What is TPO Volume?
TPO Volume displays price-distribution activity as a profile beside the MT4 chart. The point of control and related histogram bars organize where the selected history contains the greatest displayed activity.
The package includes an .ex4 file. Profile bars and the POC line are chart references for comparing price areas and market structure.
How to use TPO Volume
Review the profile bars with nearby candles and the POC reference. Range and count settings determine how the displayed profile is built, while color settings control the presentation.
RangePeriod, RangeCount, ModeStep, PriceStep, DataPeriod, HGColor, HGStyle, ModeColor, MaxModeColor, and Id are available in the Inputs dialog. The confirmed defaults include 1440, 20, 10, 0, 1, and +tpo for the first, second, third, fourth, fifth, and last fields.
Where it helps
Profile bars organize activity across price levels.
The point of control provides a central reference for comparison.
Range, count, step, color, and mode inputs control the display.
MT4 Indicator Parameters
The table below lists the available MT4 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| RangePeriod | Sets the history range used to build the profile. Default: 1440. |
| RangeCount | Sets the number of profile ranges displayed. Default: 20. |
| ModeStep | Sets the profile step used by the mode calculation. Default: 10. |
| PriceStep | Sets the price step option. Default: 0. |
| DataPeriod | Sets the data period used by the profile. Default: 1. |
| HGColor | Sets the histogram color. Default: 160,192,224. |
| HGStyle | Sets the histogram style. Default: 3. |
| ModeColor | Sets the mode color. Default: Blue. |
| MaxModeColor | Sets the maximum-mode color. Default: None. |
| Id | Sets the profile identifier. Default: +tpo. |
The screenshot above shows the default input parameters in the MT4 settings window.
How to Install .ex4 Indicator in MetaTrader 4
- Download the ZIP file and extract it.
- In MT4, select File → Open Data Folder.
- Open MQL4 → Indicators and copy the EX4 or MQ4 file into it.
- If the package includes library files, copy them to MQL4 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT4, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
