Cluster Box Histogram: Horizontal Market Cross-Section Analysis
Info
The Cluster Box Histogram: Horizontal Market Cross-Section Analysis is a Indicator for MetaTrader 4 that general informationfor every candlestick on any timeframe, there is a corresponding number of ticks that formed it. On Forex charts, this is displayed as volume, though it does not directly correlate with actual trading volumes.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Cluster Box Histogram: Horizontal Market Cross-Section Analysis
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
General InformationFor every candlestick on any timeframe, there is a corresponding number of ticks that formed it.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: fibonacci confluence zone finder - multi-swing clusters - another powerful indicator for MetaTrader 4 traders.
General InformationAlso recommended: Cluster Box: Visualizing Market Tick Distribution - similar indicator with strong performance on MetaTrader 4.
For every candlestick on any timeframe, there is a corresponding number of ticks that formed it. On Forex charts, this is displayed as volume, though it does not directly correlate with actual trading volumes. However, tick volume data can be used similarly to real volume data.
Information about ticks preceding the indicator's attachment is sourced from a special tick file, generated by . Alternatively, a pre-made tick file can be obtained from . If historical data rendering is not needed, indicator values will appear in real-time, assuming new ticks are arriving.
About the Clusterbox_Histogramm Indicator
Unlike indicators that display the tick count per cluster within a single candlestick, the Clusterbox_Histogramm indicator calculates the tick count for a cluster that encompasses multiple candlesticks. This means a specified range of candlesticks is treated as a single candlestick divided into clusters. The tick count within each cluster is then calculated.
The blue and light blue lines on the chart represent the total tick count per cluster. The exact value is displayed to the right of the rectangle bounding the data collection interval. The colors of these lines are determined by the tick count and the values set in the "min. volumes and colors" parameters.
Red and green lines indicate the tick count for price declines and advances, respectively. These are configured in the "delta of volumes" parameters block.
The data collection interval is adjusted by moving and/or dragging the rectangle.
For more detailed information, please refer to the article .
This indicator was last updated in 2026.
You may also like: Cluster Box Day Histogram: Daily Market Cross-Section by Tick Volume - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property strict
#property indicator_chart_window
#property indicator_buffers 1
#define max_volumes_show 5 // ,
#define viewrange_startbar 10 // ,
struct levelvolumecolor // , ..
{ // .. .......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.