RS: Market Profile

28 gen 2023

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)
  

28 gen 2023

Note di rilascio

Removed unused text size options.

28 gen 2023

Note di rilascio

Remove unused attribute.

28 gen 2023

Note di rilascio

Cleanup unused code.

28 gen 2023

Note di rilascio

Touchup

28 gen 2023

Note di rilascio

Update chart

2 feb 2023

Note di rilascio

Make sure the script works on free accounts.

9 feb 2023

Note di rilascio

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

9 feb 2023

Note di rilascio

Fix house rules violation

9 feb 2023

Note di rilascio

Update the chart

10 feb 2023

Note di rilascio

Bugfix: terminate extension lines even for 24h sessions

11 feb 2023

Note di rilascio

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

11 feb 2023

Note di rilascio

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

12 feb 2023

Note di rilascio

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

E.g.

12 feb 2023

Note di rilascio

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

12 feb 2023

Note di rilascio

Add background for fixed range

13 feb 2023

Note di rilascio

Improve closing price marking in A-Za-z profiles

15 feb 2023

Note di rilascio

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

15 feb 2023

Note di rilascio

Use all or nothing for VP

7 mar 2023

Note di rilascio

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)
  

14 mar 2023

Note di rilascio

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

16 ago 2023

Note di rilascio

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).