KT Volume Profile Indicator
KT Volume Profile Indicator
MT4 | MT5
- Comments
KT Volume Profile indicator shows the volume accumulation data as a histogram on the y-axis providing an ability to find out the trading activity over specified time periods and price levels.
Real Volume vs Tick Volume
Getting the real volume data for retail traders is very difficult due to the decentralized nature of the spot FX market. If your broker provides the real volume data of an asset, The KT Volume Profile indicator can process the information using the real volume. Otherwise, it will use the tick volume that is generally provided by most of the FX brokers.
Caspar Marney a veteran FX trader submitted a research paper in 2011, concluded a high level of accuracy and correlation between the tick volume and actual traded volume (real volume).
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Reviews
Question
Thanks for the user friendly indicator and the good work. Is there a maximum duration in which the indicator can display the volume? I tried to display it past say 10 days and the volume does not show further.
GREAT WORK
A user-friendly volume profile indicator. Just drag and drop anywhere on the chart.
Excellent indicator
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