RS: Market Profile

A Market Profile (time price opportunity) implementation with an option to mark a point of control (POC) based on volume.

Config: Hide default candles. Select a session time using exchange timezone. Experiment with tick multiplier value to achieve desired level of detail. Choose the symbols of your choice, e.g. squares or A-Z chars. For multiple sessions you will have to add additional instances of this script with a different time configuration.

Limitations: TradingView has a hard limit for the number of characters (500), if it's reached, label rendering stops. Try increasing tick multiplier value to reduce the number of labels rendered or reduce the window size.

Features:

• Use symbols or A-Z chars for TPOs
  
• Mark POC
  
• Calculate Value Area (volume or time based)
  
• Highlight single prints (SP)
  
• Highlight VWAP
  
• Show daily bar
  
• Highlight Open and Close
  
• Highlight current price row (during live market)
  
• Highlight initial balance (IB)
  

Notas de prensa:

Removed unused text size options.

Notas de prensa:

Remove unused attribute.

Notas de prensa:

Cleanup unused code.

Notas de prensa:

Touchup

Notas de prensa:

Update chart

Notas de prensa:

Make sure the script works on free accounts.

Notas de prensa:

• Extend VAH/VAL and POC lines (disabled by default)
  
• Mark period opening price, either use case swap or '0' character (disabled by default)
  

Notas de prensa:

Fix house rules violation

Notas de prensa:

Update the chart

Notas de prensa:

Bugfix: terminate extension lines even for 24h sessions

Notas de prensa:

• Introduce weekly and monthly profiles
  
• Add value area percentage input
  

Notas de prensa:

• Add option to split the profile (available only if A-Za-z rendering is selected)
  

Notas de prensa:

Introduce a "Fixed" range timeframe (arbitrary start/end date profile)

E.g.

Notas de prensa:

Add option to show volume numbers in "Fixed" market profile mode

Notas de prensa:

Add background for fixed range

Notas de prensa:

Improve closing price marking in A-Za-z profiles

Notas de prensa:

• Add high/low extension lines (hidden by default)
  
• Simplify lower TF logic (volume)
  

Notas de prensa:

Use all or nothing for VP

Notas de prensa:

Allow to show midpoint extension line (hidden by default).

Midpoint calculation algorithm can be either:

• High/Low based (midpoint)
  
• TPOs count based (similar count on both sides)
  

Notas de prensa:

Add an option to choose the time settings in a specific timezone (defaults to exchange timezone).

Notas de prensa:

Add possibility to render intraday profiles.
To use this feature, select Timeframe -> Intraday. Set desired Profile length in minutes value, the default is 60 (1 hour).