OPEN-SOURCE SCRIPT

VP and POC

Aggiornato
This code is credited to juliangonzaconde. Have taken his help to modify his beautiful creation.

Volume profile is a key study when comes to understanding the auction trading process. Volume Profiles will show you exactly how much volume, as well as relative volume, occurred at each price as well as the exact number of contracts for the entire session. It is a visualization tool to understand the high activity zone and low activity zone.

Volume profile measures the confidence of the traders in the market. From short term trading perspective monitoring the developing volume profile in realtime make more sense to track current market participation behavior to take better trading decisions.

Hope this helps you in trading on daily timeframe.

Happy Trading.
Note di rilascio
There was an error about POC line. That has been resolved
Note di rilascio
On request of many people. Have added running POC with adjustable bars back period.
Note di rilascio
In few of the securities the width of VP was very small. So added a new parameter to increase the width of bars of Volume profile.
Trend Analysis

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?

Declinazione di responsabilità