PROTECTED SOURCE SCRIPT
Dynamic Rolling Volume Profile [DK]
This indicator transforms the traditional static Volume Profile into dynamic, flowing lines that react to price action in real-time. Designed for Futures day traders and algorithmic analysis, it visualizes the Point of Control (POC) and Value Area (VAH/VAL) as continuous moving averages rather than fixed histograms.
Unlike a Fixed Range Volume Profile, this script utilizes a Rolling Window algorithm. For each bar, it recalculates the volume distribution based on a user-defined lookback period (e.g., the last 100 bars), identifying where the most volume was traded relative to the current price action.
Key Features:
Dynamic POC (Yellow): Represents the price level with the highest traded volume within the rolling window. Acts as a dynamic center of gravity for price.
Dynamic Value Area (Blue/Red): Displays the Value Area High (VAH) and Value Area Low (VAL), representing the specified percentage (default 70%) of total volume.
EMA Smoothing: Applies an Exponential Moving Average smoothing to the raw profile levels to filter out noise and create clean, actionable lines similar to Bollinger Bands or Keltner Channels.
High Performance: Optimized loop calculations to prevent script timeouts while maintaining accuracy.
How to Use (Trading Strategy):
Trend Filter: Use the POC (Yellow line) as a dynamic trend baseline. Price holding above the POC suggests bullish sentiment; below suggests bearish control.
Mean Reversion: In ranging markets, price excursions outside the VAH (Blue) or VAL (Red) often result in a mean reversion rotation back towards the POC.
Volatility Compression: When the VAH and VAL lines contract (squeeze), it indicates a consolidation phase and potential energy buildup for a breakout.
Settings:
Lookback Period: Defines the sliding window size for the volume calculation.
Recommend: 50
Row Size: Adjusts the resolution of the price buckets (higher = more precision).
Value Area %: Standard is 70%, but can be adjusted (e.g., to 68% for 1 Standard Deviation).
Smoothing: Adjusts the EMA length applied to the final lines.
Recommend: 50
Color Legend:
🟡 POC: Yellow
🔵 VAH: Blue
🔴 VAL: Red
Credits: Script developed by David Kahlon – Specializing in Pine Script development for Futures & Algorithmic Trading systems.
Unlike a Fixed Range Volume Profile, this script utilizes a Rolling Window algorithm. For each bar, it recalculates the volume distribution based on a user-defined lookback period (e.g., the last 100 bars), identifying where the most volume was traded relative to the current price action.
Key Features:
Dynamic POC (Yellow): Represents the price level with the highest traded volume within the rolling window. Acts as a dynamic center of gravity for price.
Dynamic Value Area (Blue/Red): Displays the Value Area High (VAH) and Value Area Low (VAL), representing the specified percentage (default 70%) of total volume.
EMA Smoothing: Applies an Exponential Moving Average smoothing to the raw profile levels to filter out noise and create clean, actionable lines similar to Bollinger Bands or Keltner Channels.
High Performance: Optimized loop calculations to prevent script timeouts while maintaining accuracy.
How to Use (Trading Strategy):
Trend Filter: Use the POC (Yellow line) as a dynamic trend baseline. Price holding above the POC suggests bullish sentiment; below suggests bearish control.
Mean Reversion: In ranging markets, price excursions outside the VAH (Blue) or VAL (Red) often result in a mean reversion rotation back towards the POC.
Volatility Compression: When the VAH and VAL lines contract (squeeze), it indicates a consolidation phase and potential energy buildup for a breakout.
Settings:
Lookback Period: Defines the sliding window size for the volume calculation.
Recommend: 50
Row Size: Adjusts the resolution of the price buckets (higher = more precision).
Value Area %: Standard is 70%, but can be adjusted (e.g., to 68% for 1 Standard Deviation).
Smoothing: Adjusts the EMA length applied to the final lines.
Recommend: 50
Color Legend:
🟡 POC: Yellow
🔵 VAH: Blue
🔴 VAL: Red
Credits: Script developed by David Kahlon – Specializing in Pine Script development for Futures & Algorithmic Trading systems.
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보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 이를 자유롭게 제한 없이 사용할 수 있습니다 – 자세한 내용은 여기에서 확인하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.