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SAPSAN TRADE: Retail Power Profile
SAPSAN TRADE: Retail Power Profile
Description:
The Retail Power Profile [Fixed Range] indicator visualizes retail buying and selling activity over a fixed analysis period. It calculates the cumulative Retail Power (RP) based on volume and price movement, highlighting areas of strong bullish or bearish activity.
Key Features:
Displays Retail Power Profile on the chart with customizable resolution.
Highlights Point of Control (POC) — the price level with the highest retail activity.
Adjustable analysis period for flexible historical data observation.
Color-coded for bullish (green) and bearish (red) retail power.
Optional labels for profile levels to quickly identify significant zones.
Dynamic visualization that updates with each new bar.
Settings:
Show Retail Power Profile: Toggle the profile display on or off.
Analysis Period (bars): Set the number of bars to calculate the profile.
Resolution: Choose the number of price levels in the profile.
Bull/Bear Colors: Customize colors for positive (bullish) and negative (bearish) RP.
Show POC / POC Color: Display the Point of Control and customize its color.
Use Cases:
Identify price levels with strong retail buying or selling pressure.
Detect potential support and resistance zones based on retail activity.
Enhance trading decisions by visualizing retail behavior within a fixed range.
Notes:
This indicator is suitable for intraday and swing trading.
The RP values are calculated based on volume and price direction.
Description:
The Retail Power Profile [Fixed Range] indicator visualizes retail buying and selling activity over a fixed analysis period. It calculates the cumulative Retail Power (RP) based on volume and price movement, highlighting areas of strong bullish or bearish activity.
Key Features:
Displays Retail Power Profile on the chart with customizable resolution.
Highlights Point of Control (POC) — the price level with the highest retail activity.
Adjustable analysis period for flexible historical data observation.
Color-coded for bullish (green) and bearish (red) retail power.
Optional labels for profile levels to quickly identify significant zones.
Dynamic visualization that updates with each new bar.
Settings:
Show Retail Power Profile: Toggle the profile display on or off.
Analysis Period (bars): Set the number of bars to calculate the profile.
Resolution: Choose the number of price levels in the profile.
Bull/Bear Colors: Customize colors for positive (bullish) and negative (bearish) RP.
Show POC / POC Color: Display the Point of Control and customize its color.
Use Cases:
Identify price levels with strong retail buying or selling pressure.
Detect potential support and resistance zones based on retail activity.
Enhance trading decisions by visualizing retail behavior within a fixed range.
Notes:
This indicator is suitable for intraday and swing trading.
The RP values are calculated based on volume and price direction.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.