Volume Profile Auto POC📌 Overview
Volume Profile Auto POC is a trend-following strategy that uses the automatically calculated Point of Control (POC) from the volume profile, combined with ATR zones, to capture reversals and breakouts.
By basing decisions on volume concentration, it dynamically visualizes the price levels most watched by market participants.
⚠️ This strategy is provided for educational and research purposes only.
Past performance does not guarantee future results.
🎯 Strategy Objectives
Automatically detect the volume concentration area (POC) to improve entry accuracy
Optimize risk management through ATR-based volatility adjustment
Provide early and consistent signals when trends emerge
✨ Key Features
Automatic POC Detection : Updates the volume profile over a defined lookback window in real time
ATR Zone Integration : Defines a POC ± 0.5 ATR zone to clarify potential reversals/breakouts
Visual Support : Plots the POC line and zones on the chart for intuitive decision-making
📊 Trading Rules
Long Entry:
Price breaks above the POC + 0.5 ATR zone
Volume is above average to support the breakout
Short Entry:
Price breaks below the POC - 0.5 ATR zone
Volume is above average to support the downside move
Exit (or Reverse Position):
Price returns to the POC area
Or touches the ATR band
⚙️ Trading Parameters & Considerations
Indicator Name: Volume Profile Auto POC
Parameters:
Lookback Bars: 50
Bins for Volume Profile: 24
ATR Length: 14
ATR Multiplier: 2.0
🖼 Visual Support
POC line plotted in red
POC ± 0.5 ATR zone displayed as a semi-transparent box
ATR bands plotted in blue for confirmation
🔧 Strategy Improvements & Uniqueness
This strategy is inspired by traditional Volume Profile + ATR analysis,
while adding the improvement of a sliding-window mechanism for automatic POC updates.
Compared with conventional trend-following approaches,
its strength lies in combining both price and volume perspectives for decision-making.
✅ Summary
Volume Profile Auto POC automatically extracts key market levels (POC) and combines them with ATR-based zones,
providing a responsive trend-following method.
It balances clarity with practicality, aiming for both usability and reproducibility.
⚠️ This strategy is based on historical data and does not guarantee future profits.
Always use proper risk management when applying it.
Tìm kiếm tập lệnh với "volume profile"
Fixed-Range Volume-Profile ZonesFixed Range Volume Profile Zones (with Dynamic Percentile Buffers)
This indicator calculates a fixed‑range volume profile over a user‑defined lookback period and identifies three key zones:
– VAL (Value Area Low)
– POC (Point of Control)
– VAH (Value Area High)
Volume is grouped into user‑selected price bins to create a profile of where the most trading activity occurred.
The script then splits the distribution into three zones and highlights the extremes (VAL/VAH) and the highest‑volume price (POC).
Dynamic Percentile Buffers
Instead of static offsets, this version computes the 10th and 90th percentile prices (user‑adjustable) of recent closes over the same lookback window.
These percentiles are used to create adaptive buffers above VAH and below VAL.
The buffers automatically expand or contract with market volatility and recent price distribution, filtering out weak or noisy touches.
Visual Elements:
– Green/orange/red horizontal lines = VAL / VAH / POC
– Green shading below VAL = buy zone
– Red shading above VAH = sell zone
– Down arrows above bars = closes above VAH + buffer
– Up arrows below bars = closes below VAL – buffer
Inputs:
– Lookback Days: number of bars used to build the profile
– Number of Bins: controls resolution of the volume profile
– VAH Percentile and VAL Percentile: choose which percentile levels to use for dynamic buffers
Use Cases:
– Quickly identify areas of high participation (POC) and potential support/resistance (VAL/VAH)
– Filter out weak breakouts using dynamic buffers
– Combine with other signals to improve entries/exits
⚠️ Disclaimer:
This script is for educational and informational purposes only.
It does not constitute financial advice or a recommendation to buy or sell any security.
Past performance or historical data does not guarantee future results.
Always perform your own analysis and use risk management when trading.
mrD-Volume Profile HeatmapThis indicator combines advanced volume analysis with institutional-grade visualization techniques to provide traders with a comprehensive view of market structure and liquidity zones.
WHAT MAKES THIS UNIQUE:
• Proprietary bidirectional volume profiling algorithm that separates buying and selling pressure using VWAP deviation analysis, not standard volume bars
• Custom heatmap visualization engine with adaptive gradient calculation based on volume-weighted price distribution across multiple timeframes
• Integrated Weekly VWAP with hlc3 weighting for institutional reference levels
• Dynamic POC (Point of Control) detection with fixed-height text boxes for clarity
• Optimized rendering system that handles 500+ bars efficiently without lag
HOW IT WORKS:
The algorithm analyzes volume distribution at each price level within the lookback period, applying a proprietary weighting system that considers:
1. Volume-weighted average price (VWAP) deviation to classify volume as bullish/bearish
2. Price levels are binned into customizable rows (bins) for granular analysis
3. Volume bars extend bidirectionally: positive volume (green) extends left, negative volume (red) extends right
4. Heatmap overlay uses multi-level gradient mapping (6-color spectrum) to highlight high volume nodes
5. Weekly VWAP provides macro trend reference with session-based reset logic
VOLUME PROFILE MECHANICS:
• Calculates volume distribution across price levels using a grid-based binning system
• Each bin accumulates volume when the price touches that level
• Positive/negative classification based on VWAP position (above = bullish, below = bearish)
• POC automatically identifies the price level with maximum volume concentration
• Display shows volume intensity through color gradients and bar lengths
HEATMAP VISUALIZATION:
• Uses exponential gradient multiplier (default 1.9) for enhanced contrast
• Color transitions: Dark Blue (low volume) → Cyan → Green → Yellow (high volume)
• Transparency-adjusted overlays ensure chart readability
• Real-time updates as new volume data arrives
WEEKLY VWAP INTEGRATION:
• Resets at the start of each trading week (request.security logic)
• Uses hlc3 (typical price) as the volume-weighted source
• Provides institutional reference level for swing traders
• Yellow color (#FFEB3B) for easy identification
KEY PARAMETERS:
• Period: Lookback window for volume calculations (default: 500 bars)
• Bins: Number of price levels for volume distribution (default: 150 rows)
• Offset: Horizontal positioning of volume bars (default: 50)
• Heatmap Rows: Granularity of heatmap overlay (default: 250)
• POC displays actual volume numbers for transparency
TRADING APPLICATIONS:
→ Identify high-volume nodes as support/resistance zones
→ Detect liquidity clusters where institutional orders concentrate
→ Spot low-volume areas where price may move quickly (thin zones)
→ Use bidirectional volume to assess buying vs selling pressure
→ Combine with Weekly VWAP for multi-timeframe confluence
→ POC levels often act as price magnets (mean reversion targets)
TECHNICAL IMPLEMENTATION NOTES:
• Optimized for intraday to swing timeframes (1m to Daily charts)
• Volume calculations use session-based accumulation (no future data)
• Box rendering is limited to 500 objects for performance
• Gradient calculations use mathematical power functions for smooth transitions
• VWAP calculation follows institutional standard (volume-weighted hlc3)
RESTRICTIONS:
This is a proprietary algorithm. Redistribution, modification, or commercial use is strictly prohibited. The logic and methods contained herein are confidential and protected intellectual property.
═══════════════════════════════════════════
DISCLAIMER & RISK WARNING
This indicator is provided solely for educational and informational purposes. It is designed to help traders understand market structure, volume distribution, and price action analysis. This tool should be used as part of a comprehensive trading education program.
NOT FINANCIAL ADVICE:
The information and signals provided by this indicator DO NOT constitute financial advice, investment advice, trading advice, or any other sort of advice. You should not treat any of the indicators' content, outputs, or signals as such. Nothing contained in this indicator constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction.
NO GUARANTEED RESULTS:
Past performance is NOT indicative of future results. The historical backtesting results, volume patterns, and statistical data shown by this indicator do not guarantee future performance or success. Market conditions change constantly, and what worked in the past may not work in the future. Trading and investing involve substantial risk of loss.
MARKET VOLATILITY:
Financial markets are inherently volatile and unpredictable. Volume patterns, support/resistance levels, and other technical indicators can fail at any time. No indicator can predict market movements with certainty. Always use proper risk management and position sizing.
By using this indicator, you acknowledge that you have read, understood, and agree to this disclaimer in its entirety. If you do not agree with any part of this disclaimer, you should not use this indicator.
Volume Profile DeltaMap [MHA Finverse]Volume Profile DeltaMap with Session Analysis
SHORT DESCRIPTION (for listing)
Advanced Volume Profile indicator with Delta Analysis, Value Area, Volume Nodes, Imbalance Zones, and Multi-Session Profiles. Professional tool for institutional-style volume analysis and market structure understanding.
---
DETAILED DESCRIPTION
📊 OVERVIEW
The Volume Profile DeltaMap is a comprehensive institutional-grade indicator that visualizes volume distribution across price levels, revealing where the most significant trading activity occurred. Unlike traditional indicators that plot data over time, Volume Profile analyzes price levels to identify key support/resistance zones, equilibrium areas, and buyer/seller dominance.
