This script is a continuous real time Volume Profile. Unlike the standard Volume Profile that focuses on fixed/visible range it will update and plot the following on every bar.
Point of Control (POC)
Value Area High (VAH)
Value Area Low (VAL)
You have the standard 3 parameters to configure:
* Period Length * Number of Bins/Rows * Percent for Value Area
Please pm me if you would like to try the script.
Notas de Lançamento
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Updated some logic and removed security repainting issues; should load more reliably and faster now.
Will continue to update and optimize in the future.
Adding a description I forgot to put in my original post:
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
Worked more on reducing the logic for the Value area calculation. Initially it had too many iterations due to a nested for loop. I reduced the number of iterations without introducing very much error at all for the value area calculation. Between the first, heaviest loading time version and this one I added around <=4% error to decrease loading times by more than half from my testing.
Keep in mind my value area calculation is already more accurate than most other scripts because I am updating POC and the range of inquiry for every bar/candle.
let me know what you guys think.
Notas de Lançamento
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Raised maximum period length to 5000 from 500
Reduced loop time drastically; improved loading times for me by about 5x from previous iteration
can you give me trail access to try this plz