
Do we have anything like these?
Regards,
Jag
Printable View
Hi ND,
Do we have anything like these?
Regards,
Jag
There are a lot of this tool (with some variations) on MQL5 CodeBase: https://www.mql5.com/en/search#!keyw...odule_codebase
And there is one article about it -
The Price Histogram (Market Profile) and its implementation in MQL5
Thanks ND. Got it.
Quote:
Originally Posted by newdigital
A forex trader needs to choose appropriate trading strategies according to his trading capacities. No one can achieve success here without performing trading activities within his trading level. Again, a trader must be efficient in selecting trades otherwise he won’t be able to perform his trading activities strategically. And yes, in unstable market situations, a foreign currency exchange trader must try to trade with smaller trading lots to keep risk lower.
Thanks newdigital.Quote:
Originally Posted by newdigital
I am less understand how to analyze the trend based volume indicator, because I think volume indicator only take volume in the broker not from all market, so maybe the volume bar not reflecting all volume in real market
Volume is a crucial component in technical analysis, and while it's true that the volume data you see is specific to your broker's platform, it can still provide valuable insights into market dynamics.Quote:
Originally Posted by FXchartist
shell shockers
Market/Volume Profile is a crucial concept in the world of financial analysis and trading. It provides traders and investors with valuable insights into the dynamics of a market by visualizing trading activity and volume at different price levels. This tool has gained significant popularity among both novice and experienced traders due to its ability to uncover hidden patterns and potential trading opportunities.Quote:
Originally Posted by FXchartist