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)
  

릴리즈 노트:

Removed unused text size options.

릴리즈 노트:

Remove unused attribute.

릴리즈 노트:

Cleanup unused code.

릴리즈 노트:

Touchup

릴리즈 노트:

Update chart

릴리즈 노트:

Make sure the script works on free accounts.

릴리즈 노트:

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

릴리즈 노트:

Fix house rules violation

릴리즈 노트:

Update the chart

릴리즈 노트:

Bugfix: terminate extension lines even for 24h sessions

릴리즈 노트:

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

릴리즈 노트:

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

릴리즈 노트:

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

E.g.

릴리즈 노트:

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

릴리즈 노트:

Add background for fixed range

릴리즈 노트:

Improve closing price marking in A-Za-z profiles

릴리즈 노트:

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

릴리즈 노트:

Use all or nothing for VP

릴리즈 노트:

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)
  

릴리즈 노트:

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

릴리즈 노트:

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).