SAPSAN TRADE: Retail Power Profile [PRO+]

SAPSAN TRADE: Retail Power Profile [PRO+]

The SAPSAN TRADE: Retail Power Profile [PRO+] indicator visualizes the buying and selling pressure within a specified range of bars. It calculates the signed volume (positive for bullish bars, negative for bearish bars) and distributes it across price levels to create a volume profile, helping traders identify key support and resistance zones.

Key Features:
Displays a Retail Power Profile for a fixed bar range.
Highlights the Point of Control (POC) — the price level with the highest net volume.
Differentiates bullish and bearish volume with customizable colors.
Adjustable number of price levels for detailed analysis.
Dynamically updates as new bars form while clearing old lines and labels for clarity.

Inputs:
Show Retail Power Profile: Toggle the profile visibility.
RP ▲ / RP ▼ Colors: Customize colors for bullish and bearish volume levels.
Number of Levels: Define how many price levels to divide the range into.
Show POC: Toggle the Point of Control display.
POC Color: Customize the POC line color.
Range Start / End (offset, bars back): Select the bar range for analysis.

Usage:
This indicator is ideal for retail traders looking to visualize buying and selling pressure, locate high-activity price zones, and better understand market dynamics over a chosen bar range.