Elo Volume Cluster Profile
- Indicadores
- Versão: 1.0
- Ativações: 5
==> Key Parameters Explained
Candlestick Range - default 500 ; only bars within this range are processed, older objects are deleted to prevent lag
Number of Price Levels - how many horizontal slices the profile is divided into (default 100 )
Profile Width % - how wide the profile histogram appears to the right of price (default 30% )
Value Area % - percentage of total volume that defines the Value Area (default 70% )
POC Line - yellow line at the highest volume price level
VAH / VAL Lines - dotted blue lines marking the top and bottom of the Value Area
Value Area BG - semi-transparent rectangle highlighting the Value Area zone
==>Features Included
Volume distribution - across price levels using bar overlap ratio
POC - (Point of Control) highlighted bar + line
Value Area High / Low - dotted lines
Value Area background - rectangle
Range culling — objects outside Candle Range bars are automatically deleted every tick to keep the chart fast
• Show Bull/Bear - toggle to show/hide bull & bear percentage labels • Bull Color -color for bull B : % label (default clr Lime) • Bear Color - color for bear S : % label (default clrRed) • Get Bull Bear Volume - new function that loops through all bars in range, checks overlap with a specific price level, then splits contributed volume into bull (close ≥ open) or bear (close < open) buckets • POC label line now reads: POC 12.5K → then B: 62. 3% in green → S: S: 7% in red • Peak label lines now read: Pk1 9.8K → then B: 44. 1% in green → S: 55. 9% in red • Bull % and Bear % are placed on the same price level as their parent line, horizontally staggered with bar Duration offsets so they don't overlap each other
Note: that the EA not Include to Elo Volume Profile Indicator if you want it`s a different Price but for now EA is under for develop and observation.
