The "POC and VAH VAL - All and Non-Broken" POC = Points of Control VAH = Value Area High VAL = Value Area Low
This indicator aims to show you on the 5 minute time frame all POCs and VAHs/VALs and Non-Broken POCs and VAHs/VALs. (Non-Broken are POCS and VAHs/VALS where price action has not since crossed its path)
In the screen image above I have used VPVR to back test on BYBIT:BTCUSDT. The POCs and VAHs/VALs for each day can be seen.
Also there is an option to see non-broken POCS and VAHs/VALs within the settings.
All display options are selectable within the settings.
The indicator is not as precise as using the VPVR but is a lot quicker and gives you a quick snapshot to assist with your technical analysis.
In the screen shot above are some examples highlighted with yellow circles (resistance at POC and VAHs/VALs).
Thanks goes to: ahancock for use of his code. Bjorn Mistiaen on StackOverFlow for his assistance.
Disclaimer: Indicator has been coded to only show on 5 min time frame (after back testing seemed most accurate). Only back tested on BYBIT:BTCUST. There are some slight discrepancies. Back tested against VPVR settings: Row Size 500, Value Area 70. Maximum of 500 lines will only be shown.
Notas de Lançamento
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User highlighted that only the unbroken POCs/VAHs/VALs below the current price were showing on the chart.
Script has now been updated to show the unbroken above and below current price.
@lucidlifeproductions please provide further info. Symbol and TF? Indicator is based on volume so if your symbol doesn't provide volume then it will not work.
lucidlifeproductions
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@Frien_dd, Hey thanks for the reply. I tried with btc, tsla, and a few others on multiple Tfs
BilboBugging
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@lucidlifeproductions, @Frien_dd-DisDev Unfortunately same here :(. i tried on usual charts like btcusdt binance and bybit .... Any help or solution?
Thanks :)
yahoo789
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i sent you a private message at discord. just wanted to say thanks. lol. haha.
vishal_000000
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Tnx bro for posting this indicator and helping others. Means a lot to me specifically :). I want to ask is there any way that i can plot this indicator on 2 days only( two day VAH , VAL relationship). Also can u create another indicator which will gives VAH, VAL for next day one night before
Frien_dd-DisDev
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@abhisekvishal, afternoon within the settings you can change the settings from Daily to 2Days. I have two instances of this indicator one as Daily and one as weekly. In reference to your second question I have Dm'ed you.
jmmarcell
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Would love to have something similar to this that would pull weekly, monthly, and quarterly volume profiles and draw the VAHs, VALs, and POCs onto the following week, month, and quarter and be able to view it on a multitude of timeframes.
I feel like this and a similar indicator that sourcey did recently are both so close I can taste it.
Frien_dd-DisDev
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@jmmarcell, have a look at @p2pasta indicators he might have what you are after.