PROTECTED SOURCE SCRIPT

VP-Period

74
VP-Period (VPOC S/R + 2 Strongest Levels) — Optimized

A clean, volume-based support & resistance map built from real traded activity.

VP-Period is a Volume Profile (VPOC) indicator that analyzes the last N days and finds the price level where the most volume was traded (VPOC — Volume Point of Control). From those VPOC levels, it automatically filters and displays the 2 strongest Support zones (BUY) and 2 strongest Resistance zones (SELL) closest to the current price — giving you a simple, high-signal “price roadmap” without clutter.

✅ Key Features

1) VPOC over N Days (True Volume Profile logic)

Builds a volume distribution across price bins (high resolution) to identify the dominant traded price.

VPOC often behaves like a magnet level, a pivot, and a high-probability reaction zone for pullbacks and retests.

2) “2 Strongest S/R” Auto Filter (Clean & Practical)

Instead of drawing dozens of levels, VP-Period selects only what matters:

2 nearest Supports below price → BUY▲ zones

2 nearest Resistances above price → SELL▼ zones

Uses a confirmed-bar reference close so zones don’t jump around during a live candle (more stable, less noise).

3) Session POC (Tokyo / London / New York) — Real-Time

Calculates and plots Session POC (the most traded price within each session) while the session is running.

Perfect for traders who operate around Tokyo range, London expansion, and NY continuation/reversal behavior.

4) Session Profile Bias Table (UP / DOWN / NEUTRAL)

Tracks recent Session POC shifts and summarizes the session profile as:

UP → POC shifting higher (bullish pressure)

DOWN → POC shifting lower (bearish pressure)

NEUTRAL → no clear shift (choppy/range conditions)

🎯 How It Helps You Trade Better

Stop chasing price: Wait for price to come into BUY/SELL zones based on real volume acceptance.

Higher-quality entries: Use these zones as retest/reversal areas with your confirmation (candles, RSI, structure, etc.).

Smarter targets & risk: VPOC/POC levels provide natural TP/SL references (mean reversion targets, reaction zones, pivots).

Better session context: Session POC + Bias helps you trade with the session “story” instead of guessing.

Best For

Gold (XAUUSD) & Forex intraday traders

Traders who want clean S/R (only the strongest levels, no clutter)

Session-based traders: Tokyo / London / New York

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.