Volume Profile Indicator for MT5 – Spot Key Market Reversals

The Volume Profile Indicator for MT5 helps Forex traders identify high- and low-volume zones and the Volume Point of Control (VPOC/POC)—key areas where price often reverses. By visualizing volume levels, traders can spot support and resistance zones, potential entry points, and profit-taking areas.

When combined with TPO (Time Price Opportunities), the indicator provides a complete market profile, making it easier to predict trend reversals and continuation patterns. Compatible with any chart timeframe, easy to download, and free to use, it’s a must-have tool for both beginner and experienced traders.



For example, in a GBPUSD H1 chart, prices reversed near the VPOC and then continued in the trend direction through low-volume areas. By plotting these volume levels, the indicator creates a volume profile, helping traders pinpoint potential reversal zones. The VPOC serves as a pivot point, offering reliable support and resistance levels.

Download the mt4 version of Volume profile

Once VPOC areas are identified, they become key zones for future market interactions, often retested by price. This provides additional entry points for traders. Likewise, the VPOC and high-volume zones can act as excellent exit points for taking profits.

Many traders combine VPOC with TPO (Time Price Opportunities) to develop a full market profile. The indicator’s visual lines and bars make it user-friendly for all types of Forex traders. It is free, easy to download, compatible with any chart timeframe, and works best when confirmed with price action signals.

In summary: The Volume Profile Indicator for MT5 gives Forex traders a comprehensive view of market volumes. By combining it with TPO, traders can analyze the full market profile. The VPOC highlights potential reversal zones, offering actionable insights for both entries and exits, making it an invaluable tool for profitable trading.

mt5 volume indicator download


INDICATORS SETTINGS



Range period: Chart period used to calculate.

Range count: Count to include.

Timeshift: Shifts the indicator values.

Mode step (points): Steps in points.

Point scale: Multiplier of the steps.

Volume type: Uses Tick volume of MT4 by default, forex traders can change to Real volume.

Data source: Source of the volume.

Bar style: Style of the indicator bar.

Draw direction: Direction of the indicator bars.

Color 1: bar color.

Color 2: bar color.

Line width: Width of a bar.

Mode Color: Volume Control Point Color VPOC or POC

Maximum Color: Maximum volumetric color.

Median Color: Color of the median volume.

VWAP Color: Volume weighted average color.

Mode Line Width: Line width value.

Median Line Style and VWAP: Line style.

Identifier: Identification label of the diagrams.