Swing Profile Pro

Swing Profile Pro is a professional-grade volume analysis tool that automatically maps the horizontal volume distribution (Volume Profile) across individual market swings. It provides traders with immediate insight into where the most liquidity has been traded during specific bullish and bearish price movements.

How It Works

1. Dynamic Swing Detection (ZigZag)

The indicator uses a built-in fractal-style ZigZag algorithm to identify price swings in real-time. By tracking the most recent confirmed highs and lows (using Depth, Deviation, and Backstep settings), it segments the price action into discrete "legs."

2. High-Resolution Volume Profiling

For every identified swing, the indicator calculates a Volume Profile histogram:

• Historical Swings: Once a swing is finalized, its completed Volume Profile is saved to the chart.
• Real-Time (Forming) Leg: The indicator dynamically tracks the active, uncompleted swing. As price extends the leg, the Volume Profile expands and recalculates in real-time to show the volume distribution of the current move.

3. Volume Classification

The tool analyzes every candle within a swing to distribute its volume across horizontal price "bins":

• Buy/Sell Delta: Volume is categorized as buying or selling pressure based on the candle's close relative to its open, allowing you to see the dominance of bulls or bears at specific price levels.
• Point of Control (POC): The price level with the highest total volume in each swing is automatically highlighted, acting as a crucial area of significance.

Key Features

• Real-Time Forming Swing Plotting: Unlike standard indicators that only show completed swings, this tool tracks the active move live.
• Optimized Performance: Features high-speed volume distribution math and object recycling to eliminate lag, even during high-volatility events or fast backtesting.
• Automatic HeatMap Option: Visualize areas of extreme liquidity through color-coded intensity rather than just bar length.
• Detailed Statistics (Tooltip): Hover over the arrows on historical swings to view detailed data, including Total Volume, Buy/Sell Volume, and Delta Percentage.
• Customizable Layout: Adjust the number of profile rows (bins), the horizontal width percentage, and alignment (anchor at start or end of the swing).

Best Used For: Identifying support/resistance within trends, spotting institutional absorption levels, and confirming breakouts based on where high volumes were clustered during the preceding swing.

If you have any question about the indicator, feel free to message me directly.