MarketWebsWhat are the MarketWebs?
A technical system based on Auction Market Theory and Market Profiles using Volume, Time, and Price to determine a Technical Roadmap outlining significant support & resistance across Equities, Futures, Cryptos and Forex.
Volume at price (Market Profile) is a powerful way to look at the market. By comparing current price action to the action occurring during previous periods, we can more clearly see the strength or weakness in the current market. Marking and tracking previous periods also allow the trader to identify price levels the market “remembers”.
Uniquely, this script automatically identifies and labels:
Virgin Points of Control (VPOCs) derived from price action leaving behind overhead supply (or underneath demand). VPOCs help determine pivot / stabilization points and often act as magnets when the market is trending.
Price breakouts across multiple time frames based on Auction Market Theory.
Bullish or bearish 80% rules as price enters value. This rule is triggered when: the Value Area has not been fully explored, price has been trading outside of value, and price breaks into value.
Venom Lines which are pivot lines of support and resistance derived from the period’s value area.
When high volatility is expected after a price auction period of significantly suppressed volatility.
What do they show?
1) Value Areas
The MarketWebs calculate precise Value Areas based on the market profile built from the amount of volume traded and time spent at all price levels across a period and then shift them forward for reference in the next period. As a technique developed in the 1980’s OEX trading pit using the previous day’s price action for reference today, this script extrapolates that concept into daily, weekly, monthly, and yearly value areas to compare the current price action to.
This script automatically draws the value areas across multiple time frames, calculating the value areas for the applicable periods: Daily, Weekly, Monthly, and Yearly.
For instance, the Monthly Value Area is based on the previous trading month. When the market is “below value” the trend is weak and price is in an auction market looking to establish a new “value”. The same is true above value, the market is strong. Inside of value however, the market is ranging instead of trending.
By applying multiple copies of the script to the chart, it is possible to show multiple time frame value areas on the same chart.
2) VPOCs
Within every value area there is a price level at which the most activity occurred. This is called the “Point of Control” (POC). It is our belief that the POC inside of the value area doesn’t hold much significance for trading; however – when the market has moved into a new value area period, and the previous POC has been left “un-tested” it becomes a “Virgin Point of Control” (VPOC).
VPOCs are extremely significant levels to the market. As price moves away from them over time the market has a memory for these levels that it will not forget. When the market finally starts to trend towards a VPOC (for example, price is above value for the period, and there is a VPOC above) the level will act as a magnet, pulling the market towards it. More often than not, once the market “tags” this level, it will reverse (note: in strong volume moves or extreme price shocks, it may bust through multiple VPOCs before reversing direction)
3) 80% Rule
Another trading rule from the pit traders, the 80% rule states that if price has been trading outside of the previous value area before that value area has been fully explored, and price then breaks into value, there is an 80% chance that price will continue to the other side of value. This works in both directions, bullish and bearish. This script will highlight when the market has triggered an 80% Rule.
4) Venom Lines
Venom lines are pivot levels of support and resistance based on the calculated value areas. These are reference levels for how extreme the market’s move away from value is in the current period and often mark significant but somewhat weak levels of support and resistance. They are especially useful identifying price targets for stocks making new all time highs.
5) Expected High Volatility
Many traders monitor when price has been consolidating (with low volatility) for an extended period of time. This kind of price action makes abnormally “skinny” Value Areas which indicate that the market is primed for a large move (in any direction) during the following period. This script identifies periods of high volatility expected both in the current period or in the next period as its value area is established.
Setup and Preferences:
Be sure to have your TradingView charts set to “Scale price chart only,” otherwise the chart will try to fit all of the VPOCs and Venoms in your field of view when only the closest levels to current price action are really important.
* Be sure to read through any release notes as they may contain updates to the options depicted.
Buscar en scripts para "poc"
10x Bull Vs. Bear VP Intraday Sessions [Kioseff Trading]Hello!
This script "10x Bull Vs. Bear VP Intraday Sessions" lets the user configure up to 10 session ranges for Bull Vs. Bear volume profiles!
Features
Up To 10 Fixed Ranges!
Volume Profile Anchored to Fixed Range
Delta Ladder Anchored to Range
Bull vs Bear Profiles!
Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area Lines for Bull Profiles and Bear Profiles
Configurable Value Area Target
Up to 2000 Profile Rows per Visible Range
Stylistic Options for Profiles
This script generates Bull vs. Bear volume profiles for up to 10 fixed ranges!
Up to 2000 volume profile levels (price levels) Can be calculated for each profile, thanks to the new polyline feature, allowing for less aggregation / more precision of volume at price and volume delta.
Bull vs Bear Profiles
The image above shows primary functionality!
Green profiles = buying volume
Red profiles = selling volume
All colors are configurable.
Bullish & bearish POC + value areas for each fixed range are displayable!
That’s about it :D
This indicator is part of a series titled “Bull vs. Bear”.
If you have any suggestions please feel free to share!
OI Visible Range Ladder [Kioseff Trading]Hello!
This Script “OI Visible Range Ladder” calculates open interest profiles for the visible range alongside an OI ladder for the visible period!
Features
OI Profile Anchored to Visible Range
OI Ladder Anchored to Visible Range
Standard POC and Value Area Lines, in Addition to Separated POCs and Value Area Lines for each category of OI x Price
Configurable Value Area Targets
Curved Profiles
Up to 9999 Profile Rows per Visible Range
Stylistic Options for Profiles
Up to 9999 volume profile levels (Price levels) can be calculated for each profile, thanks to the new polyline feature, allowing for less aggregation / more precision of open interest at price.
The image above shows primary functionality!
Green profiles = Up OI / Up Price
Yellow profiles = Down OI / Up Price
Purple profiles = Up OI / Down Price
Red profiles = Down OI / Down Price
The image above shows POCs for each OI x Price category!
Profiles can be anchored on the left side for a more traditional look.
The indicator is robust enough to calculate on “small price periods”, or for a price period spanning your entire chart fully zoomed out!
That’s about it :D
This indicator is Part of a series titled “Bull vs. Bear” - a suite of profile-like indicators.
Thanks for checking this out!
If you have any suggestions please feel free to share!
Bull Vs Bear Visible Range VP [Kioseff Trading]Hello!
This Script “Bull vs Bear Visible Range VP” Calculates Bull & Bear Volume Profiles for the Visible Range Alongside a Delta Ladder for the Visible Period!
Features
Volume Profile Anchored to Visible Range
Delta Ladder Anchored to Visible Range
Bull vs Bear Profiles!
Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area Lines for Bull Profiles and Bear Profiles
Configurable Value Area Target
Curved Profiles
Up to 9999 Profile Rows per Visible Range
Stylistic Options for Profiles
This Script Generates Bull vs. Bear Volume Profiles for the Visible Range!
Up to 9999 Volume Profile Levels (Price Levels) Can Be Calculated for Each Profile, Thanks to the New Polyline Feature, Allowing For Less Aggregation / More Precision of Volume at Price and Volume Delta.
Bull vs Bear Profiles
The Image Above Shows Primary Functionality!
Green Profiles = Buying Volume
Red Profiles = Selling Volume
Bullish & Bearish Pocs for the Visible Range Are Displayable!
Profiles Can Be Anchored on the Left Side for a More Traditional Look.
The indicator is robust enough to calculate on "small price periods", or for a price period spanning your entire chart fully zoomed out!
That’s About It :D
This Indicator Is Part of a Series Titled “Bull vs. Bear” - A Suite of Profile-Like Indicators I Will Be Releasing Over Coming Days. Thanks for Checking This Out!
If You Have Any Suggestions Please Feel Free to Share!
Zig-Zag Open Interest Footprint [Kioseff Trading]Hello!
This script "Zig Zag Open Interest Footprint" calculates open interest x price values for zig zag trends!
Features
Open interest footprints anchored to zig zag trends
Summed OI x price level footprints
Total OI (for each category) for the entire trend shown
Standard POC lines, in addition to separated POC lines for each category of open interest x price possibility
Up to 9999 profile rows per zigzag trend
Stylistic options for profiles
Configurable zig zag - footprints generated for small to large trends
The zigzag indicator is configurable as normal; minor and major trend volume footprints are calculable. This indicator can be thought of as "Open Interest Footprint for Trends''.
Up to 9999 open interest levels (price levels) can be calculated for each profile, thanks to the new polyline feature, allowing for less aggregation / more precision of open interest at price.
Zig Zag OI Footprints
The image above shows primary functionality!
Green = Higher OI + Higher Price
Yellow = Lower OI + Higher Price
Purple = Higher OI + Lower Price
Red = Lower OI + Lower Price
Profiles are generated for each trend identified by the zigzag indicator.
The image above shows the indicator calculating open interest x price for specific price blocks on the footprint. Aggregate open interest for the identified trend is displayed over the profile!
Neon highlighted values correspond to the highest open interest change for the category. This is a configurable option :D
The image above shows POC lines for each category of open interest x price!
Additionally, you can select to show a single POV for footprint - the single level the greatest amount of OI change occurred.
The indicator is robust enough to calculate on "long zig zags" and "short zig zags"; curved profiles can also be used!
The image above shows key levels, each OI footprint, and summed OI values for the current trend!
That's about it :D
This indicator is part of a series titled "Bull vs. Bear" - a suite of profile-like indicators I will be releasing over the coming days. Thanks for checking this out!
If you have any suggestions please feel free to share!
MTF Evolving Weighted Composite Value Area🧾 Description:
This indicator calculates evolving value areas across 3 different timeframes/periods and combines them into one composite, multi-timeframe evolving value area - with each of the underlying timeframes' VAs assigned their own weighting/importance in the final calculation. Layered with extra smoothing options, this creates an informative and useful 'rolling value area' effect that can give you a better perspective on the value area across multiple periods at once as it develops - without total calculation resets at the onset of every new period.
Let's start with a simplified primer on value areas and then jump in to the new ideas this indicator introduces.
🤔 What is a value area?
Value areas are a tool used in market profile analysis to determine the range of prices that represents where most trading activity occurred during a specific time period, typically within a single 'bar' of a certain higher timeframe, such as the 4-hour, daily, or weekly. It helps traders understand the levels where the market finds value.
To calculate the value area, we look at the distribution of prices and trading volume. We determine a percentage, usually 70% or 80%, that represents the significant portion of trading volume. Then, we identify the price range that contains this percentage of trading volume, which becomes the value area.
Value areas are useful because they provide insights into market dynamics and potential support and resistance levels. They show where traders have been most active and where they find value, and traders can use this information to make better-informed decisions.
For example, if price is trading within the value area, it suggests that it's within a range where traders see value and are actively participating, which could indicate a balanced market. If the price moves above or below the value area, it may signal a potential shift in market sentiment or a breakout/breakdown from the established range.
By understanding the value area, traders can identify potential areas of supply and demand, determine levels of interest for buyers and sellers, and make decisions based on the market's perception of value.
📑 Limitations of traditional value areas
Static representation: Value areas are usually represented as static zones calculated after the fact. For example, after a daily period is completed, a typical 1D VA indicator will display the value area for the past period with static horizontal lines. This approach doesn't give you the power to see how the value area evolved, or developed, during the time period, as it is only displayed retroactively. It also doesn't give you the ability to view it as it evolves in real-time. This is why we chose to use an evolving value area representation, specifically borrowed from @sourcey's Value Area POC/VAH/VAL script function for calculating evolving VAs.
Rollover resets - no memory of past periods!: The traditional value area is calculated over a static period - it is calculated from the beginning of the period, for example a 1 day period, to the end, and that's the end of it. When the next daily period begins, the calculation resets, and has no memory of the preceding period. This limits the usefulness of the value area visual when viewed near the beginning of a new period before price and volume have been given ample time to define an area.
Hard to absorb all of that information: Value areas aren't generally meant to be a hardline representation of something extremely exact - they're based on a percentage of the area where traders appeared to find value over a certain time period. Most traders use them as a guide for support and resistance levels or finding an expected range. Traders typically overlay multiple VAs - sometimes requiring several instances of the same indicator to be applied - to represent the VA across multiple timeframes such as the 4H, 1D, or 1W. The chart quickly gets cluttered and it's not necessarily easy to understand the relationship between these multiple periods' VAs at a glance.
🧪 New concepts introduced in this indicator
With the evolving weighted composite value area we tried to address these limitations, and we think the result can be useful and intuitive for traders who want more dynamic and practical VAs for their everyday technical analysis.
⚖️ 1. A composite, weighted multi-timeframe VA
This indicator's value areas represent a combination or composite of the value areas calculated across multiple timeframes. The VAs calculated across each timeframe are then given a weighting percentage, which determines their contribution to the final 'weighted composite value area'.
Pictured below: a 4H/1D/1W MTF evolving weighted composite VA on the BTCUSDT Perpetual Futures (Binance) 5 minute chart:
Traditionally, when traders wanted to get a view of where the majority of trading activity occurred over the past four hours, day, and week, they would need to apply three value area indicators (or sometimes one if it allows multiple custom timeframes), each set to a different period (4H, 1D, 1W). The chart gets cluttered quickly and the information is hard to absorb in one shot. Addressing this problem was the main impetus for creating this weighted composite process.
