Volume Range Map [BigBeluga]

11 Apr

This volume-based tool identifies the highest and lowest price extremes within a lookback period and constructs two dynamic range zones. Each zone is filled with horizontal volume profiles that visualize the distribution of traded volume across price bins, helping traders pinpoint key areas of accumulation and distribution.

🔵Key Features:

• Dynamic High/Low Zones:
  ➣ Automatically detects the highest and lowest price levels within a custom lookback window.
  ➣ Draws two shaded zones: one near the high and one near the low, representing potential supply and demand areas.
  
• Volume Profiles per Zone:
  ➣ Each zone is filled with a volume profile histogram divided into bins.
  ➣ The length of each horizontal bar represents the relative volume traded at that price level.
  ➣ Bins collectively account for 100% of the zone’s volume.
  
• POC Highlighting:
  ➣ The price bin with the highest volume is marked as the Point of Control (POC), along with a label showing its share of total volume in percentage.
  
  ➣ A dashed line is drawn at the middle level of the zone.
  
• Customizable Display:
  ➣ Traders can adjust the number of bins, zone width, and toggle midline visibility to match their strategy needs.
  ➣ Colors of upper and lower volume zones are fully customizable.
  

🔵Usage:

• Supply/Demand Analysis: Use upper/lower volume zones to find key reversal or continuation areas where market participants were most active.
  
• Volume Confirmation: Confirm breakout or rejection trades by watching how price reacts to high-volume areas inside each zone.
  
• POC Strategy: Treat POC levels as magnet zones — price tends to revisit them due to high liquidity.
  
• Trade Planning: Use volume-weighted levels instead of raw price action to plan entries, stop-losses, and targets.
  

Volume Range Map [BigBeluga] offers a clean and powerful way to analyze volume distribution at price extremes. By combining precise volume histograms, POC highlights, and adaptive zone drawing, it brings market structure into sharper focus for range and breakout traders alike.

12 Apr

Nota Keluaran

Total volume of the zones: