The5%ers – The Market Profile indicator depicts price action over time, highlighting key areas with a high trading volume.
Peter Steidlmayer is the Market Profile’s developer. In 1985, he was the first to offer the Market Profile to traders at the Chicago Board of Trade (CBOT). Before Steidlmayer, the technical analysis simply had the volume per time unit.
Let’s see how to use Steidlmayer’s Market Profile Indicator on MT5-
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