Bitcoin Aggregated Volume Profile «NoaTrader»If you use volume profile for analyzing Bitcoin, you may know that sometimes the decisions of big CEXs like Binance can change the volume of each symbol and so the analysis perceived from the data (which may not be valid anymore); Like when Binance decided to transfer the free transaction fee promotion from BTCUSDT to BTCTUSD pair or the new introduced BTCFDUSD pair with volume market share as much as BTCTUSD after only 1 month (according to the coinmarketcap's data).
This indicator tries to solve that problem for using volume profile. So, it collects all the volumes of different pairs from different exchanges and then uses all of them to calculate the volume profile.
Also, there is an option to compare the current symbols volume to the whole volume profile which is a Boolean option in the settings (the picture above)
The aggregated volume data includes:
BINANCE:BTCUSDT
BINANCE:BTCTUSD
BINANCE:BTCBUSD
BINANCE:BTCFDUSD
BINANCE:BTCDAI
BINANCE:BTCEUR
BITSTAMP:BTCUSDT
BITSTAMP:BTCUSD
COINBASE:BTCUSDT
COINBASE:BTCUSD
COINBASE:BTCEUR
HUOBI:BTCUSDT
KUCOIN:BTCUSDT
KRAKEN:XBTUSD
KRAKEN:XBTEUR
BITFINEX:BTCUSD
BYBIT:BTCUSDT
KRAKEN:BTCUSD
OKX:BTCUSDT
Pesquisar nos scripts por "volume profile"
Resistances and supports based on simplified Volume ProfileThis study tries to highlight support and resistances
as they are defined by
TradingLatino TradingView user
His definition is based on volume peaks
on the official TradingView Volume Profile
indicator that seem rather big on size.
As a bonus it also serves as a rather simple volume profile indicator.
As you can see it only show last blocks volume profile.
It's aimed at BTCUSDT pair and 4h timeframe.
HOW IT WORKS
HOW IT WORKS - Recent Profile Block
It gathers volume from the last 100 Bars
in order to draw the recent profile block
Volume that intersects with current level range
being studied is added to its value.
Additionally the current level price is modified
so that it matches the level price where most
of the volume has concentrated
So you get a pretty accurate way of the volume
while at the same time the level are not stuck
to arbitrary level prices.
HOW IT WORKS - Resistances and Supports
It calculates the level which its price it's
nearer (from below) to the current price level
Resistance is found steping up (from current prive level)
level by level
till you find a level which its value
is higher than the previous level value.
Support is found steping down (from current prive level)
level by level
till you find a level which its value
is higher than the previous level value.
That way you ignore rather small
resistances and support values.
Finally the resistances and supports are drawn next to the recent profile block
so that you can look at them with ease.
If you hover over the label you can double check if you are looking at
current price, resistance or support levels.
SETTINGS
Bars in recent profile block : How many previous period volumes are used to calculate the recent profile block
Row width multiplier : Adjust how big the recent profile block seems to be
Resistances prices number of decimal digits : How many digits is shown at the resistance and support level prices.
WARNING
Please be aware that depending on your security and timeframe you might need to modify the
'Bars in recent profile block' setting so that the study does not timeout.
USAGE
If your strategy calculates take profit
limits on higher resistances based
on volume you could use this indicator
resistance detector
FEEDBACK 1
This is my first volume indicator.
I suppose that each trader
has his own approach on defining
resistances and supports.
I'm interested on knowing if the default way
this resistances and supports are calculated
matches what other traders would have
highlighted manually on the chart.
FEEDBACK 2
I have only used this identifier in BTCUSDT 4h timeframe.
I'm interested to know what needs to be tweaked
in other securities and timeframes.
PINE STUDY TRICK
This study let's you choose the number of decimals the label will use.
CREDITS
I have reused and adapted some code from
'Poor man's volume profile' study
which it's from TradingView IldarAkhmetgaleev user.
I also wanted to thank him for helping me understanding his study.
Price & Volume Profile (Expo)█ Overview
The Price & Volume Profile provides a holistic perspective on market dynamics by simultaneously tracking price action and trading volume across a range of price levels. So it is not only a volume-based indicator but also a price-based one. In addition to illustrating volume distribution, it quantifies how frequently the price has fallen within a particular range, thus offering a holistic perspective on market dynamics.
This unique and comprehensive approach to market analysis by considering both price action and trading volume, two crucial dimensions of market activity. Its distinctive methodology offers several advantages:
Holistic Market View: By simultaneously tracking the frequency of specific price ranges (Price Profile) and the volume traded at those ranges (Volume Profile), this indicator provides a more complete picture of market behavior. It shows not only where the market is trading but also how much it's trading, reflecting both price acceptance levels and market participation intensity.
Point of Control (POC): The POC, as highlighted by this indicator, serves as a significant reference point for traders. It identifies the price level with the highest trading activity, thus indicating a strong consensus among market participants about the asset's fair value. Observing how price interacts with the POC can offer valuable insights into market sentiment and potential trend reversals.