This indicator combines multiple advanced features:
- Volume Profile Analysis with customizable bins
- Delta Heat Map showing buyer vs seller pressure
- Value Area (VAH/VAL) calculations
- High/Low Volume Node Detection
- Imbalance Zone Identification
- Multi-Session Profile Separation (Tokyo, London, NY, Sydney)
- Point of Control (POC) highlighting
---
🎯 KEY FEATURES
1. Volume Profile Core
- Divides price range into customizable bins (10-100 levels)
- Accumulates volume at each price level over a lookback period
- Displays volume distribution horizontally on the chart
- Configurable lookback period (default: 200 bars)
2. Delta Analysis & Heat Map
- Delta (Δ) : Measures the difference between buying and selling pressure
- Color-coded visualization :
- Green/Teal = Buyer dominance
- Red/Pink = Seller dominance
- Heat map intensity : Shows volume concentration with gradient colors
- Percentage labels : Displays exact buyer/seller ratios at each level
3. Point of Control (POC)
- Automatically identifies the price level with maximum volume
- Marked with cyan border and volume label
- Acts as a strong magnetic level where price tends to return
- Often serves as major support/resistance
4. Value Area (VAH/VAL)
- Value Area : Price range containing 70% of total volume (configurable 50-90%)
- VAH (Value Area High) : Upper boundary - resistance level
- VAL (Value Area Low) : Lower boundary - support level
- Displayed with dashed lines and labels
- Represents fair value zone where institutional traders are most active
5. Volume Nodes
- HVN (High Volume Nodes) : Areas with ≥80% of maximum volume
- Highlighted in yellow/amber
- Strong support/resistance zones
- Price tends to consolidate here
- LVN (Low Volume Nodes) : Areas with ≤30% of maximum volume
- Highlighted in orange
- Low liquidity gaps
- Price moves quickly through these zones
- Potential breakout areas
6. Imbalance Zones
- Identifies areas with extreme directional bias (≥70% threshold)
- Buy Imbalance : Green overlay - exhaustion of buying pressure
- Sell Imbalance : Red overlay - exhaustion of selling pressure
- Indicates potential reversal or continuation zones
7. Session-Based Analysis
- Session Background Overlay : Color-codes current trading session
- Separate Session Profiles : Creates individual volume profiles for:
- 🇯🇵 Tokyo Session (00:00-09:00)
- 🇬🇧 London Session (07:00-16:00)
- 🇺🇸 New York Session (13:00-22:00)
- 🇦🇺 Sydney Session (21:00-06:00)
- Compare volume patterns across different market sessions
- Identify session-specific support/resistance levels
---
⚙️ CONFIGURATION SETTINGS
Basic Settings
- LookBack : Number of bars to analyze (50-500 recommended)
- Bins : Number of price levels (10-100, default: 30)
- Horizontal Offset : Adjust profile position on chart
#### Features Toggle
- Delta Heat Map
- Delta Labels
- Volume Bars (Buy/Sell split)
- POC Line
- Custom colors for positive/negative volume
Advanced Features
- Value Area calculation with adjustable percentage
- Volume Nodes (HVN/LVN) with custom thresholds
- Imbalance Zones with adjustable sensitivity
- Session backgrounds and separate profiles
- Profile spacing for multi-session view
---
📈 HOW TO USE THIS INDICATOR
Installation & Setup
1. Add to Chart :
- Search for "Volume Profile DeltaMap"
- Click "Add to favorites" ⭐
- Apply to your chart
2. Recommended Timeframes :
- Scalping : 1-5 minute charts
- Day Trading : 5-15 minute charts
- Swing Trading : 1-4 hour charts
- Position Trading : Daily charts
3. Initial Settings :
- Start with default settings
- For intraday: Set LookBack to 200-400 bars
- For higher timeframes: Use 100-200 bars
4. Enable Session Profiles (Optional):
- Go to Settings → Advanced Features
- Enable "Separate Profiles Per Session"
- Adjust "Profile Spacing" for better visibility
---
🔍 READING THE INDICATOR
Understanding the Display
Main Profile Elements:
- Horizontal bars : Length represents volume at that price
- Color gradient : Shows delta (buyer vs seller dominance)
- Bright cyan line : Point of Control (POC) - highest volume
- Green dashed line : Value Area High (VAH)
- Red dashed line : Value Area Low (VAL)
- Yellow highlights : High Volume Nodes (HVN)
- Orange highlights : Low Volume Nodes (LVN)
Volume Bars (if enabled):
- Top half (Red) : Selling volume percentage
- Bottom half (Teal) : Buying volume percentage
Delta Labels:
- Shows Δ percentage
- Positive = More buyers
- Negative = More sellers
---
📊 MARKET ANALYSIS & TRADING STRATEGIES
1. Support & Resistance Trading
POC as Key Level:
- Price tends to return to POC (magnetic effect)
- Strategy :
- When price is above POC → Look for pullbacks to POC for long entries
- When price is below POC → Look for rallies to POC for short entries
- POC acts as dynamic support/resistance
Value Area Trading:
- Inside Value Area (between VAH & VAL):
- Market is in balance/equilibrium
- Range-bound trading strategies
- Look for mean reversion
- Outside Value Area :
- Price accepted above VAH = Bullish breakout
- Price accepted below VAL = Bearish breakdown
- Trend-following strategies
Example Setup:
Price above VAH + Strong buying delta = Bullish trend
→ Wait for pullback to VAH
→ Enter long with stop below VAH
→ Target: Next HVN or previous session high
2. Volume Node Trading
High Volume Nodes (HVN):
- Characteristics : Strong support/resistance, consolidation zones
- Trading Strategy :
- Price approaching HVN from above → Potential support
- Price approaching HVN from below → Potential resistance
- Breakout from HVN → Strong momentum move
- Setup : Place limit orders at HVN boundaries
Low Volume Nodes (LVN):
- Characteristics : Low liquidity, fast price movement
- Trading Strategy :
- Price in LVN = Don't chase, wait for next HVN
- LVN breakout = Rapid moves, use wider stops
- Price rejection from LVN = Quick return to HVN
- Setup : Avoid placing stops in LVN zones
Example:
Price consolidating at HVN (yellow) near $50,000
→ Breakout above with volume
→ Fast move through LVN (orange) gap
→ Next target: Upper HVN at $51,500
3. Delta Analysis for Entry Timing
Strong Buying Delta (Green zones):
- Δ > +20% = Buyers in control
- Bullish Signal : Accumulation zone
- Strategy : Look for long entries on pullbacks
- Confirmation : Rising price + positive delta
Strong Selling Delta (Red zones):
- Δ < -20% = Sellers in control
- Bearish Signal : Distribution zone
- Strategy : Look for short entries on rallies
- Confirmation : Falling price + negative delta
Delta Divergence (Advanced):
- Bullish Divergence : Price making lower lows, but delta improving (less negative)
- Indicates selling pressure weakening
- Potential reversal signal
- Bearish Divergence : Price making higher highs, but delta weakening (less positive)
- Indicates buying pressure exhausting
- Potential reversal signal
4. Imbalance Zone Trading
Buy Imbalance (Bright Green):
- 70%+ buying pressure
- Interpretation :
- Potential exhaustion of buyers
- Smart money distribution
- Strategy :
- Look for reversal signals (bearish candles, resistance)
- Take profits on long positions
- Consider short entries with confirmation
Sell Imbalance (Bright Red):
- 70%+ selling pressure
- Interpretation :
- Potential exhaustion of sellers
- Smart money accumulation
- Strategy :
- Look for reversal signals (bullish candles, support)
- Take profits on short positions
- Consider long entries with confirmation
Example:
```
Price at VAH with 80% sell imbalance
→ Selling exhaustion likely
→ Wait for bullish reversal candle
→ Enter long with stop below VAL
```
5. Multi-Session Analysis
When "Separate Profiles Per Session" is enabled:
Session-Specific Levels:
- Each session creates its own POC and value area
- Compare sessions to identify:
- Where institutions accumulated/distributed
- Which levels each session respected
- Unfinished business from previous sessions
Trading Strategies:
A. Session POC Confluence
London POC: $49,500
NY POC: $49,550
→ Strong support zone at $49,500-$49,550
→ High probability long setup on pullback
B. Value Area Overlap
London VAH: $50,000
NY VAL: $49,800
→ Overlap creates strong consolidation zone
→ Breakout strategy: Enter on break above $50,000
C. Unfinished Business
London session rejected $51,000 (sell imbalance)
NY session hasn't tested this level yet
→ Watch for NY session to revisit $51,000
→ Potential reversal zone
D. Session Handoff
Tokyo session: Sideways, low volume
London session: Strong buying delta, break above VAH
NY session: Continuation or reversal?
→ Monitor NY open for direction confirmation
6. Market Profile Analysis
Profile Shape Interpretation:
