Enhanced Volume Profile Strategy [Lite]

🔍 Enhanced Volume Profile Strategy [Lite]
A smart and nimble trading strategy that blends Volume Profile theory with classic trend and volatility filters — optimized for intraday breakout and pullback setups.

🧠 Key Concepts:
Volume Profile (Lite Simulation): Approximates volume distribution over a fixed period to identify:

VPOC (Volume Point of Control): Price level with the highest traded volume

VAH / VAL (Value Area High / Low): Range containing a customizable % of total volume

Breakout + Pullback Logic: Enters on breakout above VAH or below VAL, after a healthy pullback confirms the move

Trend Filtering: Uses SMA to align trades with the dominant trend

Volume Confirmation: Optional volume spike check to avoid low-liquidity traps

ATR-Based Trailing Stop: Dynamically adapts exit levels based on recent volatility

⚙️ Strategy Inputs:
Volume Profile Period: How many bars to analyze for volume distribution

Value Area %: Range around VPOC containing the majority of volume

ATR & MA Periods: Configure volatility and trend filters

Pullback Bars: Fine-tune confirmation before entry

Volume Confirmation Multiplier: Demand a surge in volume before acting

✅ Entries:
Long: Breaks above VAH, confirms with volume and trend, then pulls back and reclaims breakout level

Short: Breaks below VAL, confirms with volume and trend, then pulls back and breaks again downward

❌ Exits:
ATR-based trailing stop protects gains and adapts to market movement

📈 Plots:
VPOC: Orange

VAH: Red

VAL: Green

This "Lite" version is lightweight and highly customizable — perfect for traders who want to balance volume insights with price action and trend-following logic. Ideal for futures, forex, and crypto on lower timeframes.