〰️ 2. Rolling and smoothed evolving VAs
Because the composite VA is calculated based on multiple period VAs, there is no one single point where the area calculation resets (unless all 3 selected timeframes happen to rollover on the same bar). This creates a 'rolling' effect that gives a sense of the progression of the VA as price transitions through the different underlying time periods, without the traditional 'jump' in calculations between periods.
Pictured below: a 1D/1W/1M MTF evolving weighted composite VA on the NQ futures 1H chart:
To help give even more of a sense of perspective and 'progression' of the VA, there are also smoothing options to even out the 'jumps' at period-rollover points.
✔️ What's it good for?
Smoothed, rolling, and evolving multi-timeframe VAs that give you a better real-time perspective of where traders are finding value across multiple time periods at once.
📎 References
1. @sourcey's Value Area POC/VAH/VAL script by adapting its f_poc(tf) function.
💠 Features:
A MTF evolving weighted composite value area based on 3 underlying VAs calculated across customizable timeframes
Aesthetic and flexible coloring and color theme styling options
Period-roller labels and options for ease-of-use and legibility
⚙️ Settings:
Calculation Decimal Resolution: This setting essentially determines how 'granular' the value area calculating process is. This value should be set to some multiple of the tick size/smallest decimal of the symbol's price chart. Eg. On BTCUSDT, the tick size/decimal is usually 0.1. So, you might use 0.5. On TSLA, the tick size is 0.01. You might use 0.05 or 0.25. Beware: if the resolution is too small, calculation will take too long and the script may timeout.
Show Me Suggested Resolutions: If enabled, a label will display in the bottom right of the chart with some suggested resolutions for the current chart.
Area Percentage: Set the displayed percentage of the calculated composite value area. Igor method = 70%; Daniel method: 68%.
Use a Color Theme: When this setting is enabled, all manual 'Bullish and Bearish Colors' are overridden. All plots will use the colors from your selected Color Theme - excepting those plots set to use the 'Single Color' coloring method.
Color Theme: When 'Use a Color Theme' is enabled, this setting allows you to select the color theme you wish to use.
Resistance Color: When 'Use a Color Theme' is disabled, this will set the 'resistance color' for the composite VA.
Support Color: When 'Use a Color Theme' is disabled, this will set the 'support color' for the composite VA.
Show Period Rollover Labels: When enabled, a label will show above or below the composite VA marking any underlying period rollovers with the label 'New __' (eg. 'New 4H', 'New 1D', 'New 1W').
Size: Sets the font size of the period rollover labels.
Show Period Rollover Lines: When enabled, a translucent vertical dashed line will be drawn across the composite VA when one of the underlying periods rolls over.
Fill Composite Value Area: When enabled, the composite VA will be filled with a gradient coloring from the support line to the resistance line using their respective colors.
Smooth: When enabled, a smoothing moving average will be applied to the composite value area.
Smoothing Period: Set the lookback period for the smoothing average.
Smoothing Type: Set the calculation type for the smoothing average. Options include: Exponential, Simple, Weighted, Volume-Weighted, and Hull.
Enable: Include/exclude a timeframe's VA in the composite VA calculation.
Timeframe: Set the timeframe for this specific underlying VA.
Weighting %: Set the weighting percentage or 'importance' of this timeframe's value area in calculating the composite VA. Beware! The sum of the weighting percentages across all enabled timeframes must ALWAYS add up to 100 in order for this indicator to work as designed.
Market Order Bubbles - By Leviathan"Market Order Bubbles" is a volume-based indicator that helps visualize the occurrences of increased aggressiveness in market buying/selling and can serve as a useful confluence for trading reversals or as a simple tool for observing real-time market dynamics.
I created Market Order Bubbles six months ago as an additional tool included in my Liquidation Levels script. Due to their popularity, I decided to publish them as a standalone indicator with some new features. The script is based on a calculation that uses volume data (imitation of CVD) and price action to estimate where there is a surge in the quantity and magnitude of market buy and sell orders. These occurrences are visualized with circles (bubbles) that appear above the bar (market buy orders) or below the bar (market sell orders). Most of the time, the approach to interpreting the bubbles is contrarian, meaning that the appearance of Market Buy Order Bubbles can serve as a confluence to look for shorts, and the appearance of Market Sell Order Bubbles can serve as a confluence to look for longs.
The concept behind taking a contrarian approach:
Market Buy Order Bubbles appear above the price and possibly signal the following:
- Short positions being liquidated (exit short = buy order)
- New traders entering late longs based on FOMO (enter long = buy order)
- Smarter traders getting their limit sell orders filled by aggressive buyers/stopped out shorts
⇒ Possible reversal to the downside / short-term pullback / start of ranging price action (PA)
Market Sell Order Bubbles appear below the price and possibly signal the following:
- Long positions being liquidated (exit long = sell order)
- New traders entering late shorts based on FOMO (enter short = sell order)
- Smarter traders getting their limit buy orders filled by aggressive sellers/stopped out longs
⇒ Possible reversal to the upside / short-term pullback / start of the ranging PA
These events are identified and filtered by EMA and STDEV-based "thresholds," which can be modified in the indicator settings.
1. If the buy/sell volume exceeds the first threshold, a Small Bubble is displayed.
2. If the buy/sell volume surpasses the second threshold, a Medium Bubble is displayed.
3. If the buy/sell volume exceeds the third threshold, a Large Bubble is displayed.
Increasing the multipliers effectively increases the threshold for a given bubble to appear, making the conditions for its occurrence more strict.
Decreasing the multipliers effectively decreases the threshold for a given bubble to appear, making the conditions for its occurrence less strict.
Settings Overview
"Bubble Position" - Choose whether the bubbles are displayed above/below the candle, at the candle high/low, or at the intrabar POC of the candle.
"Strength Gradient Color" - This option adjusts the transparency of the bubble's color relative to the volume on that bar.
"Threshold EMA Length" - Choose the length of the EMA used for determining the thresholds.
"Threshold STDEV Length" - Choose the length of the ta.stdev() function used on the EMA.
"Appearance Delay" - This input allows you to delay the appearance of the bubble for x number of bars. The default is 0.
"Show POC" - Show/hide intrabar POCs displayed as "-".
"Timeframe-Adjusted Settings" - Different timeframes might require different parameters. In this section, you can set custom parameters (Lengths and Multipliers) for four different timeframes, and the script will automatically switch to those settings as you browse through different timeframes.
