The market profile charts are very popular and tell us the story of price, where it began, where it consolidated most of the time, and where it ends.
cTrader was lacking a market profile indicator for a very long time and due to cTrader Automate (cAlgo ) API limitation it wasn’t possible to create a high-quality fast loading market profile indicator but all changed after the release of cTrader Automate API 3.01 which allows drawing transparent objects on the chart.
Our market profile indicator came in five different versions, you can find more detail about each of there versions on indicator documentation.
Features
Using different colors for drawing value area, value area high, and value area low
Plots the POC or point of control in a different color from rest of the profile bars which is the longest bar in profile
Being able to set the number of profiles to draw
Setting the profile bars width in symbol Pips
Separating each profile with a separator vertical line
Setting the bars color transparency or alpha value
Setting the bars maximum length based on chart x bar number
Five different versions for different time periods
1 review for Market Profile
Rated 5 out of 5
amine.sirius (verified owner)–
so cool and flexible and usfull,i advice any trader to use it 🙂 such great tool in ctrader
amine.sirius (verified owner) –
so cool and flexible and usfull,i advice any trader to use it 🙂 such great tool in ctrader