The Market Profile Indicator for MT5 is a powerful tool designed to display key price levels and trading zones where market activity is highest. These zones provide traders with essential information for entry points, support/resistance levels, and trend reversal opportunities. By analyzing the histogram and median areas, traders can identify BULLISH and BEARISH trends and make informed BUY or SELL decisions.
The indicator works across all intraday timeframes, as well as daily, weekly, and monthly charts. The histogram is calculated daily and highlights the median area for that specific day.
Key features include:
Automatic display of bullish and bearish market profiles – removes the need for manual calculation.
Market Profile Histogram – visual representation of price distribution during trading sessions.
Median levels – act as important support or resistance zones for trade planning.
New traders benefit from the indicator because it clearly displays market activity, while advanced traders can adapt trading strategies based on the evolving profiles.
On the GBPUSD M30 chart, the Market Profile Histogram is displayed in BLUE, with the middle area shown in WHITE. Each trading day is arranged as a single block, showing price distribution over time and volume.
Trading using the Market Profile indicator focuses on the median area:
Buy Signal: Price crosses the previous day’s median upwards. Set stop loss at the previous swing low.
Sell Signal: Price crosses the median downwards. Set stop loss at the previous swing high.
The indicator effectively shows the accumulation and distribution phases of the market. It allows traders to understand how trends develop, gain momentum, and eventually lose strength, helping to plan the most profitable trades.
Identifies key support and resistance levels automatically.
Shows trend development and market cycles clearly.
Helps plan both trend-following and reversal strategies.
Suitable for all trading styles, including intraday, swing, and trend trading.
Free to download and easy to install on MT5.
The Market Profile Indicator for MT5 is a versatile tool for Forex traders looking to understand market structure and trading activity. By clearly highlighting accumulation, distribution, and median levels, the indicator helps traders navigate bullish and bearish markets efficiently. Download the indicator for free from IndicatorForest.com and improve your trading strategy today.
Published:
Nov 27, 2025 23:11 PM
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