Periodic Volume Profile+ [Pt]This is a + version of my original Periodic Volume Profile indicator
This script includes the following extra unique features.
Show last X number of POC levels
- automatically draws these POC lines
- labels are shown as
- Naked POCs are labelled as NPOC
- label position and text size can be adjusted
Profile Range and Value Area background colors
- Option to color background based on periodic open/close price
Option to show Value Area High (VAH) and Value Area Low (VAL) Prices
What is Volume Profile?
Volume profile is a technical analysis tool that shows the volume of trades at different prices for a given security or market over a specific period of time.
How to effectively use it?
Identify key levels of support and resistance: The Periodic Volume Profile indicator can be used to identify key levels of support and resistance based on the volume of trades at different price levels. High volume areas can indicate strong support or resistance levels, while low volume areas can indicate areas of weakness or potential breakouts.
Assess overall supply and demand: The Periodic Volume Profile indicator can help traders assess overall supply and demand for a security. If there is high volume at a particular price level, this can indicate a high level of demand, while low volume can indicate low demand.
Use it in conjunction with other indicators: The Periodic Volume Profile indicator is best used in conjunction with other technical analysis tools. For example, you can use it with moving averages, trend lines, or other indicators to confirm signals or identify potential entry and exit points.
Consider the overall market context: It's important to consider the overall market context when interpreting volume profile data. For example, a high volume area may not necessarily indicate a strong level of support or resistance if the overall market is in a downtrend.
Monitor changes over time: Keep an eye on how the volume profile changes over time. If there are significant changes in the volume of trades at certain price levels, this could indicate a shift in market sentiment or a change in the underlying fundamentals of the security.
Footprint ClassicThe Volume Footprint chart is analyzing volume data contained within candles and split it into two components - Up and Down volume. This analysis is similar to how Volume Profile evaluates volume data from a portion of the chart.
This script can be used by any user. You do not need to have PRO or PREMIUM account to use it.
As a user, you have the flexibility to select the desired level of data precision for the Volume Footprint analysis. We highly recommend using the highest precision possible, as it provides the most accurate results. However, it's important to keep in mind that Trading View has several limitations and not all levels of precision are available on all intervals. The higher the precision, the shorter the history of available data.
If, after adding the script or changing the precision, you encounter an error message stating "'The study references too many candles in history'", it may be necessary to reduce the precision level in the script settings to resolve the issue.
This script is a part of the "Volume Footprint" toolkit, which includes:
I. Footprint chart visualization scripts in two variants:
⠀⠀Volume Footprint - Presenting volume data on both sides of the candle.
⠀⠀Volume Footprint Classic - Presenting volume data on the right side of the candle.
II. Supporting tools:
⠀⠀Volume Footprint Statistics - Script presents, in tabular form, basic statistics calculated from candle volume data, such as Delta, min Delta, max Delta and more. It can support both Volume Footprint and Volume Footprint Classic.
⠀⠀Volume Footprint Candles - Tool drawing candles adapted for footprint chart scripts.
III. Tools dedicated to more detailed analysis:
⠀⠀Volume Delta - A candle chart illustrating changes in delta values.
⠀⠀Volume Cumulative Delta - A candle chart ilustrating changes in cumulative delta values.
⠀⠀Volume Delta In Candle - A line chart showing changes in delta values over a period equal to the chart interval.
⠀⠀Volume Cumulative Delta in Interval - A line chart showing changes in cumulative delta over a period equal to the chart interval.
Script with limited access, contact author to get authorization
User Interface:
The script groups Up and Down volume into slots based on price. The height of the slots is controlled by the "Slot height" parameter in the settings. Each slot has the following configurable features:
Text - A label that displays the value. You can choose from:
⠀- - Hidden
⠀V - Slot Volume (UP + Down)
⠀V% - Slot volume as percentage of Candle volume
⠀UD - Up and Down volume
⠀UDI - Up and Down volume + Imbalance symbols.
⠀Δ - Delta (Up - Down Volume)
⠀Δ% - Delta as percent of slot volume (from -100% to 100%)
Border - Highlight slots with border color. You can chose from:
⠀- - Hidden
⠀C - Constant color
⠀POC - Slot with biggest volume
⠀V - Slot volume compared to other slots in that candle
⠀VA - Value area, highlights slots forming the value area
⠀Δ - Delta is the slot.
Background - Highlight slots with background color. You can pick one of:
⠀- - Hidden
⠀C - Constant color
⠀POC - Slot with biggest volume
⠀V - Slot volume compared to other slots in that candle
⠀VA - Value area, highlights slots forming the value area
⠀Δ - Delta is the slot.
Imbalances symbols:
Before the Down Volume, the following imbalance symbols may appear:
⠀↓ - 3 times
⠀↡ - 5 times
⠀⇊ - 10 times
After the Up Volume the following imbalance symbols may appear:
⠀↑ - 3 time
⠀↟ - 5 times
⠀⇈ - 10 times
Above the candle, the following basic statistics can be shown:
"V:" - Row with volume statistics:
⠀∑ - Total volume ,
⠀Δ - Difference between Up and Down Volume .
⠀min Δ - The smallest difference between Up and Down Volume in that candle
⠀max Δ - the biggest difference between Up and Down Volume in that candle
Script settings:
Slot height = 10^ - Price slot height on the chart, recorded as a power of 10, which means:
⠀ 0 - 1$
⠀ 1 - 10$
⠀ 2 - 100$
⠀ 3 - 1000$
⠀-1 - 0.1$
⠀-2 - 0.01$
⠀-3 - 0.001$
Data precision - One of 6 standard levels of data precision: ▉▇▆▅▃▁, where ▉ means the highest precision and ▁ the lowest available precision and two special values "W" and "M" dedicated for biggest intervals. The highest precision should be available for 15-minute chart, but for a 1D chart, it may hit TradingView limitations and the script will not be launched by the platform with error: "'The study references too many candles in history'". The general recommendation is to use the highest available precision for a given instrument and interval.
Precise warnings - An option to show warnings about missing volume in candle footprint (warning connected with one of TradingView limitations).
Text - Picking what king of info is on label:
⠀- - Hidden
⠀V - Total slot Volume
⠀V% - Slot volume as % of Candle volume
⠀UD - Up and Down volume
⠀UDI - Up and Down volume + Imbalance symbols.
⠀Δ - Delta
⠀Δ% - Delta as percent of slot volume
Centered - If checked volume labels are stick to candle (centered), if not they are alligned to right.