A. P-Shape (Peak at Top)
- High volume at top of range
- Interpretation : Distribution, potential reversal down
- Strategy : Look for shorts at resistance
B. b-Shape (Peak at Bottom)
- High volume at bottom of range
- Interpretation : Accumulation, potential reversal up
- Strategy : Look for longs at support
C. D-Shape (Peak in Middle)
- Balanced profile, POC in center
- Interpretation : Equilibrium, neutral market
- Strategy : Range trading between VAH/VAL
D. Thin Profile (LVN Gap)
- Low volume throughout
- Interpretation : Trending market, little acceptance
- Strategy : Trend following, avoid counter-trend trades
---
🎯 COMPLETE TRADING WORKFLOW
Step 1: Market Structure Analysis
1. Identify overall profile shape
2. Locate POC, VAH, VAL
3. Note HVN and LVN zones
4. Check current price position relative to value area
Step 2: Delta & Imbalance Check
1. Review delta distribution (where are buyers/sellers?)
2. Identify imbalance zones
3. Look for delta divergences
4. Note any exhaustion signals
Step 3: Session Analysis (if enabled)
1. Compare current session vs previous sessions
2. Identify key levels each session created
3. Look for level confluences or gaps
4. Note unfinished business
Step 4: Trade Setup
1. Define your bias (long/short/neutral)
2. Identify entry zone (HVN, VAH/VAL, POC)
3. Set stop loss (below/above key level or opposite LVN)
4. Set target (next HVN, VAH/VAL, or session high/low)
Step 5: Execution & Management
1. Wait for price to reach entry zone
2. Confirm with price action (candlestick patterns)
3. Enter trade with defined risk
4. Move stop to breakeven at first target
5. Trail stop or take profits at resistance/support
---
📋 EXAMPLE TRADE SCENARIOS
Scenario 1: Long Setup at VAL
Setup:
- Price pulled back to VAL ($49,200)
- VAL coincides with HVN (yellow zone)
- Delta showing +15% buying (green)
- London session POC also at $49,200
Entry:
- Buy at $49,200 (VAL/HVN confluence)
- Stop loss: $49,000 (below VAL, in LVN)
- Target 1: $49,800 (POC)
- Target 2: $50,200 (VAH)
Management:
- Move stop to breakeven when Target 1 reached
- Trail stop below recent swing lows
- Exit 50% at VAH, let remainder run
Risk:Reward : 200 points risk / 1000 points potential = 1:5 R:R
---
Scenario 2: Short Setup at Sell Imbalance
Setup:
- Price at VAH ($50,500)
- Sell imbalance zone (85% sellers, bright red)
- Bearish divergence (higher high, weaker delta)
- Previous session rejected this level
Entry:
- Short at $50,500 after bearish engulfing candle
- Stop loss: $50,750 (above VAH + imbalance zone)
- Target 1: $50,000 (POC)
- Target 2: $49,600 (VAL)
Management:
- Take 50% profit at POC
- Trail stop above recent swing highs
- Exit remainder at VAL or if delta turns positive
Risk:Reward : 250 points risk / 900 points potential = 1:3.6 R:R
---
Scenario 3: Range Trading Inside Value Area
Setup:
- Market consolidating between VAH ($50,200) and VAL ($49,600)
- POC at $49,900
- Multiple HVNs creating range boundaries
- Delta oscillating between +/-10%
Long Trade:
- Entry: $49,650 (near VAL)
- Stop: $49,500 (below VAL)
- Target: $50,150 (near VAH)
- Risk:Reward: 150/500 = 1:3.3
Short Trade:
- Entry: $50,150 (near VAH)
- Stop: $50,300 (above VAH)
- Target: $49,700 (near VAL)
- Risk:Reward: 150/450 = 1:3
Management:
- Reduce position size in range trading
- Take profits at opposite boundary
- Exit if breakout occurs (stop hunt possible)
---
Scenario 4: Session Breakout Trade
Setup:
- London session: Range-bound $49,500-$50,000
- London VAH at $50,000 (resistance)
- NY session opens: Strong buying delta (+35%)
- Price breaks above $50,000 with momentum
Entry:
- Buy on breakout above $50,000
- Or buy on retest of $50,000 (old resistance = new support)
- Stop loss: $49,700 (below breakout level + buffer)
- Target 1: $50,500 (next HVN from previous day)
- Target 2: $51,000 (measured move)
Management:
- Enter 50% position on breakout
- Add remaining 50% on successful retest
- Move stop to breakeven when price +$300
- Trail stop below 20 EMA or recent higher lows
Risk:Reward : 300 points risk / 1000 points potential = 1:3.3 R:R
---
⚠️ BEST PRACTICES & RISK MANAGEMENT
Do's:
✅ Use on liquid markets (major crypto, forex, indices)
✅ Combine with price action and candlestick patterns
✅ Wait for confirmation before entering trades
✅ Always use stop losses based on volume structure
✅ Take partial profits at key levels (HVN, VAH/VAL)
✅ Adjust lookback period based on timeframe
✅ Use higher timeframe profiles for context
✅ Compare current profile with previous day/session
✅ Consider volume trends (increasing/decreasing)
✅ Backtest strategies on your specific market
Don'ts:
❌ Don't trade solely based on this indicator
❌ Don't ignore price action and market context
❌ Don't place stops in LVN zones (prone to spikes)
❌ Don't chase price in low volume areas
❌ Don't overtrade - wait for quality setups
❌ Don't use on extremely low volume/illiquid assets
❌ Don't forget to adjust for different market conditions
❌ Don't ignore fundamental news events
❌ Don't use excessive leverage even with good setups
❌ Don't force trades - patience is key
Risk Management Rules:
1. Risk per trade : Never risk more than 1-2% of capital
2. Position sizing : Based on stop loss distance
3. Stop placement : Always below/above key volume levels
4. Profit taking : Scale out at multiple targets
5. Drawdown limits : Stop trading after 3 consecutive losses
6. Win rate expectation : 50-60% is realistic
7. Risk:Reward minimum : Aim for 1:2 or better
8. Correlation : Don't take correlated positions
---
🔧 TROUBLESHOOTING & OPTIMIZATION
If profiles look too compressed:
- Increase "Bins" to 40-50
- Reduce "LookBack" period
- Adjust "Horizontal Offset"
If too cluttered:
- Disable "Delta Labels"
- Disable "Volume Bars"
- Keep only POC and Value Area
- Use "Session Background Overlay" instead of separate profiles
For scalping (1-5 min):
- LookBack: 300-500 bars
- Bins: 20-30
- Enable separate session profiles
- Focus on imbalance zones
For swing trading (1H-4H):
- LookBack: 100-200 bars
- Bins: 25-35
- Focus on VAH/VAL and HVN
- Disable session features
For position trading (Daily):
- LookBack: 50-100 bars
- Bins: 30-40
- Focus on weekly/monthly POC
- Compare with previous week profiles
---
📚 ADVANCED CONCEPTS
1. Composite Profiles
- Build profiles across multiple days
- Increase LookBack to 500+ bars on 15-min chart
- Identifies major support/resistance from weeks of data
- Use for swing trading key levels
2. Profile Migration
- Track how POC moves day over day
- Uptrend : POC migrating higher
- Downtrend : POC migrating lower
- Range : POC oscillating in same area
3. Failed Auctions
- Price briefly leaves value area but quickly returns
- Failed auction high : Bearish signal
- Failed auction low : Bullish signal
- Indicates rejection of new price levels
4. Overnight Inventory
- Compare previous day's close to value area
- Close above VAH : Bullish bias for next day
- Close below VAL : Bearish bias for next day
- Close in value area : Neutral, range expected
5. Volume Delta Momentum
- Track cumulative delta across time
- Rising cumulative delta + rising price : Strong trend
- Falling cumulative delta + rising price : Weak/topping
- Rising cumulative delta + falling price : Potential reversal
---
📊 INTEGRATION WITH OTHER INDICATORS
Complementary Indicators:
1. Moving Averages (20/50/200 EMA)
- Use with POC and VAH/VAL
- Confluence with EMAs = stronger levels
2. RSI/Stochastic
- Overbought at resistance (VAH/HVN) = strong short
- Oversold at support (VAL/HVN) = strong long
3. VWAP
- POC often aligns with VWAP
- Deviation from VWAP + Volume Profile = trade setup
4. Order Flow/Footprint Charts
- Confirm delta analysis
- Detailed buyer/seller pressure
5. Market Profile (TPO)
- Similar concept, different visualization
- Use together for complete picture
Example Multi-Indicator Setup:
Price at VAL ✓
+ 200 EMA support ✓
+ RSI oversold (30) ✓
+ Positive delta zone ✓
+ Bullish engulfing candle ✓
= High probability long entry
---
🎓 LEARNING CURVE & PRACTICE
Week 1-2: Understanding
- Study each feature individually
- Identify POC, VAH, VAL on historical charts
- Note HVN and LVN patterns
- Observe how price reacts to these levels
Week 3-4: Pattern Recognition
- Track different profile shapes
- Identify session-specific patterns
- Note delta distribution patterns
- Document imbalance zone outcomes
Week 5-6: Paper Trading
- Take simulated trades based on setups
- Record entry/exit reasoning
- Track win rate and R:R
- Refine strategy based on results
Week 7-8: Live Trading (Small Size)
- Start with minimal position sizes
- Focus on execution and discipline
- Build confidence with real money
- Gradually increase size as proficiency grows
Ongoing:
- Review trades weekly
- Keep trading journal
- Adapt to changing market conditions
- Continuously refine strategy
---
💡 KEY TAKEAWAYS
1. Volume Profile shows WHERE the market is most active (POC, HVN)
2. Delta shows WHO is in control (buyers vs sellers)
3. Value Area shows FAIR VALUE (equilibrium zone)
4. Volume Nodes show STRUCTURE (support/resistance)
5. Imbalances show EXHAUSTION (potential reversals)
6. Sessions show PARTICIPATION (institutional activity)
The indicator is a MAP, not a SIGNAL:
- It shows you the battlefield terrain
- You still need to decide when/how to engage
- Combine with price action for best results
- Risk management is always paramount
---
⚖️ DISCLAIMER
This indicator is for educational and informational purposes only.
- Not financial advice
- Past performance does not guarantee future results
- Trading involves substantial risk of loss
- Only trade with capital you can afford to lose
- Always do your own research and due diligence
- Test strategies thoroughly before risking real money
- Consider consulting a licensed financial advisor
The creator is not responsible for any trading losses incurred while using this indicator.
---
Happy Trading! 📈🚀
Volume Profile With HVN & LVN detectorVolume Profile Indicator
Based on the works of tradeforopp
Overview
The Volume Profile Indicator is a powerful technical analysis tool that visually represents the distribution of trading volume over price levels within a specified timeframe. It helps traders identify key support and resistance zones, high-volume trading areas, and low-volume rejection zones. The indicator includes customizable settings for Volume Point of Control (VPOC), High Volume Nodes (HVNs), and Low Volume Nodes (LVNs), making it a versatile tool for price action analysis and volume-based decision-making.
Key Features
🔹 Customizable Volume Profile
Adjustable number of rows to define the resolution of the volume profile.
Configurable timeframe aggregation for profile calculation (e.g., Daily, Weekly).
Selectable price resolution timeframe for precise profile construction.
Extendable volume profile for future sessions.
Fully customizable profile color and transparency settings.
🔹 Volume Point of Control (VPOC)
Displays the most traded price level within the selected timeframe.
Option to extend multiple VPOCs across the chart.
Adjustable VPOC line width and color customization.
Option to display VPOC labels when working with higher timeframe profiles.
🔹 High Volume Nodes (HVNs)
Identifies high-volume price levels where significant trading activity has occurred.
Configurable HVN strength to adjust detection sensitivity.
Two display modes:
Lines: Plots HVN levels as horizontal lines.
Areas: Highlights HVN regions with colored boxes.
Separate bullish and bearish HVN color settings.
🔹 Low Volume Nodes (LVNs)
Identifies low-volume price levels, which often act as rejection zones.
Configurable LVN strength to fine-tune detection.
Two display modes:
Lines: Marks LVN levels as horizontal lines.
Areas: Highlights LVN regions with shaded boxes.
Separate bullish and bearish LVN color settings.
🔹 Optimized for Performance
Efficient use of arrays for data storage and retrieval.
Global functions for HVN and LVN detection.
Uses security calls to access lower timeframe price and volume data.
Use Cases
✅ Identify Support & Resistance Levels
The indicator highlights key price levels where significant buying or selling interest exists.
✅ Detect Breakout & Reversal Zones
Low-volume areas (LVNs) often indicate price rejection zones, while high-volume areas (HVNs) suggest strong price acceptance zones.
✅ Improve Trade Entries & Exits
Traders can use the Volume Point of Control (VPOC) and volume clusters to refine entry and exit points.
✅ Enhance Price Action Strategies
By incorporating volume-based analysis, this indicator provides deeper market insights beyond traditional support/resistance and trendlines.