Support and Resistance Levels: Price levels with high trading activity often act as support or resistance in future price movements. The indicator visually represents these levels, enabling traders to anticipate potential price reactions.
Price Profile
Price and Volume Profile
█ Calculations
The algorithm analyzes both trade frequency and volume across different price levels. It identifies these levels within the visible chart range, then examines each bar to determine if the selected price falls within these levels. If so, it increases a counter and adds the trading volume. This process repeats across the visible range and is visualized as a horizontal histogram, each bar representing a price level and the bar length reflecting trade frequency and volume. Additionally, it calculates the Point of Control (POC), signifying the price level with the highest activity.
In summary: The histogram presents a dual perspective - not only the traded volume at each price level but also the frequency of the price hitting each range. The longer the bar, the more times the price has frequented that specific range, revealing key insights into price behavior and acceptance levels. These frequently visited areas often emerge as strong support or resistance zones, helping traders navigate market movements.
Please note that the indicator adjusts to the visible price range, making it adaptable to changing market conditions. This dynamic analysis can provide more relevant and timely information than static indicators.
█ How to use
This indicator is beneficial for traders as it offers insights into the distribution of trading activity across different price levels. It helps identify key areas of support and resistance and gives a visual representation of market sentiment and liquidity.
The point of control (POC) , which is the price level with the highest traded volume or frequency count, becomes even more crucial in this context. It marks the price at which the most trading activity occurred, signaling a strong consensus among market participants about the asset's fair value. If the market price deviates significantly from the POC, it could suggest an overbought or oversold condition, potentially leading to a price reversion.
Fair Price Areas/gaps are specific price levels or zones where an asset has spent limited time in the past. These areas are considered interesting or significant because they may have an impact on future price action.
Similar to the concept of fair value gaps, which refers to discrepancies between an asset's market price and its estimated intrinsic value, Fair Price Areas/gaps focus on price levels that have been relatively underutilized in terms of trading activity. When an asset's price reaches a Fair Price Area/gap, traders and investors pay attention because they expect the price to react in some way. The rationale behind this concept is that price tends to gravitate towards areas where it has spent less time in the past, as the market perceives them as significant levels.
█ Settings
The indicator is customizable, allowing users to define the number of price levels (rows), the offset, the data source, and whether to display volume or frequency count. It also adjusts dynamically to the visible price range on the chart, ensuring that the analysis remains relevant and timely with changing market conditions.
Source: The price to use for the calculation. Typically, this is the closing price. By considering the user-selected Source (typically the closing price), the indicator determines the frequency with which the price lands within each designated price level (row) over the selected period. In essence, the indicator provides a count of bars where the Source price falls within each range, essentially creating a "Price Profile."
Row Size: The number of price levels (rows) to divide the visible price range into.
Display: Choose whether to display the number of bars ("Counter") or the total volume ("Volume") for each price level.
Offset: The distance of the histogram from the price chart.
Point of Control (POC): If enabled, the indicator will highlight the price level with the most activity.
-----------------
Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Silen's Pseudo VPVR / Pseudo Volume Profile Custom RangeDisclamer: This indicator does not use actual Volume data and doesn't display any Volume data. It creates a pseudo Volume Profile by counting the high-low-2 values of candles and simulates something that is similar to a Volume Profile without using any Volume data.
Core facts:
Creates a pseudo Volume Profile by counting values of candles and sorting them into a Profile.
Works for charts that don't provide any Volume Information.
Can display up to 5 different Value Levels.
Value level colors are (from largest to smallest level): Red, Orange, Yellow, Green, Blue.
The Value levels can be used as Support and Resistance indicators.
The Custom Range of the Volume Profile can be adjusted from 10 to 1500 bars.
Much faster than the other custom pseudo VPVRs out there.
Shortcomings:
As the chart progresses with bars the line positions will distort to the left side. Refreshing the tradingview page or switching to another time interval fixes this. I might fix this issue in the future.
Does not use actual Volume nor display actual Volume.
Note: For those who wondered what happened to my first version of this indicator: It got taken down by Tradingview because it was misleading as to using the words "Volume Profile" and "Visible Range". I fully support their decision and I hope I could clear any misunderstandings! Give their team a heads up for the hard work they're doing in keeping this place clean and well organized!
Enjoy! :)
Uniform Volume ProfileUniform Volume Profile
The volume of a single candlestick is uniformly distributed by its range (high - low) along all the colliding volume profile bars.
For example, if a 10% of a candlestick intersects some volume bar (horizontal line) only the 10% of that candlestick volume will contribute to that profile.
Advanced Volume ProfileTHIS SCRIPT CURRENTLY ONLY WORKS FOR ASSETS THAT TRADE 24/7 OR CBOE FUTURES HOURS!
