TradingView
flintlockwood
16 Th02 2018 01:16

Dynamic Volume Profile 

Bitcoin / DollarBitfinex

Mô tả

The result of standard volume profile is fix for a specified period of time. However, in this script the result is dynamic, because its calculated for every bar. In this script you can see the change of Point of Control, Value Area High and Value Area Low in real time.

Point of Control is the price level for the time period with the highest traded volume.
The area between value area low and value area high (green background) is the area where 70% of traded volume happen. You can customize this percentage value in input section.

Trader can customize input:
  • Period length
  • Number of rows
  • Percentage of value area



Reference:
https://www.tradingview.com/wiki/Volume_Profile

Phát hành các Ghi chú

Update:
  • value area low and value area high calculation
  • default input value. now is 30, 30, 70

Phát hành các Ghi chú

update some logic for better result
Bình luận
manojgattani
Hi

Will be good if you can explain what should be the standard settings and the indicator works better on which time frame?
Also would appreciate if you can explain how to use it.
vishalbharti
@manojgattani, no buddy knows about it......
Chartanalysistomakemoney
overttherainbow
This is incredible. Thank you.

May I pester you for the source code? I’m a budding Pine script developer and I’d love to manipulate the code for this and work it into other scripts.
jjmfxxx
HI
"Frequently, I am getting following error and because of which this indicator is not getting loaded. Can you please fix this?

Loop is too long (>100ms)" me too. May I pester you for the source code? thanks for you time and publish it
boreddude001
looks like ichimoku. how is it different?
sufianlau
@flintlockwood I like your related post:
Thank you very much
charusingh1982
Frequently, I am getting following error and because of which this indicator is not getting loaded. Can you please fix this?

Loop is too long (>100ms) - Using it for 15 minutes time frame
Pin-Head
Thank you for your contributions. I would love to do some creative strategy integrations with your profile code. Would you care to share the source with me?
sufianlau
@flintlockwood Thank you for posting. May I try this? Thank you very much.
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