Customization & Settings
📌 Volume Profile Settings:
Rows: Defines the granularity of the volume profile.
Profile Timeframe: Specifies the aggregation period (e.g., Daily, Weekly).
Resolution Timeframe: Determines the price resolution for volume analysis.
Profile Extend %: Controls how much the profile extends into the next session.
📌 Volume Point of Control (VPOC):
Enable/Disable VPOC visualization.
Extend past VPOC levels to the right.
Display VPOC labels for higher timeframe profiles.
Adjustable VPOC line width and color.
📌 High Volume Nodes (HVNs):
Enable/Disable HVN detection.
Define HVN strength (volume threshold).
Choose between Line Mode or Area Mode.
Configure bullish and bearish HVN colors.
📌 Low Volume Nodes (LVNs):
Enable/Disable LVN detection.
Define LVN strength (volume threshold).
Choose between Line Mode or Area Mode.
Configure bullish and bearish LVN colors.
Volume Profile Multi periodVolume Profile - AOC 📈
Unlock market insights with this powerful volume profile indicator! Analyze trading activity across multiple sessions with customizable settings and clear visuals. Perfect for traders aiming to identify key price levels and market trends with precision. 🚀
Key Features:
Multi-Session Support: Visualize volume profiles for Tokyo, London, New York, Daily, Weekly, Monthly, Quarterly, and Semiannual sessions. 🌍
Customizable Display: Choose session types, resolution, and bar modes (Mode 1 or Mode 2) to match your strategy. 🎛️
Point of Control (POC): Highlights the most traded price levels for each session. 🎯
Color-Coded Profiles: Distinct up/down volume visualization for quick analysis. 📊
Session Labels: Optional labels for easy identification of session periods. 🏷️
High/Low Tracking: Tracks session-specific highs and lows for accurate profiling. 📏
Empower your trading decisions with clear, actionable volume data! 💡
Volume Profile [Makit0]VOLUME PROFILE INDICATOR v0.5 beta
Volume Profile is suitable for day and swing trading on stock and futures markets, is a volume based indicator that gives you 6 key values for each session: POC, VAH, VAL, profile HIGH, LOW and MID levels. This project was born on the idea of plotting the RTH sessions Value Areas for /ES in an automated way, but you can select between 3 different sessions: RTH, GLOBEX and FULL sessions.
Some basic concepts:
- Volume Profile calculates the total volume for the session at each price level and give us market generated information about what price and range of prices are the most traded (where the value is)
- Value Area (VA): range of prices where 70% of the session volume is traded
- Value Area High (VAH): highest price within VA
- Value Area Low (VAL): lowest price within VA
- Point of Control (POC): the most traded price of the session (with the most volume)
- Session HIGH, LOW and MID levels are also important
There are a huge amount of things to know of Market Profile and Auction Theory like types of days, types of openings, relationships between value areas and openings... for those interested Jim Dalton's work is the way to come
I'm in my 2nd trading year and my goal for this year is learning to daytrade the futures markets thru the lens of Market Profile
For info on Volume Profile: TV Volume Profile wiki page at www.tradingview.com
For info on Market Profile and Market Auction Theory: Jim Dalton's book Mind over markets (this is a MUST)
BE AWARE: this indicator is based on the current chart's time interval and it only plots on 1, 2, 3, 5, 10, 15 and 30 minutes charts.
This is the correlation table TV uses in the Volume Profile Session Volume indicator (from the wiki above)
Chart Indicator
1 - 5 1
6 - 15 5
16 - 30 10
31 - 60 15
61 - 120 30
121 - 1D 60
This indicator doesn't follow that correlation, it doesn't get the volume data from a lower timeframe, it gets the data from the current chart resolution.
FEATURES
- 6 key values for each session: POC (solid yellow), VAH (solid red), VAL (solid green), profile HIGH (dashed silver), LOW (dashed silver) and MID (dotted silver) levels
- 3 sessions to choose for: RTH, GLOBEX and FULL
- select the numbers of sessions to plot by adding 12 hours periods back in time
- show/hide POC
- show/hide VAH & VAL
- show/hide session HIGH, LOW & MID levels
- highlight the periods of time out of the session (silver)
- extend the plotted lines all the way to the right, be careful this can turn the chart unreadable if there are a lot of sessions and lines plotted
SETTINGS
- Session: select between RTH (8:30 to 15:15 CT), GLOBEX (17:00 to 8:30 CT) and FULL (17:00 to 15:15 CT) sessions. RTH by default
- Last 12 hour periods to show: select the deph of the study by adding periods, for example, 60 periods are 30 natural days and around 22 trading days. 1 period by default
- Show POC (Point of Control): show/hide POC line. true by default
- Show VA (Value Area High & Low): show/hide VAH & VAL lines. true by default
- Show Range (Session High, Low & Mid): show/hide session HIGH, LOW & MID lines. true by default
- Highlight out of session: show/hide a silver shadow over the non session periods. true by default
- Extension: Extend all the plotted lines to the right. false by default
HOW TO SETUP
BE AWARE THIS INDICATOR PLOTS ONLY IN THE FOLLOWING CHART RESOLUTIONS: 1, 2, 3, 5, 10, 15 AND 30 MINUTES CHARTS. YOU MUST SELECT ONE OF THIS RESOLUTIONS TO THE INDICATOR BE ABLE TO PLOT
- By default this indicator plots all the levels for the last RTH session within the last 12 hours, if there is no plot try to adjust the 12 hours periods until the seesion and the periods match
- For Globex/Full sessions just select what you want from the dropdown menu and adjust the periods to plot the values
- Show or hide the levels you want with the 3 groups: POC line, VA lines and Session Range lines
- The highlight and extension options are for a better visibility of the levels as POC or VAH/VAL
THANKS TO
@watsonexchange for all the help, ideas and insights on this and the last two indicators (Market Delta & Market Internals) I'm working on my way to a 'clean chart' but for me it's not an easy path
@PineCoders for all the amazing stuff they do and all the help and tools they provide, in special the Script-Stopwatch at that was key in lowering this indicator's execution time
All the TV and Pine community, open source and shared knowledge are indeed the best way to help each other
IF YOU REALLY LIKE THIS WORK, please send me a comment or a private message and TELL ME WHAT you trade, HOW you trade it and your FAVOURITE SETUP for pulling out money from the market in a consistent basis, I'm learning to trade (this is my 2nd year) and I need all the help I can get
GOOD LUCK AND HAPPY TRADING
Volume Profile + VWAP + Long Wick StrategyVolume Profile + VWAP + Long Wick Strategy
This indicator combines Volume Profile (VP), VWAP (Volume Weighted Average Price) with deviation bands, and a long wick candle strategy to identify potential support/resistance zones and trading signals. It detects "power wicks" (long shadows with high volume near key levels like POC, VAH/VAL, or VWAP) as reversal setups, generating buy/sell alerts after confirmation wicks appear near these zones.
Key Features:
Volume Profile: Displays VP histogram over a lookback period, highlighting POC (Point of Control), VAH/VAL (Value Area High/Low) with customizable rows and thresholds.
VWAP & Bands: Plots VWAP with 1-3 std dev bands; filters signals based on trend and proximity to bands.
Long Wick Detection: Identifies strong ("power") and signal wicks based on wick/body ratios, ATR size, and volume multipliers. Supports Market Maker (MM) volume bonuses for liquidity zones.
Trading Signals: Generates BUY/SELL arrows when price retests wick levels with confirmation, limited by max signals per zone and min wait bars. Filtered by MTF (multi-timeframe) alignment (e.g., higher TF EMA trend and candle direction) and VWAP trend.
Sessions: Shows POC/VAH/VAL for Asian, London, and NY sessions with optional active-only display.
MTF Analysis: Scores bullish/bearish alignment across two higher timeframes for signal filtering.
Visuals: Liquidity sweep boxes, resistance/support lines, info table (levels, signals remaining, VWAP status), and MTF status box.
Customizable: Adjust wick ratios, volume thresholds, VP rows, MTF periods, and display options.
Ideal for intraday/scalping on forex/crypto/stocks. Use on lower TFs with MTF filters for confluence. Not financial advice—backtest thoroughly!
Volume Profile With Buy & Sell Pressure LabelVOLUME PROFILE WITH BUY AND SELL PRESSURE LABEL
This volume profile indicator shows volume traded for each bar and is colored according to the difference in buy and sell pressure(DMI).
***HOW TO USE***
If the bar and background is colored green, there is more market buying than selling on that bar.
If the bar and background is colored red, there is more market selling than buying on that bar.
If the bar and background is colored blue, there is an equal amount of market buying and selling on that bar.
***BUY/SELL LABEL***
There is also a label on the right side that tells you whether there is more buying or selling on the current bar. This table updates in real time and changes colors so you can get an easy, quick interpretation of the current buy/sell pressure without having to look at the volume bars so you can make faster decisions on whether to enter or exit a trade. The table changes colors in sync with the volume bars and background. Green means more market buying than selling. Red means more market selling than buying. Blue means an equal amount of market buying and selling.
***MARKETS***
This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This volume profile indicator can be used on all timeframes.
***TIPS***
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, DMI, Momentum, Auto Support And Resistance and Money Flow Index in combination with this Volume Profile. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
Volume Profile Free Ultra SLI (100 Levels Value Area VWAP) - RRBVolume Profile Free Ultra SLI by RagingRocketBull 2019
Version 1.0
This indicator calculates Volume Profile for a given range and shows it as a histogram consisting of 100 horizontal bars.
This is basically the MAX SLI version with +50 more Pinescript v4 line objects added as levels.
It can also show Point of Control (POC), Developing POC, Value Area/VWAP StdDev High/Low as dynamically moving levels.
Free accounts can't access Standard TradingView Volume Profile, hence this indicator.