This script plots volume relative to an asset's historical volume profile.
Usage:
As a companion to my "Unusual Time Frame Volume" (UTF Volume) script, this plots volume against the same historical volume profile used for UTF Volume.
The same high volume (relative to historical) threshold alert is available (yellow bar).
Likewise, if the volume exceeds the historical threshold, but is below the alert threshold, the bar color is orange.
At the top of the chart is an indicator which is green if a bar has higher volume than the previous bar.
You can also set a threshold for this such that if the volume of a bar exceeds the previous bar by a certain multiplier which will turn the indicator yellow.
For example, if the threshold is set to "1.5", then the indicator will be yellow (instead of green) on an increase in volume over the previous bar of 1.5x.
NOTES:
Again, this script currently only works for assets that trade 24/7 or CBOE Futures hours!
Make sure you set the "Asset Mode" and "Time Frame (minutes)" to values that match your asset and chart setting.
For example, if you are trading Futures on a 2m chart, set the Asset Mode to Futures and Time Frame to 2m.
If you are trading crypto on a 5m chart, set the Asset Mode to 24/7 and Time Frame to 5m.
If the settings are not set appropriately, the output will be incorrect/invalid.
If you choose a "Look-back (Days)" setting that is too far back given the time frame, the script will produce an error.
I suggest playing with settings from "1" (compares volume to the previous day's volume) to the highest number that doesn't break the script.
For example, at a 2m time frame, the maximum look-back will be "6" or "7" depending on which mode you are using.
Longer chart time settings allow larger look-back values.
I find that the default value ("6") does a decent job in general.
Please feel free to reuse or further develop this script.
I would greatly appreciate it if you would send me a message below if you find it useful.
Fixed volume profile & zonesHi all!
If you like volume profile and like to create zones, where the price might react, this indicator might be for you. It plots a fixed volume profile and creates a user defined number of zones (shelves) of high volume.
If you want to know more about volume profile you can about it here on TradingView: se.tradingview.com
To do
• Add possiblity to create alerts for zone entries, breakouts and retest
• The importance of zones are now based on high volume slots only. It might be changed to include the slots around the 'master slot' to determine if the area is of high importance or not, your suggestions here are welcome!
• Show total volume in 'values'
• Error if the data cannot be fetched
• Add value area
• Make earlier (more important shelves) more visible (less transparent)
• Add possiblity to skip zones
Known issues
• Script execution is long when the volume profile is created (should be none)
• In some cases you can get overlapping shelves, avoid this
Settings
• Main
• Start/end bar of the volume profile (this is required)
• Data
• Timeframe (for getting the volume data)
• Levels (the number of slots in the volume profile)
• Shelves (the number of zones with high volume to plot) and it's color
• Max slot (have this enabled if you want the shelf's highest volume slot to have a dotted line and choose it's color
• Show info (show the order of the plotted zone)
• Style (how the volume profile will look)
• Histogram box (the color of the background of the volume profile)
• Up (the color of bullish volume)
• Down (the color of bearish volume)
• Point of control (color and if it should be extended or not)
• Values and text color (show bullish and bearish volume values)
The defaults on all settings are based on the daily timeframe. This indicator is not 'complete' and I plan to work on it when I get the time.
Note that the precision for the volume profile is per candle, so some levels can have visuals as others but lower volume.
The slot (level) volume has to have a lower difference to the volume included in the shelf than the next volume to be checked to be included. If the level being checked for inclusion in a shelf is at the end of boundaries (high and low) of the volume profile, the volume has to be higher than the golden ratio of the volume before.
You can also use this indicator if you just want a volume profile to show, just set the the number of zones to plot (in 'Shelves') to 0.
I hope I haven't forgotten anything and that it's clear, let me know otherwise.
Best of trading luck!
Volume Analysis - Heatmap and Volume ProfileHello All!
I have a new toy for you! Volume Analysis - Heatmap and Volume Profile . Honestly I started to work to develop Volume Heatmap then I decided to improve it and add more features such Volume profile, volume, difference in Buy/Sell volumes etc. I tried to put my abilities into this script and tried to use some new Pine Language™ features ( method, force_overlay, enum etc features ). I hope the usage of these new features would be an example for Pine Programmers.
