Advanced Order Flow Volume Profile Indicator
- Indicatori
- Pusita Worapong
- Versione: 3.0
- Attivazioni: 5
🧩 Each VolumeProfile holds:
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The price range for a given period
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Buy/sell volume for each price level
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Calculated POC, VAH, VAL, Delta, and Imbalance
🔍 Indicator Logic Summary
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Divide data by timeframe (e.g., one H1 profile per hour).
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Aggregate volumes for each price level.
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Separate buy and sell volumes using tick or trade direction.
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Compute Delta (Buy − Sell) and Imbalance (dominance ≥70%).
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Detect POC, VAH, VAL to outline the Value Area.
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Draw graphical profiles beside price candles using color-coded bars:
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🟩 Green = Buy volume
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🟥 Red = Sell volume
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🟨 Yellow line = POC
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🟦 Blue zone = Value Area
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🟧 Orange = Imbalance highlight
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📊 Reading and Interpreting the Indicator
| Symbol / Color | Meaning | Interpretation |
|---|---|---|
| 🟨 POC (Point of Control) | Price level with the highest traded volume | Market “fair price” — strong acceptance zone |
| 🟦 Value Area (VAH / VAL) | Range covering ~70% of total volume | Main price zone where most trades occurred |
| 🟩 Buy Volume | Volume from buyers | If dominant → bullish strength |
| 🟥 Sell Volume | Volume from sellers | If dominant → bearish pressure |
| ⚖️ Delta | Buy − Sell volume | Positive → buyers in control / Negative → sellers in control |
| ⚠️ Imbalance | One side exceeds 70% of the opposite side | Often signals breakouts or turning points |
💡 How to Use It on Your Chart
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Attach the indicator to your chart (works in main window).
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Choose your analysis timeframe (e.g., H1, M15).
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Adjust:
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NumberOfProfiles → how many historical profiles to show
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PriceLevels → resolution of the profile
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Observe:
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POC moving upward → uptrend (buyers gaining control)
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POC moving downward → downtrend (sellers dominant)
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Strong positive Delta → aggressive buying
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Clusters of Imbalances → strong momentum direction
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Price above Value Area → bullish bias
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Price below Value Area → bearish bias
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