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Session Volume Profile

The Session Volume Profile indicator displays the distribution of trade volume across price levels for a specific trading session. It visualizes areas of high and low trading activity, helping traders identify support and resistance zones. The profile's peak, known as the Point of Control (POC), represents the price with the highest traded volume.


The inputs of the indicator:

  1. volumeBars(Row Size): Determines the number of price bins or rows for the volume profile. A larger number results in finer granularity.
  2. vup_color: Color for the volume of "up" bars within the value area.
  3. vdown_color: Color for the volume of "down" bars within the value area.
  4. up_color: Color for the volume of "up" bars outside the value area.
  5. down_color: Color for the volume of "down" bars outside the value area.
  6. LOOKBACK: The number of bars the indicator analyzes to compute the volume profile.


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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Versión 2.0 2023.12.04
Added the functionality that allows user to change from a Fixed Volume Profile to a Session Volume Profile.