Lets talk about how it works:
- It gets number of Rows/Columns from the user for each candle to create heatmap
- It calculates the number of the candles to analyze. Number of the candles may change by number of Rows/columns or if any volume / difference in volumes / volume profile is enabled
- It gets Closing/Opening price, Volume and Time info from lower time frame for each candle ( it can be up to 100K for each candle )
- After getting the data it calculates lower time frame to analyze
- Then it calculates how closing price moves, how much volume on each move and create boxes by the volume/move in each box
- The colors for each box calculated by volume info and closing price movements in the lower time frame
- It shows the boxes on Absolute places or Zero Line optionally
- it shows Volume, Cumulative volume, Difference between Buy/Sell volume for each column
- it changes empty box color by Chart background color, also you can change transparency
- At this time it creates Volume Profile with up to 25 rows
- As a new Pine Language™ feature, it can show Volume Profile in the indicator window or in Main chart, shows Value Area, Value Area High (VAH), Value Area Low (VAL), and draw it and POC (Point Of Control) in the indicator window and/or in the main chart
- Honestly the feature I like is that: For the markets that are not open 24/7, it combines the data from the lower time period without any gaps. For example, if you work for a market that is closed on Saturdays and Sundays, it ensures data integrity by omitting weekends and holidays. so for example if the data is like "ABC---DEF-X---YL-Z" then it makes this data like "ABCDEFXYLZ". In this way, there will be no data breaks in the displayed boxes, there will be no empty colons, and it will appear as if data is coming in at any time.
- Finally it shows Info Panel to give info, its background color automatically changes by the Chart background color
- Important! You should set your "Plan" accordingly, your plan is "Premium or Higher" or "Lower tier". so the script can understand the minimum time frame it can get data!!
I tried to share many screenshots below to explain it much better
How it looks?
it shows Highest Buy/Sell volumes brighter, move volume -> brighter
Volume Profile ( up to 25 row s) ( number of contained candles should be more than 1 )
Volume Profile can be shown in the main chart optionally
How the main chart looks:
Closing price shown and you can enable it, change colors & line width
Can include many candles according to Row&Column number you set
Optionally it can show cumulative volume for each candle
Closing prices from lower time frame
Shows Candle Body by changing background colors
It can shows all included candles on Zero line
You can change the colors of many things
You can set Empty box and border transparency
Table, Empty box Colors adjustment done automatically by chart background color
Sometimes we can not get data from some historical candles if time frame is high such 2days, 1 week etc, and it looks like:
It also checks if Chart time frame and Chart type is suitable
Enjoy!
EM Visible Range Volume Profile█ OVERVIEW
ᴇᴍ VRVP (Visible Range Volume Profile) indicator calculates the volume profile within the visible range of prices.
Volume Profile is an advanced technical analysis indicator that shows trading activity over a specified period of time at certain price levels.
The indicator plots a histogram on the chart that reflects dominant or significant price levels based that are based on volume.
VP concept
VP Components
Open, High, Low, Close:
There are different types of volume profile indicators but the majority of them will designate the OHLC.
Point of Control:
A price level with the most traded volume during one session, also known as POC.
High Volume Node (HVN):
Area of high volume relative to surrounding price action.
Low Volume Node (LVN):
Area of low volume relative to surrounding price action.
Analysis of price in relation to high and low volume nodes is useful when building context around your trades.
█ VOLUME PROFILE STRATEGIES
The distribution of a volume profile can help you determine the strength of a trend and spot potential reversal zones. Let’s take a look at the five different distribution types.
Neutral D
In order for price to break away from value, either the buyers or the sellers will have to become more aggressive than the other side. When this occurs, it gives us with a vital piece of information.
Now we know who were the agressors at this price level: either the buyers or the sellers. That's why this is a good level for a trading setup if the price bounces back.
Bearish P and Bullish P
Bearish P — reversal. Bullish P — confirmation.
Bearish Ь and Bullish Ь
Bearish Ь — confirmation. Bullish Ь — reversal.
Examples
█ INPUTS
Width — amplitude of the VP histogram.
Grid — the number of columns of the VP histogram.
Delta of volumes — combinatorial determination of the ratios of sellers and buyers.
In quoted units — conversion in units of quoted currency.
Logarithmic scale — recalculation the grid step to the logarithmic scale of the chart.
HTF — (Higher Timeframe) calculation of VP for the period of the selected timeframe. ISO: Isolated computation in HTF period.
Palette: Total volume, Volume of buyers, Volume of sellers, HTF bars.
Warnings: colour of the «⚠» icon, language of information in the Tooltip.
Addition: ᴇᴍ CHN-RMA — a grid of moving averages with periods of centered hexagonal numbers.
█ ОБЩИЕ СВЕДЕНИЯ
ᴇᴍ VRVP (Visible Range Volume Profile) рассчитывает профиль объёма в видимом диапазоне цен.
Профиль объёма — это продвинутый индикатор технического анализа, который показывает торговую активность за условленный период времени на определённых ценовых уровнях.
Индикатор строит на графике гистограмму, отражающую доминирующие или значимые ценовые уровни, основанные на объёме.
█ НАСТРОЙКИ
Ширина — амплитуда гистограммы VP.
Сетка — количество колонок гистограммы VP.
Дельта объёмов — комбинаторное определение соотношений продаж и покупок.
В котируемых единицах — пересчёт в единицах котируемой валюты.
Логарифмическая шкала — пересчёт шага сетки на логарифмическую шкалу графика.