There are several versions: Free Pro, Free MAX SLI, Free Ultra SLI, Free History. This is the Free Ultra SLI version. The Differences are listed below:
- Free Pro: 25 levels, +Developing POC, Value Area/VWAP High/Low Levels, Above/Below Area Dimming
- Free MAX SLI: 50 levels, 2x SLI modes for Buy/Sell or even higher res 150 levels
- Free Ultra SLI: 100 levels, packed to the limit, 2x SLI modes for Buy/Sell or even higher res 300 levels
- Free History: auto highest/lowest, historic poc/va levels for each session
Features:
- High-Res Volume Profile with up to 100 levels (line implementation)
- 2x SLI modes for even higher res: 300 levels with 3x vertical SLI, 100 buy/sell levels with 2x horiz SLI
- Calculate Volume Profile on full history
- POC, Developing POC Levels
- Buy/Sell/Total volume modes
- Side Cover
- Value Area, VAH/VAL dynamic levels
- VWAP High/Low dynamic levels with Source, Length, StdDev as params
- Show/Hide all levels
- Dim Non Value Area Zones
- Custom Range with Highlighting
- 3 Anchor points for Volume Profile
- Flip Levels Horizontally
- Adjustable width, offset and spacing of levels
- Custom Color for POC/VA/VWAP levels, Transparency for buy/sell levels
WARNING:
- Compilation Time: 1 min 20 sec
Usage:
- specify max_level/min_level/spacing (required)
- select range (start_bar, range length), confirm with range highlighting
- select volume type: Buy/Sell/Total
- select mode Value Area/VWAP to show corresponding levels
- flip/select anchor point to position the buy/sell levels
- use Horiz Buy/Sell SLI mode with 100 or Vertical SLI with 300 levels if needed
- use POC/Developing POC/VA/VWAP High/Low as S/R levels. Usually daily values from 1-3 days back are used as levels for the current day.
SLI:
use SLI modes to extend the functionality of the indicator:
- Horiz Buy/Sell 2x SLI lets you view 100 Buy/Sell Levels at the same time
- Vertical Max_Vol 3x SLI lets you increase the resolution to 300 levels
- you need at least 2 instances of the indicator attached to the same chart for SLI to work
1) Enable Horiz SLI:
- attach 2 indicator instances to the chart
- make sure all instances have the same min_level/max_level/range/spacing settings
- select volume type for each instance: you can have a buy/sell or buy/total or sell/total SLI. Make sure your buy volume instance is the last attached to be displayed on top of sell/total instances without overlapping.
- set buy_sell_sli_mode to true for indicator instances with volume_type = buy/sell, for type total this is optional.
- this basically tells the script to calculate % lengths based on total volume instead of individual buy/sell volumes and use ext offset for sell levels
- Sell Offset is calculated relative to Buy Offset to stack/extend sell after buy. Buy Offset = Zero - Buy Length. Sell Offset = Buy Offset - Sell Length = Zero - Buy Length - Sell Length
- there are no master/slave instances in this mode, all indicators are equal, poc/va levels are not affected and can work independently, i.e. one instance can show va levels, another - vwap.
2) Enable Vertical SLI:
- attach the first instance and evaluate the full range to roughly determine where is the highest max_vol/poc level i.e. 0..20000, poc is in the bottom half (third, middle etc) or
- add more instances and split the full vertical range between them, i.e. set min_level/max_level of each corresponding instance to 0..10000, 10000..20000 etc
- make sure all instances have the same range/spacing settings
- an instance with a subrange containing the poc level of the full range is now your master instance (bottom half). All other instances are slaves, their levels will be calculated based on the max_vol/poc of the master instance instead of local values
- set show_max_vol_sli to true for the master instance. for slave instances this is optional and can be used to check if master/slave max_vol values match and slave can read the master's value. This simply plots the max_vol value
- you can also attach all instances and set show_max_vol_sli to true in all of them - the instance with the largest max_vol should become the master
Auto/Manual Ext Max_Vol Modes:
- for auto vertical max_vol SLI mode set max_vol_sli_src in all slave instances to the max_vol of the master indicator: "VolumeProfileFree_MAX_RRB: Max Volume for Vertical SLI Mode". It can be tricky with 2+ instances
- in case auto SLI mode doesn't work - assign max_vol_sli_ext in all slave instances the max_vol value of the master indicator manually and repeat on each change
- manual override max_vol_sli_ext has higher priority than auto max_vol_sli_src when both values are assigned, when they are 0 and close respectively - SLI is disabled
- master/slave max_vol values must match on each bar at all times to maintain proper level scale, otherwise slave's levels will look larger than they should relative to the master's levels.
- Max_vol (red) is the last param in the long list of indicator outputs
- the only true max_vol/poc in this SLI mode is the master's max_vol/poc. All poc/va levels in slaves will be irrelevant and are disabled automatically. Slaves can only show VWAP levels.
- VA Levels of the master instance in this SLI mode are calculated based on the subrange, not the whole range and may be inaccurate. Cross check with the full range.
WARNING!
- auto mode max_vol_sli_src is experimental and may not work as expected
- you can only assign auto mode max_vol_sli_src = max_vol once due to some bug with unhandled exception/buffer overflow in Tradingview. Seems that you can clear the value only by removing the indicator instance
- sometimes you may see a "study in error state" error when attempting to set it back to close. Remove indicator/Reload chart and start from scratch
- volume profile may not finish to redraw and freeze in an ugly shape after an UI parameter change when max_vol_sli_src is assigned a max_vol value. Assign it to close - VP should redraw properly, but it may not clear the assigned max_vol value
- you can't seem to be able to assign a proper auto max_vol value to the 3rd slave instance
- 2x Vertical SLI works and tested in both auto/manual, 3x SLI - only manual seems to work (you can have a mixed mode: 2nd instance - auto, 3rd - manual)
Notes:
- This code uses Pinescript v3 compatibility framework
- This code is 20x-30x faster (main for cycle is removed) especially on lower tfs with long history - only 4-5 sec load/redraw time vs 30-60 sec of the old Pro versions
- Instead of repeatedly calculating the total sum of volumes for the whole range on each bar, vol sums are now increased on each bar and passed to the next in the range making it a per range vs per bar calculation that reduces time dramatically
- 100 levels consist of 50 main plot levels and 50 line objects used as alternate levels, differences are:
- line objects are always shown on top of other objects, such as plot levels, zero line and side cover, it's not possible to cover/move them below.
- all line objects have variable lengths, use actual x,y coords and don't need side cover, while all plot levels have a fixed length of 100 bars, use offset and require cover.
- all key properties of line objects, such as x,y coords, color can be modified, objects can be moved/deleted, while this is not possible for static plot levels.
- large width values cause line objects to expand only up/down from center while their length remains the same and stays within the level's start/end points similar to an area style.
- large width values make plot levels expand in all directions (both h/v), beyond level start/end points, sometimes overlapping zero line, making them an inaccurate % length representation, as opposed to line objects/plot levels with area style.
- large width values translate into different widths on screen for line objects and plot levels.
- you can't compensate for this unwanted horiz width expansion of plot levels because width uses its own units, that don't translate into bars/pixels.
- line objects are visible only when num_levels > 50, plot levels are used otherwise
- Since line objects are lines, plot levels also use style line because other style implementations will break the symmetry/spacing between levels.
- if you don't see a volume profile check range settings: min_level/max_level and spacing, set spacing to 0 (or adjust accordingly based on the symbol's precision, i.e. 0.00001)
- you can view either of Buy/Sell/Total volumes, but you can't display Buy/Sell levels at the same time using a single instance (this would 2x reduce the number of levels). Use 2 indicator instances in horiz buy/sell sli mode for that.
- Volume Profile/Value Area are calculated for a given range and updated on each bar. Each level has a fixed length. Offsets control visible level parts. Side Cover hides the invisible parts.
- Custom Color for POC/VA/VWAP levels - UI Style color/transparency can only change shape's color and doesn't affect textcolor, hence this additional option
- Custom Width - UI Style supports only width <= 4, hence this additional option
- POC is visible in both modes. In VWAP mode Developing POC becomes VWAP, VA High and Low => VWAP High and Low correspondingly to minimize the number of plot outputs
- You can't change buy/sell level colors from input (only transparency) - this requires 2x plot outputs => 2x reduces the number of levels to fit the max 64 limit. That's why 2 additional plots are used to dim the non Value Area zones
- You can change level transparency of line objects. Due to Pinescript limitations, only discrete values are supported.
- Inverse transp correlation creates the necessary illusion of "covered" line objects, although they are shown on top of the cover all the time
- If custom lines_transp is set the illusion will break because transp range can't be skewed easily (i.e. transp 0..100 is always mapped to 100..0 and can't be mapped to 50..0)
- transparency can applied to lines dynamically but nva top zone can't be completely removed because plot/mixed type of levels are still used when num_levels < 50 and require cover
- transparency can't be applied to plot levels dynamically from script this can be done only once from UI, and you can't change plot color for the past length bars
- All buy/sell volume lengths are calculated as % of a fixed base width = 100 bars (100%). You can't set show_last from input to change it
- Range selection/Anchoring is not accurate on charts with time gaps since you can only anchor from a point in the future and measure distance in time periods, not actual bars, and there's no way of knowing the number of future gaps in advance.
- Adjust Width for Log Scale mode now also works on high precision charts with small prices (i.e. 0.00001)
- in Adjust Width for Log Scale mode Level1 width extremes can be capped using max deviation (when level1 = 0, shift = 0 width becomes infinite)
- There's no such thing as buy/sell volume, there's just volume, but for the purposes of the Volume Profile method, assume: bull candle = buy volume, bear candle = sell volume
P.S. I am your grandfather, Luke! Now, join the Dark Side in your father's steps or be destroyed! Once more the Sith will rule the Galaxy, and we shall have peace...
Volume Profile Free MAX SLI (50 Levels Value Area VWAP) by RRBVolume Profile Free MAX SLI by RagingRocketBull 2019
Version 1.0
All available Volume Profile Free MAX SLI versions are listed below (They are very similar and I don't want to publish them as separate indicators):
ver 1.0: style columns implementation
ver 2.0: style histogram implementation
ver 3.0: style line implementation
This indicator calculates Volume Profile for a given range and shows it as a histogram consisting of 50 horizontal bars.
It can also show Point of Control (POC), Developing POC, Value Area/VWAP StdDev High/Low as dynamically moving levels.
Free accounts can't access Standard TradingView Volume Profile, hence this indicator.
