Full Product Description
Elevate your trading with the Rolling Volume Profile MTF, a professional-grade indicator designed specifically for cTrader. This tool provides deep insights into market structure by displaying dynamic, rolling volume profiles directly on your chart.
Instead of relying on fixed daily profiles, this indicator continuously calculates the volume distribution over the last 24 Hours, 7 Days, and 30 Days. This gives you a massive edge in identifying true intraday and swing support/resistance levels based on actual traded volume, not just price action.
🔥 Key Features:
- 3 Rolling Profiles: Simultaneously view 24H, 7D, and 30D volume distributions in one clean view.
- Core Volume Levels: Automatically calculates and plots the Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) for each profile.
- Extended Value Lines: Option to project POC, VAH, and VAL lines forward into the future to anticipate upcoming reactions.
- Precise NY Open Marker: Automatically plots a distinct marker (diamond) at the exact New York Session open price. Perfect for Initial Balance and session-based strategies.
- Multi-Timeframe Precision: Uses granular lower-timeframe data (e.g., 1-minute bars) to build highly accurate profiles on any higher timeframe chart.
- Fully Customizable: Adjust tick step sizes, profile widths, Value Area percentages (default 70%), and customize colors for bullish/bearish volume and background boxes.
💡 Why use this indicator?
Institutional traders rely on volume and value areas to find fair prices and liquidity pools. By visualizing where the most volume was traded over specific rolling periods, you can easily spot high-probability breakout, bounce, and reversal zones. The integrated NY Open marker ensures you never lose sight of the most crucial intraday reference price.
Perfect for Day Traders, Scalpers, Futures/Forex Traders, and anyone looking for an institutional edge in their chart analysis.