HTF — (Higher Timeframe) расчёт VP за период выбранного таймфрейма. ISO: Изолированное вычисление в HTF-периоде.
Палитра: Суммарный объём, Объём покупок, Объём продаж, Бары HTF.
Предупреждения: цвет значка «⚠», язык информации в Tooltip.
Дополнение: ᴇᴍ CHN-RMA — сетка скользящих средних с периодами центрированных гексагональных чисел.
Linear Regression Volume ProfileLinear Regression Volume Profile plots the volume profile fixated on the linear regression of the lookback period rather than statically across y = 0. This helps identify potential support and resistance inside of the price channel.
Settings
Linear Regression
Linear Regression Source: the price source in which to sample when calculating the linear regression
Length: the number of bars to sample when calculating the linear regression
Deviation: the number of standard deviations away from the linear regression line to draw the upper and lower bounds
Linear Regression
Rows: the number of rows to divide the linear regression channel into when calculating the volume profile
Show Point of Control: toggle whether or not to plot the level with highest amount of volume
Usage
Similar to the traditional Linear Regression and Volume Profile this indicator is mainly to determine levels of support and resistance. One may interpret a level with high volume (i.e. point of control) to be a potential reversal point.
Details
This indicator first calculates the linear regression of the specified lookback period and, subsequently, the upper and lower bound of the linear regression channel. It then divides this channel by the specified number of rows and sums the volume that occurs in each row. The volume profile is scaled to the min and max volume.
[potatoshop] Volume Profile lower timeframeThis script is a volume profile that displays the volume of transactions in price blocks over a recent period of time.
For a more detailed representation, OHCLV values on the time frame lower than the time zone on the chart were called and expressed.
Low time frames are adjustable.
You can adjust the number of blocks and the most recent time period that you want to view.
Although it cannot be compared to the volume indicators provided for paid users of Trading-View, it has functioned by displaying transactions that are difficult to find on open source.
Displays the amount traded in each block and the percentage of the total over a given period.
POC represents the middle value of the block with the highest transaction volume as a line.
TPOC represents the block that stayed the longest regardless of the volume of transaction.
The reversal line appears when you determine the trading advantage of the rising and falling closing on a block basis and then have a different value from the neighboring blocks.
(I didn't mean it much, but I just put it in for fun.)
It represents the total volume of transactions traded in each block, and there are also check boxes in the settings window that represent the volume of transactions that closed higher and closed lower.
You can specify the color of each block.
The highest and lowest values for the set period and the total sum of each block are displayed at the bottom of the box.
Because it was made using a lot of arrays, the total transaction volume was marked separately to check the value.
When expressing the price block according to the trading volume percentage, it was a pity that the minimum pixel was 1 bar, so it could not be expressed delicately.
Although set to bar_time in Box properties xloc, 1 bar was actually the minimum unit of the X-axis value.
The logic used to place the transaction volume for each block is as follows.
1. Divide the difference between the high and low values of 1 LTF bar by the transaction volume .
2. Find the percentage of this LTF bar within each block.
3. Multiply the ratio by the transaction volume again.
4. Store the value in each block cell.
Below are the codes of the people I referred to this time.
1. ‘Time & volume point of control (TPOC & VPOC)’ by quantifytools
2. ‘Volume Profile ’ by LuxAlgo
3. ‘Volume Profile and Volume Indicator by DGT’ by dgtrd
The script is for informational and educational purposes only.
이 스크립트는 최근 일정 기간동안의 거래량을 가격 블록단위로 표시해 주는 볼륨 프로화일입니다.
좀 더 자세한 표현을 위해 차트상의 시간대보다 낮은 시간 프레임상의 OHCLV 값들을 호출하여 표현하였습니다.
낮은 시간 프레임은 조절 가능합니다..
보고 싶은 최근 일정 기간과 블럭 갯수를 조절할 수 있습니다.
트뷰 유료 사용자들을 위해 제공하는 지표와는 비교할 수는 없지만, 오픈 소스상에서는 찾기 힘든 거래량을 표시해 기능을 넣었습니다.
각 블럭에서 거래되었던 양 과 주어진 기간 동안의 총량 대비 퍼센트를 표시해 줍니다.
POC는 거래량이 가장 많았던 블럭의 중간값을 라인으로 표현해 줍니다.
TPOC는 거래량에 상관없이 가장 오랜 시간 머물렸던 블럭을 표현해 줍니다.
반전선은 블럭 단위로 상승 마감과 하락 마감의 거래량 우세를 결정한 뒤, 이웃 블럭들하고 다른 값을 가질 때 나타납니다.
(어떤 뜻을 갖고 만든 건 아니고 그냥 재미로 넣어 보았습니다.)
각 블럭에서 거래되었던 총거래량을 표현해 주며, 또한 설정창에서 상승 마감한 거래량과 하락 마감한 거래량을 표현하는 체크 박스가 있습니다.
