Market Profile

Hello All,

This is Market Profile script. "Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical axis against time on the horizontal, and the ensuing graphic generally is a bell shape--fatter at the middle prices, with activity trailing off and volume diminished at the extreme higher and lower prices." You better search it on the net for more information, you can find a lot of articles and books about the Market Profile.

You have option to see Value Area, All Channels or only POC line, you can set the colors as you wish.

Also you can choose the Higher Time Frame from the list or the script can choose the HTF for you automatically.

Phát hành các Ghi chú: "Line Width" option added
Phát hành các Ghi chú: Alerts added:
=> "Price in POC"
=> "Price went above POC"
=> "Price went below POC"
Phát hành các Ghi chú: "Sizing Rate %" option added, it's for scaling the length of the bars. default value is 100%. you can set it from 30% to 500%. (User Request)
Mã nguồn mở

Với tinh thần của TradingView, tác giả đã xuất bản tập lệnh theo mã nguồn mở, vì thế trader có thể dễ dàng hiểu và tùy chỉnh được. Bạn có thể sử dụng miễn phí, hoặc tùy chỉnh lại mã đã được cấp phép bởi Quy tắc Chung. Bạn có thể sử dụng nó trên biểu đồ.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?

Bình luận

is the yellow line point of reversal?
+27 Phản hồi
@nilanjan62, mid point of POC (Point Of Control)
+1 Phản hồi
nilanjan62 LonesomeTheBlue
@LonesomeTheBlue, that means its is the point where the price will move eventually, so for intraday does 5 min chart will be helpfull?
+17 Phản hồi
@nilanjan62, 3 minutes is working goodly for intraday as per my experience.. Rest depends on you
+2 Phản hồi
@nilanjan62, read a book
+3 Phản hồi
Terrific work LTB, just curious to know is there a way to tweak this for getting previous days market profile too?
+16 Phản hồi
binarystyle MridulAgarwal
Phản hồi
It was much needed. will it work with Indian indices? Thank you anyway for the great script. Have searched a lot for market profile here in TV, finally got a one
+16 Phản hồi
LonesomeTheBlue subhdash1984
@subhdash1984, you are welcome, I hope it helps a lot of people.
+6 Phản hồi