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VolumeProfile Indicator

TMVolumeProfileBA (BidAsk) Indicator

Real-time VolumeProfile (Footprint) indicator, which shows where trades has been accumulated, several options to start the position calculations from button pressed to automatic ones... See the parameters.

This is a real-time indicator only. It functions only on real-time data and therefore does not plot any values on historical data. If you change any property, interval or instrument on a chart, this indicator will restart and any accumulated real-time data plots will be lost.  

BUT I have another TMVolumeProfile, which shows historical trades, non MarketDepth dependent volume profile (but no that BidAsk last information in that case, only cumulative). Ask that if interested., same license so two indicators with one license.


Parameters (Default):

  • AutoClearBars (0):  Clear data after so many bars, set 0 to keep calculations going on... You can use a button to clear the data at new version.
  • ClearButton (True): Add manual clear button to the chart, press -> Clear.
  • ResetLastBid/Ask at diff level (False): If true, reset cumulative ask/bid level at different level, good to show last trades at that level.
  • ShowCumulative (True): Show all the cumulative values.
  • ShowLastBidAskCum (True): Show the last bid/ask level traded, Last one shown in the "box", (keep those on the chart one bar although keep the values based to other settings).

Visual Parameters 

  • CumulativePlacement (-7) : bars from last bar left (+) or right (-) Adjust right side margin from the chart large enough as otherwise you don't see anything!
  • LastPlacement (-3): bars from last bar to left (+) or right (-)
  • Colors + Font (): self expl.

Other  

Important!. Set chart Properties... (Ctrl + T)  -> Right side margin large enough to see those values, like 80. Remember to press Apply.

Download: NT7 NT8  (New BATree version)

Be free to test.

Purchase (PriceGroup2).

License: TMVolumeProfile


 

New version:

Which show more info   always bid/ask  bid/ask/sum and possible to show info per bar as well:


Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could  potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. 
Hypothetical Performance DisclosureHypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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