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)
  

Notes de version:

Removed unused text size options.

Notes de version:

Remove unused attribute.

Notes de version:

Cleanup unused code.

Notes de version:

Touchup

Notes de version:

Update chart

Notes de version:

Make sure the script works on free accounts.

Notes de version:

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

Notes de version:

Fix house rules violation

Notes de version:

Update the chart

Notes de version:

Bugfix: terminate extension lines even for 24h sessions

Notes de version:

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

Notes de version:

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

Notes de version:

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

E.g.

Notes de version:

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

Notes de version:

Add background for fixed range

Notes de version:

Improve closing price marking in A-Za-z profiles

Notes de version:

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

Notes de version:

Use all or nothing for VP

Notes de version:

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)
  

Notes de version:

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

Notes de version:

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).