VP Indicator

Distribution of trades by price levels over a given time interval.

Parameters

• Mode / Mode: Operating mode:
  • Period Mode: breakdown by periods
  • Range Mode: single range
• PERIOD MODE: Parameters for Period Mode
  • Range Period / RangePeriod: period, only standard values from M1 to MN1
  • Range Count / RangeCount: number of ranges
  • Time Zone Shift / TimeShift: time zone shift from -12 to +12 hours with a step of 1 hour
  • Histogram Position / HgPosPeriod: histogram position/direction:
    • Left to Right: left to right
    • Right to Left: right to left
    • Left to Center: from left edge to center
    • Center to Left: from center to left edge
    • Center to Right: from center to right edge
    • Right to Center: from right edge to center
  • Zoom Type / ZoomType: zoom type:
    • Custom Zoom...: custom, one for all histograms
    • Automatic Zoom (global): automatic, one for all
    • Automatic Zoom (local): automatic, separately for each histogram
  • Custom Zoom / ZoomCustom: custom zoom value
• RANGE MODE: Parameters for Range Mode
  • Range Selection / RangeSelection: method of specifying range boundaries:
    • Between lines: between two lines
    • Last minutes: last Range Size minutes
    • Minutes to line: Range Size minutes up to the right line
    • Last bars: last Range Size bars
    • Bars to line: Range Size bars up to the right line
  • Range Size (minutes or bars) / RangeSize: number of minutes or bars for Range Selection (except Between Lines)
  • Histogram Position / HgPosition: histogram position: – Window left: left edge of the window
    • Window right: right edge of the window
    • Left outside: from the left range boundary to the left
    • Right outside: from the right range boundary to the right
    • Left inside: from the left range boundary to the right
    • Right inside: from the right range boundary to the left
• DATA / Data Source Parameters
  • Data Source / DataSource: Data Source:
    • Ticks (MT5 only): ticks from your broker’s server (if available)
    • M1..D1: interpolated ticks based on bars of the specified timeframe (see Bar Distribution)
    • Current Timeframe: current timeframe
  • Bar Distribution / BarTicks: distribution of ticks within a bar
  • Volume Type (MT5) / VolumeType (MT5 only): volume type, tick or real; real volume might be unavailable from the broker, in which case the indicator will show nothing
• TICK (MT5): Tick parameters (MT5 only)
  • Type of Requested Ticks / TicksType: type of requested ticks (see MQL5 CopyTicks function help)
  • Price Type / TickPriceType: price type:
    • Bid Price: Bid price
    • Ask Price: Ask price
    • Last Price: Last price
    • Bid/Ask Average: Bid and Ask average
    • Last or Bid/Ask Average: Last, or Bid and Ask average if Last price is not specified
  • Bid Price Changed / TickBid: tick changed Bid price
  • Ask Price Changed / TickAsk: tick changed Ask price
  • Last Price Changed / TickLast: tick changed Last price
  • Volume Changed / TickVolume: tick changed volume
  • Buy Deal / TickBuy: tick resulted from a buy deal
  • Sell Deal / TickSell: tick resulted from a sell deal
• CALCULATION: Calculation parameters
  • Mode Step (points) / ModeStep: minimum step between modes, chosen subjectively for each instrument
  • Price Step / HgPointScale: histogram price step, a larger value means faster operation but rougher display
  • Smooth Depth / Smooth: smoothing degree, 0 for off
• HISTOGRAM: Histogram
  • Bar Style / HgBarStyle: Histogram Bar Style:
    • Lines: lines
    • Empty bar: empty rectangles
    • Filled bar: filled rectangles
    • Outline: outline
    • Color: color
  • Coloring / HgColoring: Histogram Coloring Method:
    • No histogram: do not show histogram
    • 1st color only: only first color
    • 2nd color only: only second color
    • Split by mean: split by mean (colors 1 and 2)
    • Split by Q1 (25%): split by first quartile (colors 1 and 2)
    • Split by Q2 (50%, median): split by second quartile – median (colors 1 and 2)
    • Split by Q3 (75%): split by third quartile (colors 1 and 2)
    • Quartile gradient: quartile gradient (4 colors from 1 to 2)
    • Gradient (10 levels): 10-level gradient (10 colors from 1 to 2)
    • Gradient (50 levels): 50-level gradient (50 colors from 1 to 2)
  • Color 1 / HgColor: histogram color 1, None to use chart background color
  • Color 2 / HgColor2: histogram color 2, None to use chart background color
  • Line Width / HgLineWidth: line width when drawing histogram
  • Histogram Width (% of normal) / HgWidthPct: Histogram Width (% of normal), when displayed within the range, normal width is 100%, in other cases – 15%
• LEVELS: Levels
  • Mode Color / ModeColor: color of local maxima (distribution modes), None to disable
  • Maximum Color / MaxColor: maximum color, None to disable
  • Mode Line Width / ModeLineWidth: mode line width
  • VWAP Color / VwapColor: color of VWAP (Volume Weighted Average Price), None to disable
  • Quantiles / Quantiles: quantiles:
    • No quantiles or median: no quantiles or median
    • Median: median (Q2)
    • Quartiles: quartiles (Q1, Q2, Q3)
    • Deciles: deciles
    • 70%: 15% - 50%(Median) - 85%: 70% range between extreme quantiles
    • 95%: 2.5% - 50%(Median) - 97.5%: 95% range between extreme quantiles
    • 99%: 0.5% - 50%(Median) - 99.5%: 99% range between extreme quantiles
  • Quantile Color / QuantileColor: color of quantile lines
  • Quantile & VWAP Line Width / StatLineWidth: width of quantile and VWAP lines
  • Quantile & VWAP Line Style / StatLineStyle: style of quantile and VWAP lines
• LEVEL LINES (range mode only): Level lines (range mode only)
  • Mode Level Line Color (None=disable) / ModeLevelColor: color of levels drawn through modes, None to disable
  • Mode Level Line Width / ModeLevelWidth: line width
  • Mode Level Line Style / ModeLevelStyle: style of mode level lines
• SERVICE: Service / Utility
  • Show Data Horizon / ShowHorizon: show data horizon
  • Identifier / Id: indicator identifier, use different values for multiple copies of the indicator on one chart