Session Volume Profile v1.0

14 Jul 2019

This script is a continuous Real Time Session Based (1D) Volume Profile . It emulates TV's built in Volume Profile Session Volume function.

It looks at the real time volume for a given session (1 day) and updates the following three elements for that day in real time:

• Point of Control ( POC )
  
• Value Area High ( VAH )
  
• Value Area Low ( VAL )
  

There are 2 standard parameters:

*Number of Bins/Rows : The granularity of the volume profile, the higher the number the more precise the calculations will be but will load slower, ideal is 16/32.
*Percent for Value Area : Percent of total volume traded that you would like to be shown as a fill around the POC (maximum volume bin/row)

There are also 2 non standard parameters:

* Checkbox for slower loading but more precise Value Area Calculation, checked = enabled, unchecked = disabled
* Checkbox for more volatile symbols, check this if the price action is outside of the white dotted lines, default is disabled, checked = enabled, unchecked = disabled

*POC: White Stepline
*Value Area High: Highest Blue Line marking the top of the fill (Value Area)
*Value Area Low: Lowest White Line marking the bottom of the fill



Please pm me if you are interested in trying this script out; I am also available for hire to work on custom scripts. Ty

28 Jul 2019

Nota Keluaran

Fixed a few typos. Enjoy, please let me know what you think.