juliangonzaconde

Volume Profile per day with support/resistance lines

This indicator shows the volume profile by daily blocks and draws on the chart the support or resistance lines produced by the previous volume profile block. A support line will be created if in the previous block, the VPOC line was closer to the lowest price line of that block. This support line will be placed below the VPOC line, at a distance equal to the difference between the highest price of that block and the VPOC price. For the case of the resistance line, the logic applied is analogous.
These support and resistance lines are introduced because, according to the Gaussian bell, the VPOC is likely to be located in the middle, and these deviations can be used to trace support and resistance .

In addition, the indicator includes the following features:

- Change the colors of all plotted lines.
- Define the number of daily blocks to be displayed.
- Define the resolution when calculating the volume of each candle.
- Define the number of support/resistance lines to be displayed.
- Highest and lowest price lines, as well as vpoc line, volume histogram and support and resistance lines.
- Display or not, the vpoc line and the volume histogram.

The calculations performed by the script improve if the candles used are of a lower timeframe. This indicator has been tested in several markets, including cryptos, CFDs, Forex and Indices.
Notas de prensa: Added offset for labels and for support and resistance lines so that they do not overlap with the bars on the chart.
Notas de prensa: It is now possible to show and hide chart lines and labels separately.
Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con las Normas internas. Puede marcarlo como favorito para usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?

Comentarios

wow ...superb...great work sir,
please provide multi time frame option
thank you sir
+4 Responder
juliangonzaconde kovaashok7474
@kovaashok7474, You are right, I was looking for a way to do it, but the rules do not allow me to use the "security" function, so I decided to investigate an alternative for a future version. Of course I am open to suggestions.
Responder
good job!!!!!!!!!!!!!!!!
+3 Responder
I appreciate you and your work!
+2 Responder
@juliangonzaconde This is exactly what I was looking for. Thanks a lot.
+1 Responder
Why its so hard to find gems like this.
+1 Responder
juliangonzaconde pricechart1336
@pricechart1336, Wow, I don't usually find such comments either jaja, thanks!
Responder
Very good!
+1 Responder
Great work on an awesome tool thanks mate @juliangonzaconde
+1 Responder
Wow , tnx man
+1 Responder
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