각 블럭의 색깔을 지정하실 수 있습니다.
설정된 기간 동안의 최고값과 최저값, 각 블럭을 합친 총량을 박스 하단에 표시해 두었습니다.
어레이를 많이 사용하여 만들었기 때문에 값의 확인을 위해 전체 거래량을 따로 표시하였습니다.
가격 블럭을 거래량 퍼센트에 따라 표현할 때, 최소 픽셀이 1bar 이어서 섬세하게 표현 할 수 없어 안타까웠습니다.
박스 속성을 xloc.bar_time 로 설정하였지만 실제로는 1 bar가 X축 값의 최소 단위였습니다.
각 블록 별로 거래량을 배치 할 때 쓰인 로직은 다음과 같습니다.
1. 1 LTF bar의 하이 와 로우 값의 차이를 거래량으로 나누어 줍니다.
2. 각 블록 안에서 이 LTF bar가 차지 하는 비율을 구합니다.
3. 그 비율에 다시 거래량을 곱해 줍니다.
4. 그 값을 각 블록 셀에 저장해 줍니다.
밑에 제가 이번에 참고한 분들의 코드들입니다.
1. ‘Time & volume point of control (TPOC & VPOC)’ by quantifytools
2. ‘Volume Profile ’ by LuxAlgo
3. ‘Volume Profile and Volume Indicator by DGT’ by dgtrd
Aggregated Volume Profile Spot & Futures ⚉ ＯＶＥＲＶＩＥＷ ⚉
Aggregate Volume Profile - Shows the Volume Profile from 9 exchanges. Works on almost all CRYPTO Tickers!
You can enter your own desired exchanges, on/off any others, as well as select the sources of SPOT, FUTURES and others.
The script also includes several input parameters that allow the user to control which exchanges and currencies are included in the aggregated data.
The user can also choose how volume is displayed (in assets, U.S. dollars or euros) and how it is calculated (sum, average, median, or dispersion).
WARNING Indicator is for CRYPTO ONLY.
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Data Type — Choose Single or Aggregated data.
• Single — Show only current Volume.
• Aggregated — Show Aggregated Volume.
Volume By — You can also select how the volume is displayed.
• COIN — Volume in Actives.
• USD — Volume in United Stated Dollar.
• EUR — Volume in European Union.
• RUB — Volume in Russian Ruble.
Calculate By — Choose how Aggregated Volume it is calculated.
• SUM — This displays the total volume from all sources.
• AVG — This displays the average price of the volume from all sources.
• MEDIAN — This displays the median volume from all sources.
• VARIANCE — This displays the variance of the volume from all sources.
• Delta Type — Select the Volume Profile type.
• Bullish — Shows the volume of buyers.
• Bearish — Shows the volume of sellers.
• Both — Shows the total volume of buyers and sellers.
Additional features
The remaining functions are responsible for the visual part of the Volume Profile and are intuitive and I recommend that you familiarize yourself with them simply by using them.
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If you have any ideas what to add to my work to add more sources or make calculations cooler, suggest in DM .
Also I recommend exploring and trying out my similar work.
Fibo Levels with Volume Profile and Targets [ChartPrime]The Fib Levels With Volume Profile and Targets (FIVP) is a trading tool designed to provide traders with a unique understanding of price movement and trading volume through the lens of Fibonacci levels. This dynamic indicator merges the concepts of Fibonacci retracement levels with trading volume analytics to offer predictive insights into potential price trajectories.
Features:
1. Fibonacci Levels: The FPI showcases three prominent Fibonacci levels on both sides of the current price, offering an intricate picture of potential support and resistance levels.
2. Support and Resistance Recognition: Harnessing the power of Fibonacci levels, the FPI provides traders with potential areas of support and resistance, aiding in informed decision-making for entries, exits, and stop placements.
3. Customizable Timeframe Settings: In order to cater to different trading strategies and styles, users can manually select their preferred timeframe for the Fibonacci calculations, ensuring optimal relevance and accuracy for their trading approach.
4. Volume Analytics: One of the standout features of the FIVP is its ability to calculate trading volume for every bar that is sandwiched between the top and lower Fibonacci levels. This ensures traders have a clear vision of where the majority of trading activity is occurring, lending weight to the credibility of the displayed support and resistance zones.
5. Volume-Derived Price Targeting: The Possible Target Arrow function is an innovative feature. By analyzing and comparing the trading volume in the bearish and bullish zones, it provides an arrow indicating the potential direction the market might take. If the bull volume surpasses the bear volume, the market is likely skewing bullish and vice versa.
Usage
Ideal for both novice and seasoned traders, the FPI offers a rich tapestry of information. It allows for refined technical analysis, more precise entries and exits, and a holistic view of the interplay between price and trading volume. Whether you're scalping, day trading, or swing trading, the Fibonacci Profile Indicator is designed to enhance your trading strategy, providing a comprehensive perspective of the market's potential movements.
Simple Volume Profile with POC (Daily/4H Sessions) [Enhanced]Simple Volume Profile with a Point of Control (POC). The script does the following:
Accumulates volume in user-defined “bins” (price buckets) for a session.
Resets the volume accumulation each new “session”:
On a Daily chart, it considers weekly sessions (resets each Monday).
On a 4H chart, it considers daily sessions (resets at the start of each trading day).
Finds the Point of Control (the price bin with the highest accumulated volume).
Plots the histogram and the POC line on the chart.
Intraday Volume Profile [BigBeluga]The Intraday Volume Profile aims to show delta volume on lower timeframes to spot trapped shorts at the bottom or trapped longs at the top, with buyers pushing the price up at the bottom and sellers at the top acting as resistance.
🔶 FEATURES
The indicator includes the following features:
LTF Delta precision (timeframe)
Sensibility color - adjust gradient color sensitivity
Source - source of the candle to use as the main delta calculation
Color mode - display delta coloring in different ways
🔶 DELTA EXAMPLE
In the image above, we can see how delta is created.
If delta is positive, we know that buyers have control over sellers, while if delta is negative, we know sellers have control over buyers.
Using this data, we can spot interesting trades and identify trapped individuals within the candle.
🔶 HOW TO USE
In the image above, we can see how shorts are trapped at the bottom of the wick (red + at the bottom), leading to a pump also called a "short squeeze."
Same example as before, but with trapped longs (blue + at the top).
This can also work as basic support and resistance, for example, trapped shorts at the bottom with positive delta at the bottom acting as strong support for price.
Users can have the option to also display delta data within the corresponding levels, showing Buyers vs Sellers for more precise trading ideas.
NOTE:
User can only display the most recent data for the last 8 buyers and sellers.
It is recommended to use a hollow candle while using this script.
Ice Cream Volume Profile [Visible range]While exploring the new Pine Script feature, Polylines, I've created a fun project called the
Ice Cream Volume Profile for the visible range.
This fun project serves several purposes:
It displays the level at which the most trades (volume) occur.
It provides Delta volume information.
It counts how many times a bar closed within this level.
It assists in drawing support and resistance zones.
It aids in interpreting volume data.
The top part of the ice cream cone changes color as follows:
Green: When the bullish volume exceeds 55% of the total volume.
Red: When the bearish volume surpasses 55% of the total volume.
Yellow: When neither Green nor Red exceeds 55% of the total volume.
Polylines are an excellent feature that enables us to create even more intriguing visuals in Pine Script.
Zanger Volume Profile ZVR v1This is an attempt to make a zanger volume profile indicator, it needs improvement and some sort of forward looking volume estimator.
Rotation Factor: Buy/Sell Pressure for Market/Volume ProfileRotation Factor is a simple formula to figure out the buy and sell pressure of the overall day. Rotation Factor is usually combined with Market Profile or Volume Profile analysis. It is designed to be used on the 30min timeframe with a 1D interval reset. It can be used on other timeframes, but results will vary. Some Rotation Factor traders like to use it on a daily with a 1M interval reset for longer term trading.
The formula is very clean because it only focuses on price action, highs and lows. The formula is as follows:
Current Bar makes Higher High and Higher Low +2 points
Current Bar makes Lower High and Lower Low -2 Points
Current Bar makes Higher High and Lower Low 0 Points
Current Bar makes Lower High and Higher Low 0 Points
Current High and Previous High are Equal and Higher Low +1 Points
Current Bar makes Higher High but Current and Previous lows are equal +1 Points
Current Bar makes Lower High but Current and Previous lows are equal -1 Points
Current High and Previous High are Equal and Lower Low -1 Points
I hope you enjoy this indicator, if you have any questions let me know in the comments.
Poor man's volume profileThis is an attempt to get something more or less similar to the volume profile for free.
The code is generated using a template. To change the settings, you may need to regenerate the code. The code has a link to the repository with the template.
Volume Profile: Intra-bar VolumeThis indicator was developed as part of a free blog post tutorial on the Backtest-Rookies website for detailed code commentary, head over there.
Scope
The indicator shall attempt to do the following:
Look at a lower time-frame. E.g 5 minutes when on a 1-hour chart.
Create a function to loop through through candles and make an assessment.
If the candle it closed up, the volume will be categorized as buying volume. Conversely, if it closed down, the volume will be categorized as selling volume
The function will then be passed to the security() function to run on a lower timeframe.
All buying volume and selling volume from the lower time-frame shall be summed and displayed on the main chart.
Important Note
This indicator will not give you genuine buying or selling volume. It simply follows the assumption that if price closed up, there must have been more buyers than sellers and if it closed down we assume the opposite.
