Active Volume Profile.mq4
Active Volume Profile.mq4 — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around volume. It draws arrows on the chart and can send alerts. It has 16 settings, for example Draw Line Max Volume (default TRUE), Alert Max Volume (default TRUE) and Use Start Time (default TRUE). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Active Volume Profile.mq4
Active Volume Profile.mq4 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 16 settings, such as Draw line max volume, Alert max volume and Use start time. MQL source code included.
Files in the download: Active_VolumeProfile.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Draw line max volume | TRUE | |
| Alert max volume | TRUE | Turn this alert on or off |
| Use start time | TRUE | |
| Start time | 00:00 | |
| History depth | 5000 | |
| Up color | Lime | Colour on the chart |
| Dw color | Red | Colour on the chart |
| Use numb of days | TRUE | |
| Numb of days | 2 | |
| Use open day line | TRUE | |
| Max volume current week | TRUE | |
| Max volume last week | TRUE | |
| Max volume current month | TRUE | |
| Max volume last month | TRUE | |
| Draw value max volume | TRUE | |
| Draw line current max volume | TRUE |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Volume · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code