Session Dominance Profile [Pointalgo]Session Dominance Profile is a visual volume-distribution tool that shows which global trading session (Asia, London, or New York) dominates price activity across different price levels within a defined historical range.
The indicator builds a horizontal volume profile using candle close prices and volume, then classifies each price level by the session that contributed the highest volume.
How It Works :
The script analyzes a configurable lookback period
Price range is divided into multiple horizontal bins
Volume is accumulated per price level
Each bin is split into three session buckets:
Asia Session (Yellow)
London Session (Blue)
New York Session (Red)
The session with the highest volume at that price level determines the color
This results in a Session-based Dominance Profile, helping traders visually identify:
Where major sessions were most active
Session-specific acceptance or rejection zones
Potential intraday and swing reaction areas
Practical Use Cases :
Identify price levels dominated by a specific session
Understand session rotation and participation
Combine with:
Market structure
Support & resistance
VWAP or moving averages
Useful for intraday, scalping, and swing trading
Inputs Explained:
Lookback – Number of historical bars used to build the profile
Resolution – Number of price bins (higher = more detail)
Fixed Width (Bars) – Maximum horizontal width of the profile
Offset (Bars) – Distance of the profile from the current bar
Profile Direction – Left-to-Right or Right-to-Left rendering
Session Time Reference:
All sessions are calculated using UTC time.
Important Notes:
This indicator is visual and analytical only
It does not generate buy or sell signals
No repainting: the profile is calculated on the last bar only
Designed for educational and research purposes
Disclaimer:
This script does not provide financial advice.
Trading involves risk, and past volume behavior does not guarantee future results.
Always confirm signals using additional analysis and proper risk management.
Indicador Pine Script®






