Border, Background:
⠀- - Hidden
⠀C - Color1
⠀POC - Slot with biggest volume
⠀V - Slot volume compared to other slots in that candle
⠀VA - Value area, highlights the slots forming the value area
⠀Δ - Delta is the slot, color1 is used when volume Up is at least 10% bigger, color2 is used when Volume Down is at least 10% bigger
Filter - Filtering option than allow hinding labels with small values:
⠀0 - filter turned off.
⠀1-5 - filtering with transparency
⠀6-10 - Filtering with hiding values
Show zeros - Option to show zeros or leave empty spaces
Draw candles - Option to draw candles that fit the volume labels, and 2 fields to choose the color of up and down candles. It is recommended to hide chart candles and use candles adapted to the footprint chart. TradingView has a bug and candles are drawn under the slots. If you choose a non-transparent background or border, they may be invisible. If possible (free accounts have a limit of 3 scripts), it is recommended to use Volume Footprint Candles script to draw thin candles over the slots.
Show stats - Showing stats over the candle: ∑, Δ, min Δ, max Δ. It's recommended to use 'Volume Footprint Statistics' script instead
Font size - Used to draw stats over the chart: T(iny), S(mall), N(ormal), L(arge)
Instrument and Volume status - A dialog showing basic chart information: Instrument type, Volume type, Smallest change, slot height.
Value area - Value area is the smallest group set of neighboring slots that have at least n(param) % of candle volume.
⠀ Value Area Minimal Volume (%) - Value area size as % of candle volume
⠀ Track - Option to track value areas, potencial support-resistance zones.
⠀ Only active - Option to hide areas that were crossed by the price.
⠀ Show Values - Opiton to show volume value over tracked value areas.
Alerts:
⠀ One alert per Bar - Emits no more than one alert per bar.
⠀ Add value area to tracking - Emits an alert about a new VA beeing added to the tracking list.
⠀ Remove value area from tracking - Emits an alert when a VA is removed from the tracking list.
Troubleshooting:
In case of any problems, please send error details to the author of the script.
Known issues:
"The study references too many candles in history" - If you encounter this issue, try changing "Data precision" setting to a lower value.
[Pt] Periodic Volume ProfileThis script is an attempt to recreate the Periodic Volume Profile that is built-in by TradingView, with slightly different features. Related blog: www.tradingview.com
This script is based on another script "Volume Profile, Pivot Anchored" by @dgtrd
*Note that only limited number Volume Profile can be displayed on the chart due to limitations on displaying boxes and lines.
Description
This Periodic Volume Profile (PVP) indicator allows trades to view volume profiles for periods longer than the current timeframe. The indicator builds one general volume profile for each new period, set by the user through the “Periodic Timeframe” input parameter.
This script also has the option to extend Point of Control (POC) lines with optional end conditions: Until Bar Touch, Until Last Bar, Until Bar Cross, or None, which extends to the right.
Signals are generated for Naked POC touches and crosses by a triangle symbol and a cross symbol, by default.
Alerts are available for POC touches and crosses.
What is Volume Profile?
Volume profile is a technical analysis tool that shows the volume of trades at different prices for a given security or market over a specific period of time.
Volume profile can be used to identify key levels of support and resistance, as well as to assess the overall supply and demand for a security. For example, if there is a high volume of trades at a particular price level, this may indicate that there is a significant level of support or resistance at that price. On the other hand, if there is relatively low volume at a particular price, this may indicate that there is not much interest in trading at that level.
Traders can use volume profile to identify trends, make trading decisions, and set stop-loss and take-profit orders. It can also be useful for identifying patterns such as "pockets of liquidity," which are areas where there is a high volume of trades but relatively little price movement.
It is important to note that volume profile should be used in conjunction with other technical analysis tools and should not be relied upon in isolation. It is also important to consider the overall context and market conditions when interpreting volume profile data.
Key Difference with TradingView's PVP indicator - TradingView's PVP intraday period does not align with standard intraday timeframes as it is determined by # of bars. This script provides volume profiles that aligns with higher timeframe periods.
Enjoy~!
TAS Market Profile Map [TASMarketProfile]TAS Market Profile Map (aka “ TAS Market Map ”) displays volume accumulation at price using our attractive color-coded sideways histogram overlaid onto the price data pane. Hunt for high reward-to-risk opportunities with our favorite “Alligator Jaws” chart pattern setup that reveals significant volume gaps and actionable signals. TAS Market Map can paint up to 5 Maps simultaneously across time windows customized by the user.
TAS Market Map has 4 distinct colored lines:
RED ZONE – Designates an area where there are many market participants willing to transact. This zone of red lines grouped together is known as the “value area” and contains approximately 70% of the volume transacted in that particular section of the price map within the overall Market Map.
YELLOW LINE – Each TAS Market Map will contain at least one yellow horizontal line. This line is called the “Point of Control” (POC) and it represents the price where the most executions have occurred. In the case of multiple yellow POC lines, the one that extends closest to the price axis is considered the “Master Point of Control.”
PURPLE ZONE – Represents an area where there are less people willing to transact and is referred to as being “outside of value.”
BLUE ZONE – Designates areas where there is little interest on the part of commercial or institutional professionals to transact. When these areas occur on the perimeters of the TAS Market Map, they are referred to as “runaway gaps” or “rejection tails.”
∟ THE ALLIGATOR JAWS CHART PATTERN:
A popular chart pattern utilizing TAS Market Map is called the “Alligator Jaws” setup. Due to its unmistakable appearance similar to the side profile of an alligator with its mouth open, this chart pattern seeks to exploit when there are two significant Points of Control (yellow lines) with a large volume gap in between. Enter the trade as the market breaks outside of the value area (red zone) in the direction of the volume gap (inside the open jaws), place a stop loss on the other side of the Point of Control and preferably also across the value area (red zone). Seek to take profits at either 50% of the way through the volume gap or a more optimistic target just ahead of entering the opposing jawline (red zone value area). This trading technique can be applied to both long and short side entries.
Below you will find a couple examples of this chart pattern.
∟ INPUT SETTINGS:
By default, three TAS Market Maps will appear. You can activate the 4th and 5th Market Maps easily by checking the boxes in the Input settings. TAS Market Map updates automatically at the close of each bar after it has calculated all of the volume from the closed bar in addition to the completed OHLC data (Open, High, Low, Close). This happens in a matter of seconds at each bar close. The analysis is not static, but rather a rolling period of analysis at each bar close.
THERE ARE 3 SETTINGS FOR EACH MARKET MAP :
>>> # of Lines – This represents how many horizontal lines you want to comprise the Market Map so it generates a transparency customization. The default is 50 lines. If you increase the number to, for example 100, then the Market Map will appear more prominent and less transparent on the chart. Similarly, a lower input setting would remove lines and make it more transparent.
>>> BarStart – This setting dictates the starting point for that particular Market Map analysis based on the number of bars from the current bar. The default is 50 bars so this means the start of the 1st Market Map begins 50 bars from the present. At the close of each new bar, the analysis rolls to the most recent 50 bars automatically. Therefore a setting of 100 would start the analysis based on the most recent rolling 100 most recent bars.
>>> BarStop – This setting dictates the end point for the analysis of that particular Market Map. By default, the 1st Market Map will have a 0 which means it runs analysis through to the most recent bar.
OTHER NOTES ABOUT SETTINGS:
You’ll notice that by default the input settings for BarStart and BarStop for all 5 of the Market Maps are set to 50 bar increments and don’t overlap. For example the StopBar of Market Map #2 is 51, whereas the StartBar for Market Map #1 begins at 50. It is best practice to have consistency regarding the number of bars from the start and stop of the analysis.
Although not as popular, if you want to flip the orientation of the Market Map to paint from right to left instead of the default left to right, simply change the StartBar to 0 and StopBar to 50 and you’ll achieve this preference.
∟ INTERPRETATION AND RULES:
When the market is inside the red zone “value area” of the Market Map, it tends to move sideways within the range of the zone. Therefore you can look to enter trades near the top and bottom of the red zones with potential exits near the POC (yellow line) or opposing side of the red zone value area.
When price does break and close outside the value area zone, then the value area zone becomes new support or resistance and this can be leveraged for trailing stops. The most aggressive trailing stop would be after the market has penetrated into open space away from the value area, moving the stop to just back inside the value area. This would significantly reduce the trade risk.
The use of multiple Market Maps allows the trader to anticipate upcoming areas of support and resistance when the market moves beyond the scope of the current 1st Market Map. Historical Market Maps provide valuable information regarding where commercial interest existed in the past and likely to revisit in the future.
When multiple Market Maps form and the value areas align or overlap across their respective different time windows, these tend to be significant attraction zones for the market and a trader can expect sideway trading within the red value areas zones. Prudent trading is to observe the market conditions present and you the trader must adapt your trading mode to match, or not trade at all. In other words, you must trade the range during times when the market is in the value area zones and trade breakout when confirmed moves occur outside the value area zones.
In the case of a Market Map that develops “multiple distribution” areas (i.e. multiple developed value areas within Market Map), we anticipate a trending move
with price continuing in the direction the value areas are forming in relation to one another and in relation to the direction multiple Market Maps are forming.
Example of multiple Market Maps forming lower and revealing the bearish market trend:
Trade Well My Friends,
Visible Range Mean Deviation Histogram [LuxAlgo]This script displays a histogram from the mean and standard deviation of the visible price values on the chart. Bin counting is done relative to high/low prices instead of counting the price values within each bin, returning a smoother histogram as a result.
Settings
Bins Per Side: Number of bins computed above and below the price mean
Deviation Multiplier: Standard deviation multiplier
Style
Relative: Determines whether the bins length is relative to the maximum bin count, with a length controlled with the width settings to the left.
Bin Colors: Bin/POC Lines colors
Show POCs: Shows point of controls
Usage
Histograms are generally used to estimate the underlying distribution of a series of observations, their construction is generally done taking into account the overall price range.
The proposed histogram construct N intervals above*below the mean of the visible price, with each interval having a size of: σ × Mult / N , where σ is the standard deviation and N the number of Bins per side and is determined by the user. The standard deviation multipliers are highlighted at the left side of each bin.
A high bin count reflects a higher series of observations laying within that specific interval, this can be useful to highlight ranging price areas.
POCs highlight the most significant bins and can be used as potential support/resistances.
Volume ProfileThis is a Volume Profile based on pine script arrays.
The main idea behind this script is from the user @IldarAkhmetgaleev .
He created an awesome piece of code for free users on tradingview.
Here are some changes to the main script:
0. Used Pine Script Arrays for doing/storing calculations.
1. The bar labels are replaced with lines.
2. Added a POC line.
3. Bar growing directions changed from right to left.
4. Added an option to change bar width.
Inputs:
0. Volume Lookback Depth : Number of bars to look back for volume calculations.
1. Bar Length Multiplier : Bar length multiplier to make bar long or short.
2. Bar Horizontal Offset : Horizontal distance from the current bar in the right direction.
3. Bar Width : Width of the bars.
4. Show POC Line : Show or hide the POC line.
Happy trading.
Orderflow Pack v.1.00 The orderflow indicator allows you to display the fair price (vPOC) of higher timeframes, 8h, 12h, daily, weekly, monthly and year. These levels appear as horizontal lines in the graph and act like a magnet to price. This lines can not be turned off.
8h - thin white line
12h - thin yellow line
Day - thin red line
Week - thick blue line
Month - thick yellow line
Year - thick red line
The POC on each candle is displayed on the 5m, 30m and 240m charts TF only , 1 minute data are used for the calculation. The algorithm used to calculate the Volume fair price ( POC ) is VWAP. Volume delta can be displayed on the 5m and 30m chart TF only , Volume delta is only an approximate value calculated from the volume value per 1m TF and the shape of the candles. However, it can be used as a supplement to our analysis. The value of the delta on the candle that is being formed is not relevant, it is necessary to wait for the candle to end so that the Volume delta has a telling value for us.
Please note that in order to display data from lower time frames (1m) correctly, it is necessary to reload the page in the browser after developing candle close. It is also not possible to use alerts.
The reason for using only selected TFs for POC on a candle and Volume Delta is the necessary calculation power for the script.
send PM or visit website to get access
Hybrid Profile [DW]This is an experimental study inspired by J. Peter Steidlmayer's Market Profile tool with an alternative set of calculations for analyzing price action and distribution over a defined interval.
This tool is geared toward finding price reactive points for better entry and exit positions.
In this script, price range over a user defined interval (up to 4000 bars) is divided into 50 sections, then TPOs are counted for each section to generate the distribution histogram. Histogram lines are calculated in real time, and recalculate on each new bar.
Areas of significance are displayed as purple lines in the histogram, making it incredibly simple to identify levels that price will likely react to. The significance sensitivity can be manually adjusted for desired output.
Rather than using POC, I created a series of proprietary calculations to generate what I call the Point Of Focus (POF). This line is similar to POC, but does not always follow the highest count in the distribution.
The POF is designed to experience less whipsaws than POC, which makes trading using the POF much simpler since its value is more consistent. On historical data, price has shown to either revert to or launch from the POF rather frequently.
Unlike a conventional Market Profile, this profile doesn't have a "value area". Instead it has a Mean Value Zone, which is calculated using a series of custom VWAP calculations. The output is similar to VA, but much smoother.
This script has a built in tick volume substitution for charts with no real volume data, making all elements of the script compatible with any cryptocurrency, stock, currency pair, or index you want to analyze.
A bar color scheme is included within this script which can be used to help determine dominant trend and local extremes of the interval.
This tool is not necessarily better or worse than the classic Market Profile, nor is it a replacement for Volume Profile.
However, this is a powerful alternative that can both simplify and improve your technical analysis.
Dynamic Volume Profile v2 (Up To 60 Channels)Dynamic Volume Profile (DVP) is an advanced charting study that displays trading activity over a specified time period at specified price levels dynamically.
DVP typically based on price and volume information and it combines these factors in a way that displays price, volume and time frame on a single chart dynamically. You can gather a multitude of information with a glance.
The first thing that most traders will use dynamic volume profile for is identifying basic support and resistance levels. It is important to note that using Dynamic Volume Profile as an identifier for support and resistance levels is a reactive method.
Point of Control ( PoC ): It refers to the area in the chart with the most traded volume activity. This is by far the most relevant area you want to monitor as it can help to define the placement of your stops or the areas in the chart where you might find the most pristine entry levels. The highest concentrated area of volume for a particular period of time we will call it PoC or Point of Control and you will be surprised how many times it acts as a wall on a retest. Traders tend to factor this in as an area of support or resistance.
Value Area ( VA ): The range of price levels in which a specified percentage of all volume was traded. By default, the industry standards tends to be 70%.
Value Area High ( VAH ) – The highest price level within the value area.
Value Area Low ( VAL ) – The lowest price level within the value area.
The script creates up to 60 channels according to highest/lowest levels for specified time period and finds the total volume for each channel. Then it calculates Point of Control, Value area and VAH/VAL. the script shows POC channel and Value Area, and you can see VAH/VAL ve all channels optionally.
In this version, number of channels can be changed up to 60 optionally by user
If you find my works useful, please consider a donation
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Dynamic Volume Profile [LTB]Dynamic Volume Profile (DVP) is an advanced charting study that displays trading activity over a specified time period at specified price levels dynamically.
DVP typically based on price and volume information and it combines these factors in a way that displays price, volume and time frame on a single chart dynamically. You can gather a multitude of information with a glance.
The first thing that most traders will use dynamic volume profile for is identifying basic support and resistance levels. It is important to note that using Dynamic Volume Profile as an identifier for support and resistance levels is a reactive method.
Point of Control (PoC): It refers to the area in the chart with the most traded volume activity. This is by far the most relevant area you want to monitor as it can help to define the placement of your stops or the areas in the chart where you might find the most pristine entry levels. The highest concentrated area of volume for a particular period of time we will call it PoC or Point of Control and you will be surprised how many times it acts as a wall on a retest. Traders tend to factor this in as an area of support or resistance.
Value Area (VA): The range of price levels in which a specified percentage of all volume was traded. By default, the industry standards tends to be 70%.
Value Area High (VAH) – The highest price level within the value area.
Value Area Low (VAL) – The lowest price level within the value area.
The script creates 10 channels according to highest/lowest levels for specified time period and finds the total volume for each channel. Then it calculates Point of Control, Value area and VAH/VAL. the script shows POC channel and Value Area, and you can see VAH/VAL ve all channels optionally.
Some useful resources:
www.tradingview.com
medium.com
If you find my works useful, please consider a donation
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Author: LonesomeTheBlue
AMT Structure: 80% Traverse, PD Levels & nPOCsHere is a clean, professional description formatted for the TradingView description box. It highlights the methodology (AMT/80% Rule), the specific features, and the credits.
Title: AMT Structure: 80% Traverse, PD Levels & nPOCs
Description:
This indicator is a comprehensive toolkit designed for futures traders utilizing Auction Market Theory (AMT) and Volume Profile strategies. It consolidates multiple scripts into a single, unified overlay to declutter your chart while providing essential structural references for the 80% Traverse setup, intraday context, and longer-term auction targets.
Key Features:
1. 80% Rule / Traverse Setup (Chart Champions Logic)
Automated RTH Open Detection: Hardcoded to the 08:30 AM CT Open to ensure accuracy for US Futures (ES/NQ) regardless of your chart's timezone settings.
Value Area Logic: Automatically calculates the Previous Day's Value Area High (VAH), Value Area Low (VAL), and Point of Control (POC).
Setup Detection: If the market opens outside of the previous day's value, the script highlights the Value Area in color (default: Purple), signaling that an 80% traverse (filling the value area) is structurally possible if price re-enters value.
Background Fill: Optional shading between VAH and VAL to clearly visualize the "playing field" for the traverse.
2. Auction Market Theory (AMT) Premarket Levels
Overnight High/Low: Automatically captures the highest and lowest prices traded during the overnight session (17:00 - 08:30 CT).
Breakout Alerts: Includes logic to detect and alert when these overnight levels are broken during the RTH session.
Auto-Cleanup: Lines can be set to auto-delete after a specified time (default: 60 mins into the session) to keep the chart clean after the Initial Balance (IB) period.
3. Structural Reference Levels
Previous Day Levels: Plots Previous Day High, Low, and Equilibrium (Midpoint) as standard reference lines.
Initial Balance (IB): Option to display the First Hour High and Low (08:30 - 09:30 CT) to assess day type (Neutral, Trend, Normal Variation, etc.).
RTH VWAP: An anchored VWAP that resets specifically at the RTH Open (08:30 CT), distinct from the standard 24-hour VWAP.
4. Naked Points of Control (nPOCs)
Multi-Timeframe Tracking: Tracks and plots Naked POCs for Daily, Weekly, and Monthly profiles.
Auto-Cleanup: Lines automatically delete themselves the moment price touches them, ensuring you only see untested levels.
Customization: Toggle each timeframe on/off individually.
Settings & Customization:
Global Offset: Move all text labels to the right with a single setting to prevent price action from obscuring text.
8:30 Open Offset: Independent offset for the Open label to distinguish it from other opening references.
Smart Coloring: Text labels automatically match their corresponding line colors for easy identification.
Modular Toggles: Every section (AMT, VWAP, PD Levels, CCV, nPOCs) can be turned on or off individually to suit your specific trading plan.
Usage: This tool is specifically tuned for ES and NQ futures trading but can be adapted for other instruments. It replaces the need for separate indicators for Overnight Highs/Lows, Previous Day Levels, and Volume Profile targeting.