There are several versions: Free Pro, Free MAX SLI, Free History. This is the Free MAX SLI version. The Differences are listed below:
- Free Pro: 25 levels, +Developing POC, Value Area/VWAP High/Low Levels, Above/Below Area Dimming
- Free MAX SLI: 50 levels, packed to the limit, 2x SLI modes for Buy/Sell or even higher res 150 levels
- Free History: auto highest/lowest, historic poc/va levels for each session
Features:
- High-Res Volume Profile with up to 50 levels (3 implementations)
- 20-30x faster than the old Pro versions especially on lower tfs with long history
- 2x SLI modes for even higher res: 150 levels with 3x vertical SLI, 50 buy/sell levels with 2x horiz SLI
- Calculate Volume Profile on full history
- POC, Developing POC Levels
- Buy/Sell/Total volume modes
- Side Cover
- Value Area, VAH/VAL dynamic levels
- VWAP High/Low dynamic levels with Source, Length, StdDev as params
- Show/Hide all levels
- Dim Non Value Area Zones
- Custom Range with Highlighting
- 3 Anchor points for Volume Profile
- Flip Levels Horizontally
- Adjustable width, offset and spacing of levels
- Custom Color for POC/VA/VWAP levels and Transparency for buy/sell levels
Usage:
- specify max_level/min_level/spacing (required)
- select range (start_bar, range length), confirm with range highlighting
- select volume type: Buy/Sell/Total
- select mode Value Area/VWAP to show corresponding levels
- flip/select anchor point to position the buy/sell levels
- use Horiz SLI mode for 50 Buy/Sell or Vertical SLI for 150 levels if needed
- use POC/Developing POC/VA/VWAP High/Low as S/R levels. Usually daily values from 1-3 days back are used as levels for the current day.
SLI:
- use SLI modes to extend the functionality of the indicator:
- Horiz Buy/Sell 2x SLI lets you view 50 Buy/Sell Levels at the same time
- Vertical Max_Vol 3x SLI lets you increase the resolution to 150 levels
- you need at least 2 instances of the indicator attached to the same chart for SLI to work
1) Enable Horiz SLI:
- attach 2 indicator instances to the chart
- make sure all instances have the same min_level/max_level/range/spacing settings
- select volume type for each instance: you can have a buy/sell or buy/total or sell/total SLI. Make sure your buy volume instance is the last attached to be displayed on top of sell/total instances without overlapping.
- set buy_sell_sli_mode to true for indicator instances with volume_type = buy/sell, for type total this is optional.
- this basically tells the script to calculate % lengths based on total volume instead of individual buy/sell volumes and use ext offset for sell levels
- Sell Offset is calculated relative to Buy Offset to stack/extend sell after buy. Buy Offset = Zero - Buy Length. Sell Offset = Buy Offset - Sell Length = Zero - Buy Length - Sell Length
- there are no master/slave instances in this mode, all indicators are equal, poc/va levels are not affected and can work independently, i.e. one instance can show va levels, another - vwap.
2) Enable Vertical SLI:
- attach the first instance and evaluate the full range to roughly determine where is the highest max_vol/poc level i.e. 0..20000, poc is in the bottom half (third, middle etc) or
- add more instances and split the full vertical range between them, i.e. set min_level/max_level of each corresponding instance to 0..10000, 10000..20000 etc
- make sure all instances have the same range/spacing settings
- an instance with a subrange containing the poc level of the full range is now your master instance (bottom half). All other instances are slaves, their levels will be calculated based on the max_vol/poc of the master instance instead of local values
- set show_max_vol_sli to true for the master instance. for slave instances this is optional and can be used to check if master/slave max_vol values match and slave can read the master's value. This simply plots the max_vol value
- you can also attach all instances and set show_max_vol_sli to true in all of them - the instance with the largest max_vol should become the master
Auto/Manual Ext Max_Vol Modes:
- for auto vertical max_vol SLI mode set max_vol_sli_src in all slave instances to the max_vol of the master indicator: "VolumeProfileFree_MAX_RRB: Max Volume for Vertical SLI Mode". It can be tricky with 2+ instances
- in case auto SLI mode doesn't work - assign max_vol_sli_ext in all slave instances the max_vol value of the master indicator manually and repeat on each change
- manual override max_vol_sli_ext has higher priority than auto max_vol_sli_src when both values are assigned, when they are 0 and close respectively - SLI is disabled
- master/slave max_vol values must match on each bar at all times to maintain proper level scale, otherwise slave's levels will look larger than they should relative to the master's levels.
- Max_vol (red) is the last param in the long list of indicator outputs
- the only true max_vol/poc in this SLI mode is the master's max_vol/poc. All poc/va levels in slaves will be irrelevant and are disabled automatically. Slaves can only show VWAP levels.
- VA Levels of the master instance in this SLI mode are calculated based on the subrange, not the whole range. Cross check with the full range.
WARNING!
- auto mode max_vol_sli_src is experimental and may not work as expected
- you can only assign auto mode max_vol_sli_src = max_vol once due to some bug with unhandled exception/buffer overflow in Tradingview. Seems that you can clear the value only by removing the indicator instance
- sometimes you may see a "study in error state" error when attempting to set it back to close. Remove indicator/Reload chart and start from scratch
- volume profile may not finish to redraw and freeze in an ugly shape after an UI parameter change when max_vol_sli_src is assigned a max_vol value. Assign it to close - VP should redraw properly, but it may not clear the assigned max_vol value
- you can't seem to be able to assign a proper auto max_vol value to the 3rd slave instance
- 2x Vertical SLI works and tested in both auto/manual, 3x SLI - only manual seems to work
Notes:
- This code is 20x-30x faster (main for cycle is removed) especially on lower tfs with long history - only 2-3 sec load/redraw time vs 30-60 sec of the old Pro versions
- Instead of repeatedly calculating the total sum of volumes for the whole range on each bar, vol sums are now increased on each bar and passed to the next in the range making it a per range vs per bar calculation that reduces time dramatically
- hist_base for levels still results is ugly redraw
- if you don't see a volume profile check range settings: min_level/max_level and spacing, set spacing to 0 (or adjust accordingly based on the symbol's precision, i.e. 0.00001)
- you can view either of Buy/Sell/Total volumes, but you can't display Buy/Sell levels at the same time using a single instance (this would 2x reduce the number of levels). Use 2 indicator instances in horiz buy/sell sli mode for that.
- Volume Profile/Value Area are calculated for a given range and updated on each bar. Each level has a fixed length. Offsets control visible level parts. Side Cover hides the invisible parts.
- Custom Color for POC/VA/VWAP levels - UI Style color/transparency can only change shape's color and doesn't affect textcolor, hence this additional option
- Custom Width - UI Style supports only width <= 4, hence this additional option
- POC is visible in both modes. In VWAP mode Developing POC becomes VWAP, VA High and Low => VWAP High and Low correspondingly to minimize the number of plot outputs
- You can't change buy/sell level colors from input (only plot transparency) - this requires 2x plot outputs => 2x reduces the number of levels to fit the max 64 limit. That's why 2 additional plots are used to dim the non Value Area zones
- All buy/sell volume lengths are calculated as % of a fixed base width = 100 bars (100%). You can't set show_last from input to change it
- There's no such thing as buy/sell volume, there's just volume, but for the purposes of the Volume Profile method, assume: bull candle = buy volume, bear candle = sell volume
P.S. Gravitonium Levels Are Increasing. Unobtainium is nowhere to be found!
Links on Volume Profile and Value Area calculation and usage:
www.tradingview.com
stockcharts.com
onlinelibrary.wiley.com
Volume Profile Free Pro (25 Levels Value Area VWAP) by RRBVolume Profile Free Pro by RagingRocketBull 2019
Version 1.0
All available Volume Profile Free Pro versions are listed below (They are very similar and I don't want to publish them as separate indicators):
ver 1.0: style columns implementation
ver 2.0: style histogram implementation
ver 3.0: style line implementation
This indicator calculates Volume Profile for a given range and shows it as a histogram consisting of 25 horizontal bars.
It can also show Point of Control (POC), Developing POC, Value Area/VWAP StdDev High/Low as dynamically moving levels.
Free accounts can't access Standard TradingView Volume Profile, hence this indicator.
There are 3 basic methods to calculate the Value Area for a session.
- original method developed by Steidlmayr (calculated around POC)
- classical method using StdDev (calculated around the mean VWAP)
- another method based on the mean absolute deviation (calculated around the median)
POC is a high volume node and can be used as support/resistance. But when far from the day's average price it may not be as good a trend filter as the other methods.
The 80% Rule: When the market opens above/below the Value Area and then returns/stays back inside for 2 consecutive 30min periods it has 80% chance of filling VA (like a gap).
There are several versions: Free, Free Pro, Free MAX. This is the Free Pro version. The Differences are listed below:
- Free: 30 levels, Buy/Sell/Total Volume Profile views, POC
- Free Pro: 25 levels, +Developing POC, Value Area/VWAP High/Low Levels, Above/Below Area Dimming
- Free MAX: 50 levels, packed to the limit
Features:
- Volume Profile with up to 25 levels (3 implementations)
- POC, Developing POC Levels
- Buy/Sell/Total/Side by Side View modes
- Side Cover
- Value Area, VAH/VAL dynamic levels
- VWAP High/Low dynamic levels with Source, Length, StdDev as params
- Show/Hide all levels
- Dim Non Value Area Zones
- Custom Range with Highlighting
- 3 Anchor points for Volume Profile
- Flip Levels Horizontally
- Adjustable width, offset and spacing of levels
- Custom Color for POC/VA/VWAP levels and Transparency for buy/sell levels
Usage:
- specify max_level/min_level for a range (required in ver 1.0/2.0, auto/optional in ver 3.0 = set to highest/lowest)
- select range (start_bar, range length), confirm with range highlighting
- select mode Value Area or VWAP to show corresponding levels.
- flip/select anchor point to position the buy/sell levels, adjust width and spacing as needed
- select Buy/Sell/Total/Side by Side view mode
- use POC/Developing POC/VA/VWAP High/Low as S/R levels. Usually daily values from 1-3 days back are used as levels for the current day.
- Green - buy volume of a specific price level in a range, Red - sell volume. Green + Red = Total volume of a price level in a range
There's no native support for vertical histograms in Pinescript (with price axis as base)
Basically, there are 4 ways to plot a series of horizontal bars stacked on top of each other:
1. plotshape style labeldown (ver 0 prototype discarded)
- you can have a set of fixed width/height text labels consisting of a series of underscores and moving dynamically as levels. Level offset controls visible length.
- you can move levels and scale the base width of the volume profile histogram dynamically
- you can calculate the highest/lowest range values automatically. max_level/min_level inputs are optional
- you can't fill the gaps between levels/adjust/extend width, height - this results in a half baked volume profile and looks ugly
- fixed text level height doesn't adjust and looks bad on a log scale
- fixed font width also doesn't scale and can't be properly aligned with bars when zooming
2. plot style columns + hist_base (ver 1.0)
- you can plot long horizontal bars using a series of small adjacent vertical columns with level offsets controlling visible length.
- you can't hide/move levels of the volume profile histogram dynamically on each bar, they must be plotted at all times regardless - you can't delete the history of a plot.
- you can't scale the base width of the volume profile histogram dynamically, can't set show_last from input, must use a preset fixed width for each level
- hist_base can only be a static const expression, can't be assigned highest/lowest range values automatically - you have to specify max_level/min_level manually from input
- you can't control spacing between columns - there's an equalizer bar effect when you zoom in, and solid bars when you zoom out
- using hist_base for levels results in ugly load/redraw times - give it 3-5 sec to finalize its shape after each UI param change
- level top can be properly aligned with another level's bottom producing a clean good looking histogram
- columns are properly aligned with bars automatically
3. plot style histogram + hist_base (ver 2.0)
- you can plot long horizontal bars using a series of small vertical bars (horizontal histogram) instead of columns.
- you can control the width of each histogram bar comprising a level (spacing/horiz density). Large enough width will cause bar overlapping and give level a "solid" look regardless of zoom
- you can only set width <= 4 in UI Style - custom textbox input is provided for larger values. You can set width and plot transparency from input
- this method still uses hist_base and inherits other limitations of ver 2.0
4. plot style lines (ver 3.0)
- you can also plot long horizontal bars using lines with level offsets controlling visible length.
- lines don't need hist_base - fast and smooth redraw times
- you can calculate the highest/lowest range values automatically. max_level/min_level inputs are optional
- level top can't be properly aligned with another level's bottom and have a proper spacing because line width uses its own units and doesn't scale
- fixed line width of a level (vertical thickness) doesn't scale and looks bad on log (level overlapping)
- you can only set width <= 4 in UI Style, a custom textbox input is provided for larger values. You can set width and plot transparency from input
Notes:
- hist_base for levels results in ugly load/redraw times - give it 3-5 sec to finalize its shape after each UI param change
- indicator is slow on TFs with long history 10000+ bars
- Volume Profile/Value Area are calculated for a given range and updated on each bar. Each level has a fixed width. Offsets control visible level parts. Side Cover hides the invisible parts.
- Custom Color for POC/VA/VWAP levels - UI Style color/transparency can only change shape's color and doesn't affect textcolor, hence this additional option
- Custom Widh for levels - UI Style supports only width <= 4, hence this additional option
- POC is visible in both modes. In VWAP mode Developing POC becomes VWAP, VA High and Low => VWAP High and Low correspondingly to minimize the number of plot outputs
- You can't change buy/sell level colors (only plot transparency) - this requires 2x plot outputs exceeding max 64 limit. That's why 2 additional plots are used to dim the non Value Area zones
- Use Side by Side view to compare buy and sell volumes between each other: base width = max(total_buy_vol, total_sell_vol)
- All buy/sell volume lengths are calculated as % of a fixed base width = 100 bars (100%). You can't set show_last from input
- Sell Offset is calculated relative to Buy Offset to stack/extend sell on top of buy. Buy Offset = Zero - Buy Length. Sell Offset = Buy Offset - Sell Length = Zero - Buy Length - Sell Length
- If you see "loop too long error" - change some values in UI and it will recalculate - no need to refresh the chart
- There's no such thing as buy/sell volume, there's just volume, but for the purposes of the Volume Profile method, assume: bull candle = buy volume, bear candle = sell volume
- Volume Profile Range is limited to 5000 bars for free accounts
P.S. Cantaloupia Will be Free!
Links on Volume Profile and Value Area calculation and usage:
www.tradingview.com
stockcharts.com
onlinelibrary.wiley.com
Volume Profile Visible Range For All AccountsVolume Profile Visible Range For All Accounts is displaying volume from price perspective. It’s done by summing volume by the “estimated” transaction price. This version is estimating it based on public volume data so it can be used with any account.
Volume Profile is a powerful tool commonly used by PRO users, to disseminate its use also by users who operate on basic volume data, we have prepared a set of scripts:
Volume Profile For All Accounts – Analyze last 50-20000 bars.
Volume Profile From Date For All Accounts – Analyze all bars since start date.
Volume Profile Range For All Accounts – Analyze bars in a range between start and end date.
Volume Profile Visible Range For All Accounts – Analyze bars in the range visible on the screen.
If after reading script description something is not clear, do not hesitate to ask. We are helping all users.
Script Settings:
| SCANNER VISUALIZATION |
Rows – Number of rows
Width – Width of the visualization.
Position – Position of the visualization:
S_DU – At START of the area (left edge of the screen), DOWN first
S_UD – At START of the area (left edge of the screen), UP first
BE_DU – At BEFORE END of the area, DOWN first
BE_UD – At BEFORE END of the area, UP first
E_DU – At END of the area, DOWN first
E_UD – At END of the area, UP first
Color Up – Color of volume classified as move Up, or Both if separation is off.
Color Down - Color of volume classified as move Down
Color Border – Border color.
Up/Down separate – Draw separate volume classified as Up and Down
Show values – Showing volume values of the bars.
Troubleshooting:
In case of any problems, send error details to the author of the script.
Volume Profile, Pivot Anchored by DGTVolume Profile (also known as Price by Volume ) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. Specified time period with Pivots Anchored Volume Profile is determined by the Pivot Levels, where the Pivot Points High Low indicator is used and presented with this Custom indicator
Finally, Volume Weighted Colored Bars indicator is presneted with the study
Different perspective of Volume Profile applications;
Anchored to Session, Week, Month etc : Anchored-Volume-Profile
Custom Range, Interactive : Volume-Profile-Custom-Range
Fixed Range with Volume Indicator : Volume-Profile-Fixed-Range
Combined with Support and Resistance Indicator : Price-Action-Support-Resistance and Volume-Profile
Combined with Supply and Demand Zones, Interactive : Supply-Demand-and-Equilibrium-Zones
Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Volume Profile Range For All AccountsVolume Profile Range For All Accounts is displaying volume from price perspective. It’s done by summing volume by the “estimated” transaction price. This version is estimating it based on public volume data so it can be used with any account.
Volume Profile is a powerful tool commonly used by PRO users, to disseminate its use also by users who operate on basic volume data, we have prepared a set of scripts:
Volume Profile For All Accounts – Analyze last 50-20000 bars.
Volume Profile From Date For All Accounts – Analyze all bars since start date.
Volume Profile Range For All Accounts – Analyze bars in a range between start and end date.
Traiding View is supporting paid users with Volume Profile on extended volume dataset. We recommend to use it, because of access to more precise data.
Script Initialization:
After adding this script to the chart, a blue dialog with ‘Set the “start date” time for “VPR”’ label will be shown. You should pick ‘start date’ on the chart by pressing point on the chart. A line will appear in that place, that can be moved later by move over and catching a rectangle dot over the line.
After ‘start date’ selection, a blue dialog with ‘Set the “end date” time for “VPR”’. You should pick the ‘end date’ on the chart by pressing point on the chart. A line will appear in that place, that can be moved later by move over and catching a rectangle dot over the line.
If picked range is too small, a red label “Range should be bigger than 50 bars” will be shown. In that case just catch the rectangle dot over the line and move it to increase the range.
Settings:
SCANNER VISUALIZATION
Start date – Start date from which bars should be taken into account during calculations. For the narrow range, the estimation may differ significantly from the Volume Profile available for Paid Traiding View users.
End date – End date to which bars should be taken into account during calculations. For the narrow range, the estimation may differ significantly from the Volume Profile available for Paid Traiding View users.
Rows – Number of rows
Width – Width of the visualization.
Position – Position of the visualization:
S_DU – At START of the area, DOWN first
S_UD – At START of the area, UP first
BE_DU – At BEFORE END of the area, DOWN first
BE_UD – At BEFORE END of the area, UP first
E_DU – At END of the area, DOWN first
E_UD – At END of the area, UP first
Color Up – Color of volume classified as move Up, or Both if separation is off.
Color Down - Color of volume classified as move Down
Color Border – Border color.
Up/Down separate – Draw separate volume classified as Up and Down
Show values – Showing volume values of the bars.
Troubleshooting:
In case of any problems, send error details to the author of the script.
Volume Profile From Date For All AccountsVolume Profile From Date For All Accounts is displaying volume from price perspective. It’s done by summing volume by the “estimated” transaction price. This version is estimating it based on public volume data so it can be used with any account.
Volume Profile is a powerful tool commonly used by PRO users, to disseminate its use also by users who operate on basic volume data, we have prepared a set of scripts:
Volume Profile For All Accounts – Analyze last 50-20000 bars.
Volume Profile From Date For All Accounts – Analyze all bars since start date.
Volume Profile Range For All Accounts – Analyze bars in a range between start and end date.
Traiding View is supporting paid users with Volume Profile on extended volume dataset. We recommend to use it, because of access to more precise data.
Settings:
SCANNER VISUALIZATION
Start date – Start date from which bars should be taken into account during calculations. For the near past/small scope, the estimation may differ significantly from the Volume Profile available for Paid Traiding View users.
Rows – Number of rows
Width – Width of the visualization.
Position – Position of the visualization:
S_DU – At START of the area, DOWN first
S_UD – At START of the area, UP first
BE_DU – At BEFORE END of the area, DOWN first
BE_UD – At BEFORE END of the area, UP first
E_DU – At END of the area, DOWN first
E_UD – At END of the area, UP first
Color Up – Color of volume classified as move Up, or Both if separation is off.
Color Down - Color of volume classified as move Down
Color Border – Border color.
Up/Down separate – Draw separate volume classified as Up and Down
Show values – Showing volume values of the bars.
Troubleshooting:
In case of any problems, send error details to the author of the script.
Volume Profile For All AccountsVolume Profile For All Accounts is displaying volume from price perspective. It’s done by summing volume by the “estimated” transaction price. This version is estimating it based on public volume data so it can be used with any account.
Volume Profile is a powerful tool commonly used by PRO users, to disseminate its use also by users who operate on basic volume data, we have prepared a set of scripts:
Volume Profile For All Accounts – Analyze last 50-20000 bars.
