Rectangle Pro download3/2/2024 ![]() To resize it, use the middle point of the rectangle and drag it to left or right. When attaching this indicator to your chart in the MT4 trading platform, you have to choose the time/price range that will be used for calculations of the indicator.Įvery time you will attach the volume profile indicator into your chart, it will create the rectangle highlighting the price/time range used for calculations. According to that, traders can simply plan your trades. The highest values of the histogram serve as the most important price levels in a market. It also tells you the most important price levels and zones for future price moves in any market.īased on the Volume profile indicator, you can easily see where the most important price moves and trading activity is located. The indicator shows at what price levels and zones heavy trading activity and price action is happening. Based on this, the indicator creates the histogram. It is used to determine every single move of a market. The Rectangle Pro Volume Profile indicator uses for its calculation of the most accurate tick data. Visit Site How to trade with Rectangle Pro Volume Profile Indicator? The user can set three colors one for the value area, one for above/below, for the rectangle line itself.ĭefault colors: VA=red, outside=green, line=grey The preferable length of the histogram bars as a percentage of total rectangle width should have a value of 80. Thus, the number of histogram bars should be as high as possible. ![]() The histogram should always be drawn visual without horizontal gaps. It shows a volume by price histogram from the highest to the lowest price. The rectangle box accumulates the volume data of all price bars inside. After dragging, it shows the new values corresponding to its new chart content. The trader can drag the corners to resize it. ![]() The Rectangle Pro Volume Profile Indicator is a combination of volume profile and rectangle pro which can be drawn on any chart (any timeframe). You can now download the Rectangle Pro Volume Profile Indicator for free on AtoZ Markets indicators gallery.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |