Jonux FRVP Fixed Range Volume Profile MT5: Precise volume profiling for smarter entries

This 2026 review presents a detailed performance analysis of Jonux FRVP Fixed Range Volume Profile MT5 and explains why the tool stands out among MT5 indicators. Jonux FRVP Fixed Range Volume Profile MT5 is designed to visualize exact volume distribution within a manually defined range, enabling precise identification of point of control, value areas, and volume gaps. The review compares live-simulated sessions and backtests, showing consistency across EURUSD and major indices when the volume profile aligns with liquidity zones. The algorithm behind Jonux FRVP Fixed Range Volume Profile MT5 does not predict price; it reconstructs traded volume distribution from available tick and volume data and presents it as a histogram overlay. Users adjust range start and end points to focus on sessions, news windows, or consolidation zones. The indicator performs best in trending and range-bound markets where volume clusters define support or resistance. Risk management is external to the indicator, but the visual outputs support tighter stop placement and clearer invalidation points. Expected performance characteristics include improved entry timing and reduced false breakouts when combined with trend filters. Dennis John developed the utility to demonstrate quality within the JONUX Systems suite and distributes it free to the community. The tool is useful as a decision-support overlay on MT5 charts and integrates cleanly into both discretionary and systematic workflows without imposing execution rules. Overall, the indicator is a precise analytical layer rather than a turnkey trading robot, and real-world results depend on user discipline and strategy integration.