Volume Profile From Date For All Accounts – Analyze all bars since start date.
Volume Profile Range For All Accounts – Analyze bars in a range between start and end date.
Traiding View is supporting paid users with Volume Profile on extended volume dataset. We recommend to use it, because of access to more precise data.
Settings:
SCANNER VISUALIZATION
Limit – How many last bars should be taken into account during calculations. For small values, the estimation may differ significantly from the Volume Profile available for Paid Traiding View users.
Rows – Number of rows
Width – Width of the visualization.
Position – Position of the visualization:
S_DU – At START of the area, DOWN first
S_UD – At START of the area, UP first
BE_DU – At BEFORE END of the area, DOWN first
BE_UD – At BEFORE END of the area, UP first
E_DU – At END of the area, DOWN first
E_UD – At END of the area, UP first
Color Up – Color of volume classified as move Up, or Both if separation is off.
Color Down - Color of volume classified as move Down
Color Border – Border color.
Up/Down separate – Draw separate volume classified as Up and Down
Show values – Showing volume values of the bars.
Troubleshooting:
In case of any problems, send error details to the author of the script.
Volume Profile Delta & DOM @MaxMaserati 2.0Volume Profile Delta & DOM @Maxserati 2.0- Real Order Flow Analysis
What this indicator actually does!!!
Most volume indicators just show you total volume - which honestly doesn't tell you much. This one breaks down WHO is driving that volume. Big difference between 1000 shares of balanced buying/selling versus 800 buy + 200 sell. This tool shows you exactly that breakdown at every price level.
Trading without this kind of data means you're basically trading blind. Price action is important, but without knowing if smart money is buying or selling, you're mostly guessing. This gives you the same view that institutional traders have.
The main components
**DOM Display**: Shows real-time order flow with separate columns for buying and selling volume at each price level. You can toggle any column on/off depending on what you actually use.
**Volume Delta**: This is the key part - it shows net buying pressure (buy volume minus sell volume) at each price. When you see heavy buying at a support level, that's usually a good sign. When you see heavy selling at resistance, different story.
**Understanding the key columns:**
- **VPS (Volume Profile Sell)**: Shows selling volume (bid volume) at each price level - how much selling pressure exists
- **VPB (Volume Profile Buy)**: Shows buying volume (ask volume) at each price level - how much buying pressure exists
- **VPD (Volume Profile Delta)**: The difference between VPB and VPS (buy volume minus sell volume) - this tells you who's winning the battle at each price
**Time & Sales**: Live trade data with timestamps. There are filters so you can ignore the small retail trades and focus on the size that actually moves markets.
**Recent Activity**: Tracks momentum by showing cumulative buying/selling above and below current price. Useful for seeing if institutions are accumulating or distributing.
Why volume analysis works
Professional traders don't just look at price. They look at volume because volume precedes price movement. When smart money starts accumulating a position, you'll see it in the volume before you see it in price.
Think about it - if a stock is at $100 and someone wants to buy 100,000 shares, they can't just market buy it all at once without moving the price. They'll spread it out, but you can still see the accumulation pattern if you know where to look.
Real trading applications
**For day trading**: This works well for timing entries. If you see price breaking a level but volume delta is negative, that's usually a fake breakout. If volume confirms the move, much higher probability trade.
**For swing positions**: Great for finding accumulation zones. When you see consistent buying volume at certain levels over multiple days, institutions are likely building positions there.
**Risk management**: Volume shifts often happen before price reversals. If you're long and suddenly see heavy selling volume while price is still going up, that's a good exit signal.
Multi-market setup
Works on stocks, futures, forex, and crypto. The indicator automatically detects what type of market you're trading and adjusts accordingly. For forex it uses tick volume since real volume isn't available. For crypto it handles the decimal precision properly.
Customization options
You can show or hide any column depending on your trading style. If you're just scalping, maybe you only need price and delta. If you're doing deeper analysis, turn on all the columns.
There's color customization since everyone has their preferences, and text sizing because not everyone trades on huge monitors.
The indicator has both real-time and backtesting modes. Real-time for live trading, backtesting for developing strategies with historical volume data.
Learning curve
Fair warning - this isn't a simple moving average. There's a learning curve to reading order flow properly. Start by watching how volume patterns develop around known support and resistance levels.
Pay attention to volume divergences. If price makes a new high but volume delta is weaker, that's often a warning sign. If price breaks down but there's no real selling volume, it might be a false breakdown.
Performance notes
This processes a lot of data in real-time, so disable any columns you don't actually use. The more features you enable, the more processing power it needs.
Works best on lower timeframes (1-15 minutes) where you can see the tick-by-tick order flow. Still useful on higher timeframes but less granular.
## Bottom line
If you're serious about trading and want to see what institutional money is doing instead of just guessing from price action alone, this will help. It's not magic - you still need to understand market structure and have a trading plan. But it gives you information that most retail traders don't have access to.
The goal is to stop trading against smart money and start trading with them. Volume tells you where they're active.
---
*Works on all markets. Real volume for stocks/futures, tick volume for forex. Compatible with TradingView's replay feature for backtesting.*
Volume Profile Channel [CE]Volume Profile Channel
Volume Profile Channel, Is the first of its kind tool that will plot a volume profile in any directional channel, the tool will calculate a profile and display the following, POC/VAH/VAL.
The typical profile works by on a horizontal access such that ticksize can be calculated along the y axis and data can then be used to generate a profile, the angle of a parallel channel would make this unavailable.
By cleverly using the angle at which the profile is created, a diagonal ticksize is generated and applied to the profile to create a first of its kind parallel channel volume profile tool!
User Controllable Width:
As compared to the above or below images, users have the ability to control the width this will allow them to show how much of the space the profile will draw on the chart with, using the value "0"
can be done to completely remove the profile whilst still tracking the POC,VAH,VAL
0 Width:
Users can the total number of rows,
Number Of Rows 50:
Ability to "anti-alias" the profile as well below will show a comparison of this occurring:
Unsmoothed
Smoothed
The advantage of using this is that as opposed to relying datasets of mid points or custom equal values along a parallel channel , users can now use the profile to see where the channel has the most interaction, (POC).
This allows for an objective look into the data as opposed to identifying by "eye" where traders are exchanging hands or vs using values such as the midpoint which may not necessarily always be a point of interest as the POC will be.
The VAH/VAL levels give good opportunity to see reactions at levels we may not previously be able to see in the channel with fixed values, allowing us to take positions in a more dynamic sense which may not be identifiable with fixed positions, 0.25,0.5,0.75 etc...
VOLUME PROFILE WITH FOOTPRINT AND IMBALANCEVOLUME PROFILE WITH FOOTPRINT AND IMBALANCE
A professional-grade market structure analysis tool that combines three powerful trading concepts into one comprehensive indicator: Volume Profile, Footprint Charts, and Imbalance detection. This script provides optimum-level market analysis for trading.
KEY FEATURES
1. Multi-Day Volume Profile
Customizable Row Density: Adjust price level granularity for precise volume distribution analysis
Point of Control (POC): Automatically identifies the price level with highest traded volume
Value Area Calculation: Highlights the price range containing 70% of the day's volume (customizable percentage)
Value Area High (VAH) & Low (VAL): Clear demarcation of institutional acceptance zones
Horizontal Volume Bars: Visual representation of buying vs. selling pressure at each price level
Color-Coded Volume: Distinguishes between value area volume and outlier volume for better visual clarity
2. Previous Day Reference Levels
Previous Day High/Low (PDH/PDL): Critical support/resistance levels from prior session
Previous Day POC: Yesterday's highest volume node - often acts as magnetic price level
Previous Day VAH/VAL: Prior session's value boundaries for gap analysis and mean reversion setups
All previous day levels extend into current session with customizable colors and line styles
3. Virgin Point of Control (VPOC)
Untouched POC Identification: Automatically tracks POC levels that haven't been revisited by price
Real-time Validation: Monitors whether subsequent price action has tested each historical POC
Multi-Day Tracking: Maintains VPOC levels across multiple sessions until filled
High-Probability Targets: Virgin POCs often act as magnets for future price action
4. Footprint Zone Analysis
Footprint Zone Detection: Identifies price levels touched only once during the session
Automated Ribbon Consolidation: Groups consecutive Footprint Zone into visual zones
Price Range Sensitivity: Automatically adjusts granularity based on instrument price
Historical Persistence: Consolidates previous day's footprint zones for multi-day context
Auction Failure Zones: Footprint Zone often indicate areas of poor liquidity and potential reversal points
5. Three-Candle Imbalance Detection
Bullish Imbalance
Bearish Imbalance
Visual Markers: Clear circular indicators on all three candles forming the imbalance
Customizable Colors: Separate colors for bullish and bearish imbalances
Gap Validation: Ensures meaningful price displacement before flagging imbalance
Volume Profile, Pivot Anchored by DGT - reviewedVolume Profile, Pivot Anchored by DGT - reviewed
This indicator, “Volume Profile, Pivot Anchored”, builds a volume profile between swing highs and lows (pivot points) to show where trading activity is concentrated.
It highlights:
Value Area (VAH / VAL) and Point of Control (POC)
Volume distribution by price level
Pivot-based labels showing price, % change, and volume
Optional colored candles based on volume strength relative to the average
Essentially, it visualizes how volume is distributed between market pivots to reveal key price zones and volume imbalances.
Volume Profile by QTECHtradingVolume Profile by QTECHtrading for the new year 2023
This is a simple version of Volume profile
Features:
- Volume Profile for day trading lower time frame, swing trading or investing with higher time frame
- POC, Developing POC Levels, Previous Levels
- Developing Value Area, VAH/VAL dynamic levels and Previous Levels
- Buy/Sell/Total volume modes
- Auto VWAP for day trading, swing trading, or investing
- Show/Hide all levels
- Custom Initial Balance with BOX
Volume Profile - EdzVolume Profile – Edz is a lightweight indicator that identifies the top high-volume price levels over a recent range of candles, using customizable price binning (priceStep) and lookback length. It highlights the top N volume clusters with horizontal lines, labels, and strength-based star ratings (★–★★★), and displays a compact summary table showing price, volume, and relative strength. Optimized for intraday and short-term trading, this tool updates only on the latest bar for maximum performance and is ideal for spotting volume-based support, resistance, and high-confluence trading zones.
