Naresh Volume Profile delivers MT5 volume-based signals for clearer entry and exit decisions

In this detailed Naresh Volume Profile review for 2026 I evaluate indicator performance and provide a practical analysis for traders using MT5. The tool stands out for immediate interactive drawing, persistence across timeframes, and straightforward controls such as CTRL-drag to create profiles and DEL to remove the last profile. The first impression is of a focused indicator that transforms raw tick and volume data into visible volume nodes and value areas without excessive configuration. What makes Naresh Volume Profile unique is its emphasis on simplicity and live usability. The algorithm computes volume per price level inside a user-drawn range, highlights high-volume nodes that often act as support or resistance, and marks low-volume areas that suggest inefficient price regions prone to quick moves. The indicator works best in FX and liquid CFD markets where volume proxies are reliable. It includes basic risk management aids by allowing traders to combine profile nodes with manual stop-loss placement and position-sizing rules. Expected performance characteristics are conservative: higher win-rate on mean-reversion setups and lower trade frequency when used on H1 to D1 charts. Nar Bahadur Sen designed the indicator for traders who value visual clarity and repeatable signals. For systematic traders, Naresh Volume Profile can feed automated rules or be used for discretionary overlays, with realistic expectations of moderate edge rather than a high-frequency alpha generator.