Periodic Volume Profile
- Indicatori
- Raphael Lorenz Baumgartner
- Versione: 1.0
- Attivazioni: 5
Periodic Volume Profile
Platform: MetaTrader 5
Type: Custom Indicator
Display: Chart Window (Overlay)
Functions:
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Calculates Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) continuously over a rolling buffer of candles.
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Uses tick volume and close price to update volume distribution in real-time.
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Keeps a fixed-length circular buffer ( CleanUpAfter ) to remove old price-volume data.
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Automatically adjusts the volume profile range if price moves outside the current bounds.
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Volume distribution is calculated per price level with resolution based on tickMultiplier .
Input Parameters:
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ValueAreaPercent (default: 70)
Percentage of total volume used to define the value area. -
CleanUpAfter (default: 50)
Number of candles used in the rolling buffer before old data is removed.
Output Values:
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POC (Point of Control)
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The price level with the highest total volume within the current rolling window.
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VAH (Value Area High)
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The highest price level that still lies within the configured value area percentage.
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VAL (Value Area Low)
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The lowest price level within the value area.
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