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)
  

เอกสารเผยแพร่:

Removed unused text size options.

เอกสารเผยแพร่:

Remove unused attribute.

เอกสารเผยแพร่:

Cleanup unused code.

เอกสารเผยแพร่:

Touchup

เอกสารเผยแพร่:

Update chart

เอกสารเผยแพร่:

Make sure the script works on free accounts.

เอกสารเผยแพร่:

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

เอกสารเผยแพร่:

Fix house rules violation

เอกสารเผยแพร่:

Update the chart

เอกสารเผยแพร่:

Bugfix: terminate extension lines even for 24h sessions

เอกสารเผยแพร่:

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

เอกสารเผยแพร่:

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

เอกสารเผยแพร่:

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

E.g.

เอกสารเผยแพร่:

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

เอกสารเผยแพร่:

Add background for fixed range

เอกสารเผยแพร่:

Improve closing price marking in A-Za-z profiles

เอกสารเผยแพร่:

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

เอกสารเผยแพร่:

Use all or nothing for VP

เอกสารเผยแพร่:

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)
  

เอกสารเผยแพร่:

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

เอกสารเผยแพร่:

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).