STS FULL OPTIONAL 2.0 (SURGICAL EDIT)STS TITAN 2.0: The End of Manual Analysis
Stop drawing lines. Stop guessing directions. Start executing trades.
Trading shouldn't be about spending hours analyzing charts. It should be about spotting the opportunity and taking it. STS TITAN 2.0 (Surgical Edit) is not just an indicator—it is an institutional-grade algorithm that does the analysis for you.
It doesn't just show you "data"; it projects actionable, high-probability ENTRY ZONES directly onto your chart.
💎 WHY THIS IS DIFFERENT (The Unfair Advantage)
Most indicators clutter your screen. TITAN gives you clarity. It applies a "Triple Confluence Algorithm" (Market Structure + Volume POC + Fibonacci) to filter out noise and leave you with only the highest quality setups.
🔥 KEY FEATURES:
🎯 Zero Analysis Required: The algorithm automatically identifies Supply & Demand zones. You don't have to draw a single box.
🛡️ The "SAFE STRIP" Technology: Inside every zone, TITAN highlights the inner "Safe Strip" (the optimal 25%). This tells you exactly where to place your limit order for maximum precision and zero drawdown.
⚡ Surgical "Auto-Clean": The code is strict. If a candle wick invalidates a zone, TITAN instantly removes it. No confusion, no old levels. Only fresh, tradable zones.
🧠 Automated Confluence: A zone only turns BLUE (Buy) or RED (Sell) when the Asian Strategy, Fibonacci Golden Zone, and Volume Profile align.
This is the closest you will get to having a professional analyst sitting next to you 24/7.
👉 Unlock your edge. Let TITAN find the trade.
(Alternative: Ultra-Short Version)
🚀 STS TITAN 2.0: Automated Institutional Entries
Tired of manual analysis? Let the algorithm do the work. TITAN 2.0 scans Market Structure, Volume POC, and Fibonacci levels to project High-Probability Entry Zones directly on your chart.
✅ Auto Supply & Demand: No drawing needed.
✅ Surgical Precision: "Safe Strip" technology for sniper entries.
✅ Verified Setups: Zones change color only when fully confirmed.
Stop guessing. Let the code find the entry.
CK: Locked Session H/L + Volume Profile (1m Fixed)The session roadmap every futures trader needs — without the clutter.
This tool automatically locks the previous session’s structure and gives you the five most important institutional levels:
✅ Locked Session High
✅ Locked Session Low
✅ Session POC (Point of Control)
✅ VAH – Value Area High
✅ VAL – Value Area Low
Everything is calculated using 1-minute data only, so your levels are accurate, consistent, and never repaint.
💡 What It Does
Tracks the entire session from the RTH close to the next RTH close.
Builds a volume-by-price profile for that session.
Automatically freezes the session’s:
Highest price
Lowest price
Most-traded price (POC)
70% value area (VAH/VAL)
Plots all levels as clean horizontal lines for today’s trading.
🚀 Why Traders Use This
These 5 levels control most algorithmic and institutional activity.
This indicator shows you exactly where price reacted yesterday, so you can:
Catch retests and bounces with confidence
Avoid trading in the middle of nowhere
Anticipate reversals, breakouts, and liquidity grabs
Build a consistent plan around the same fixed levels every day
DAF VP Lite 「DAF Poker Model」🎁 Volume Profile Indicator – Provided for free by DAF Poker Model
DAF VP Lite is a lightweight volume profile indicator that helps you identify key price levels where significant trading activity occurred.
📍 Core Features:
• POC (Point of Control) – The price level with the highest volume
• VAH/VAL (Value Area High/Low) – Boundaries of 70% of total volume
• IB (Initial Balance) – Opening range reference
📊 Multi-Timeframe Support:
Day / Week / Month / Quarter / Half-Year / Year
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎁 由 DAF Poker Model 免费提供的成交量分布指标
DAF VP Lite 是一款轻量级成交量分布指标，帮助你识别主力成交密集的关键价格区域。
📍 核心功能：
• POC（成交量控制点）- 成交量最集中的价格
• VAH/VAL（价值区间）- 覆盖 70% 成交量的上下边界
• IB（初始平衡区间）- 开盘博弈区参考
📊 多周期支持：
天 / 周 / 月 / 季度 / 半年 / 年
Session Volume Profile – Asia, London, NYSession Volume Profile – Asia, London, New York
Product Description
This tool displays intraday volume distribution for the Asian, London, and New York trading sessions.
It provides a visual breakdown of where trading activity concentrated during each session, helping users study volume structure across global market phases.
What the Tool Shows
1. Session Levels
Each session plots three main reference levels:
Point of Control (POC) — the price level with the highest volume traded during that session
Value Area High (VAH) — upper boundary of the primary volume region
Value Area Low (VAL) — lower boundary of the primary volume region
Each session is assigned its own color for easier differentiation.
2. Session Volume Histogram
A horizontal volume histogram displays how activity is distributed within each session.
Longer bars indicate higher relative volume at that price.
3. Session Highlighting (Optional)
Background shading can be enabled to visually identify the current active session.
4. Session Countdown (Optional)
A small text label shows how much time is left in the current session. This is for chart awareness only.
How to Read the Display (Educational Use Only)
POC is often viewed by many traders as a key reference point when studying intraday balance or activity clusters.
VAH / VAL can help users observe where the majority of volume occurred within a session.
Comparing session profiles may help identify how participation shifts from Asia → London → New York.
Observing how price interacts with these historical volume areas can provide context when studying intraday structure.
This panel does not generate trading signals. It is intended for chart analysis, market study, and understanding how volume distributes across global sessions.
Customization Options
Accessible via Settings → Inputs:
Enable/disable any session
Adjust value area percentage
Modify histogram density
Adjust visual opacity
Toggle countdown timer or session shading
These options allow users to tailor the display to different chart styles and timeframes.
Notes
This tool is for educational and informational purposes only.
It does not provide trading or financial advice.
No signals are produced; all outputs are historical/analytical.
Code is published as protected/closed-source to preserve the structure of the underlying calculations.
VPOCS ZScoreAn indicator Showing Candle POC's.
Added a Zscore Filter to filter out the High volume candle's.
I like to use at Key Support and resistance Area's to see Absorbtion and Offside positions only on High volume Candles ( The high volume candle part is Key! ). Thoose candles Generally indicate forced participants opening or closing positions, or "Breakout traders entering" positions. When i see a Hi-Volume at S/R levels and price is rejecting ( trading away from the POC ) ill take that as a trigger for a trade.
- Dynamic Support and resistance.
- Show Offside and and Trapped traders
You can tweak the Zscore nominator for Less of more Frequent hits.
