The cTrader Market Profile indicator can be used with almost all symbols and timeframes, but because of the large differences in symbol pip sizes, you will sometimes not see the profile bars or they will be too large. When you use this indicator with Forex the Point Multiplier parameter setting is set to a value of 1 and this shows the bars below nicely fo the EURUSD 1 hour chart.
Cryptocurrency Symbols
Some symbols like cryptocurrencies will not show any market profile bars on the chart when you first look at them, this is because he pip size is very different. in order to see the bars, you need to increase the Point Multiplier value to anything from 1000 and above. Do not forget to set the value to 1 again if you should switch back to Forex or Indices.
Using Different Timeframes
you will also notice that when you change the timeframe to something low like 1-min the bars are large, using large bars is very useful when scalping to identify key support and resistance levels, but you just need to again reduce to point multiplier to get smaller bars.
1-Min Timeframe for Scalping
If you set your timeframe to 1-min and increase the bar size with fewer objects on the chart using the point multiplier then you can use this setup for scalping, the green bar below is the point of control where most of the trading was done and the purple bars is the value area. you can use the bars as support and resistance zones to place your entry, exit, stop loss and take profits.
How to Edit indicator Settings
Once the indicator is on the chart it is not very obvious how you can edit the settings.