Market sessions + Volume Profile+ Vwap+ VectorThis advanced TradingView script is designed for traders aiming to analyze market behavior using volume profiles, dynamic VWAPs, and PSVRA-based vectors, allowing the data to be divided into customized sessions. It is ideal for intraday trading strategies or detailed analysis of value areas.
Based on volume profile of @LeviathanCapital
Key Features:
Customized Volume Profiles:
Splits the chart into user-defined sessions (e.g., daily sessions or specific market hours).
Calculates value areas (70% of total volume), Point of Control (POC), and areas of interest.
VWAP Indicators:
Daily VWAP: A dynamic reference point for intraday analysis, providing the volume-weighted average price.
Weekly VWAP: Identifies trends and key levels in a broader context.
PSVRA-Based Vectors:
Highlights the direction of order flow and market activity using the PSVRA (Price, Spread, Volume, Relative Activity) method.
Session Visualization:
Marks the start and end of each session with clear boxes.
Each session has a unique volume profile.
Complete Customization:
Adjust session timings to match different markets or time zones.
Options for colors, line thickness, and highlighted levels.
Key Levels:
Point of Control (POC): Indicates the price level with the highest volume.
Value Area High/Low (VAH/VAL): Defines the price range where most trading occurs.
Dynamic VWAPs (Daily and Weekly): Adds critical references for support and resistance across multiple time frames.
Style and Usability:
Simple configuration via the input panel.
Compatible with various timeframes and assets.
How to Use:
Session Configuration:
Define the timing for each session (e.g., pre-market, open, close).
Adjust time zones to suit your needs.
Volume Profile Analysis:
Observe where the volume is concentrated in each session.
Identify key levels for dynamic support and resistance.
VWAP and PSVRA Analysis:
Use daily and weekly VWAP to find weighted average price references over time.
Analyze PSVRA vectors to locate areas with significant buyer or seller activity.
Compatibility:
Works with any asset and timeframe supported by TradingView.
Ideal for:
Intraday traders.
Operators looking for key levels based on volume profiles, VWAPs, and PSVRA analysis.
Detailed analysis of global market sessions.