Usage
In order to use this indicator, users will need to calculate how many lower time-frame bars are contained in the time-frame on the main chart. So for example, the default settings are configured for the indicator to be run on the 1H chart. As a result, we need to set the "Bars on Lower Timeframe" input to 12. This is because there are 12 x 5-minute bars in 60 minutes.
Volume Profile Volume Delta OI Delta [Kioseff Trading]Hello!
This script serves to distinguish volume delta for any asset and open interest delta for Binance perpetual futures.
The image above provides further explanation of functionality and color correspondence.
The image above shows the indicator calculating volume at each tick level and displaying the metric.
The label color outline (neon effect) is configurable; the image above is absent the feature.
The image above shows Open Interest (OI) Delta calculated - similar to how the script calculates volume delta - for a Binance Perpetual Future pair.
This feature only works for Binance Futures pairs; the script will not load when trying to calculate OI Delta on other assets.
Additionally, a heatmap is displayable should you configure the indicator to calculate it.
The image above shows a heatmap using volume delta calculations.
The image above shows a heatmap using OI delta calculations.
Of course, these calculations - when absent requisite data - require some assumptions to better replicate calculations with access to requisite data.
The indicator assumes a 60/40 split when a tick level is traded at and only one metric - "buy volume" or "sell volume" is recorded. This means there shouldn't be any levels recorded where "buy volume" is greater than 0 and "sell volume" equals 0 and vice versa. While this assumption was performed arbitrarily, it may help better replicate volume delta and OI delta calculations seen on other charting platforms.
This option is configurable; you can select to have the script not assume a 60/40 split and instead record volume "as is" at the corresponding tick level.
The script also divides volume and open interest if a one-minute bar violates multiple tick levels. The volume or open interest generated on the one-minute bar will be divided by the number of tick levels it exceeds. The results are, subsequently, appended to the violated tick levels.
Further, the script can be set to recalculate after a user-defined time threshold is exceeded. You can also define the percentage or tick distance between levels.
Also, it'd be great if this indicator can nicely replicate volume delta indicators on other charting platforms. If you've any ideas on how price action can be used to better assume volume at the corresponding price area please let me know!
Thank you (:
Liquidity Sentiment Profile [LuxAlgo]The Liquidity Sentiment Profile is an advanced charting tool that measures by combining PRICE and VOLUME data over specified anchored periods and highlights within a sequence of profiles the distribution of the liquidity and the market sentiment at specific price levels.
The Liquidity Sentiment Profile allows traders to reveal significant price levels, dominant market sentiment, support and resistance levels, supply and demand zones, liquidity availability levels, liquidity gaps, consolidation zones, and more based on price and volume data.
Liquidity refers to the availability of orders at specific price levels in the market, allowing transactions to occur smoothly.
🔶 USAGE
A Liquidity Sentiment Profile is a combination of a liquidity and a sentiment profile, where the right part of the profile displays the distribution of the traded activity at different price levels and the left part displays the market sentiment at those price levels.
The Liquidity Sentiment Profiles are visualized with different colors, where each color has a different meaning.
The Liquidity Sentiment Profiles aim to present Value Areas based on the significance of price levels, thus allowing users to identify value areas that can be formed more than once within the range of a single profile.
Level of Significance Line - displays the changes in the price levels with the highest traded activity (developing POC)
🔶 SETTINGS
The script takes into account user-defined parameters and plots the profiles, where detailed usage for each user-defined input parameter in indicator settings is provided with the related input's tooltip.
🔹 Liquidity Sentiment Profiles
Anchor Period: The indicator resolution is set by the input of the Anchor Period, the default option is AUTO.
🔹 Liquidity Profile Settings
Liquidity Profile: Toggles the visibility of the Liquidity Profiles
High Traded Nodes: Threshold and Color option for High Traded Nodes
Average Traded Nodes: Color option for Average Traded Nodes
Low Traded Nodes: Threshold and Color option for Low Traded Nodes
🔹 Sentiment Profile Settings
Sentiment Profile: Toggles the visibility of the Sentiment Profiles
Bullish Nodes: Color option for Bullish Nodes
Bearish Nodes: Color option for Bearish Nodes
🔹 Other Settings
Level of Significance: Toggles the visibility of the Level of Significance Line
Profile Price Levels: Toggles the visibility of the Profile Price Levels
Number of Rows: Specify how many rows each profile histogram will have. Caution, having it set to high values will quickly hit Pine Script™ drawing objects limit and fewer historical profiles will be displayed
Profile Width %: Alters the width of the rows in the histogram, relative to the profile length
Profile Range Background Fill: Toggles the visibility of the Profiles Range
🔶 LIMITATIONS
The amount of drawing objects that can be used is limited, as such using a high number of rows can display fewer historical profiles and occasionally incomplete profiles.
🔶 RELATED SCRIPTS
🔹 Buyside-Sellside-Liquidity
🔹 ICT-Concepts
🔹 Swing-Volume-Profiles
