Continuous Volume Profile v1.0

7 juil. 2019

This script is a continuous real time Volume Profile. Unlike the standard Volume Profile that focuses on fixed/visible range it will update and plot the following on every bar.

• Point of Control (POC)
  
• Value Area High (VAH)
  
• Value Area Low (VAL)
  

You have the standard 3 parameters to configure:

* Period Length
* Number of Bins/Rows
* Percent for Value Area


Please pm me if you would like to try the script.

7 juil. 2019

Notes de version

Updated some logic and removed security repainting issues; should load more reliably and faster now.

Will continue to update and optimize in the future.

Adding a description I forgot to put in my original post:

• POC: White Stepline
  Value Area High: Highest Blue Line marking the top of the fill (Value Area)
  Value Area Low: Lowest White Line marking the bottom of the fill
  

7 juil. 2019

Notes de version

Removed superfluous logic thereby reducing loading times.

10 juil. 2019

Notes de version

Worked more on reducing the logic for the Value area calculation. Initially it had too many iterations due to a nested for loop. I reduced the number of iterations without introducing very much error at all for the value area calculation. Between the first, heaviest loading time version and this one I added around <=4% error to decrease loading times by more than half from my testing.

Keep in mind my value area calculation is already more accurate than most other scripts because I am updating POC and the range of inquiry for every bar/candle.

let me know what you guys think.

11 juil. 2019

Notes de version

• Raised maximum period length to 5000 from 500
  
• Reduced loop time drastically; improved loading times for me by about 5x from previous iteration
  
• Added an 80 bin/rows option