OPEN-SOURCE SCRIPT
Volume Profile + Pivot Levels [Jaxon007]
This indicator combines Volume Profile analysis with Pivot Levels to help identify strong areas of support and resistance, as well as potential buy/sell zones.
🔎 Key Features:
Custom Volume Profile (VP):
Dynamically calculates the highest and lowest price levels within a user-defined lookback period, filtered by relative volume strength. These act as zones of market interest where price tends to react.
Pivot Levels (Daily/Weekly/Monthly):
Automatically plots pivot points based on your selected timeframe. Classic pivot levels are included, along with support (S1) and resistance (R1).
Buy & Sell Signal Markers:
Buy Signal: Plotted when price closes above both the pivot and VP High.
Sell Signal: Plotted when price closes below both the pivot and VP Low.
These signals highlight breakout and momentum opportunities.
Customizable Display:
Toggle on/off pivot levels, volume profile levels, and buy/sell signals to suit your trading style.
🎯 How to Use:
Look for confluence between Pivot Levels and VP High/Low to spot strong breakout or reversal points.
Use Buy signals for potential long entries when market momentum confirms above key levels.
Use Sell signals for potential short entries when price breaks below critical zones.
Best applied on higher-volume assets (Forex, Indices, Crypto, Stocks).
🔎 Key Features:
Custom Volume Profile (VP):
Dynamically calculates the highest and lowest price levels within a user-defined lookback period, filtered by relative volume strength. These act as zones of market interest where price tends to react.
Pivot Levels (Daily/Weekly/Monthly):
Automatically plots pivot points based on your selected timeframe. Classic pivot levels are included, along with support (S1) and resistance (R1).
Buy & Sell Signal Markers:
Buy Signal: Plotted when price closes above both the pivot and VP High.
Sell Signal: Plotted when price closes below both the pivot and VP Low.
These signals highlight breakout and momentum opportunities.
Customizable Display:
Toggle on/off pivot levels, volume profile levels, and buy/sell signals to suit your trading style.
🎯 How to Use:
Look for confluence between Pivot Levels and VP High/Low to spot strong breakout or reversal points.
Use Buy signals for potential long entries when market momentum confirms above key levels.
Use Sell signals for potential short entries when price breaks below critical zones.
Best applied on higher-volume assets (Forex, Indices, Crypto, Stocks).
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
✨ Shared Success | Trusted Growth ✨
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
✨ Shared Success | Trusted Growth ✨
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.