LW Volume Profile with Value Area and Alerts
- 지표
- 버전: 2.0
- 활성화: 20
See where the market actually traded. LW Volume Profile Pro turns volume onto the price axis to reveal the levels that matter most.
For the selected range it marks:
- POC (Point of Control) — the price with the most traded volume; a natural magnet and mean-reversion reference.
- Value Area (VAH / VAL) — the band holding a chosen percentage of volume (default 70%); the zone the market treats as fair value.
- A horizontal volume histogram — thick rows are strong support/resistance, thin rows are fast low-interest prices that tend to get skipped.
Two modes:
- Rolling: one profile over the last N bars, always up to date.
- Daily: a separate profile for each calendar day (you choose how many recent days), for session-based analysis.
Alerts:
- Optional popup and mobile push notification when price crosses the POC, VAH or VAL.
Also included:
- On-chart info label showing VAH / POC / VAL and whether price is ABOVE, IN, or BELOW value.
- Fully adjustable: rows/resolution, value-area percentage, histogram width, and all colors.
- Works on any symbol and any timeframe. Lightweight, no external dependencies.
How traders use it: fade extremes back toward the POC, trade rejections at VAH/VAL, and treat a clean break of the Value Area as a trend signal.
Note on volume: retail Forex/CFD feeds have no centralized traded volume, so this indicator uses TICK volume (the number of price updates) — the industry-standard proxy. It approximates market activity, not exchange volume.
