RS: Market Profile

28 Oca 2023

A Market Profile (time price opportunity) implementation with an option to mark a point of control (POC) based on volume.

Config: Hide default candles. Select a session time using exchange timezone. Experiment with tick multiplier value to achieve desired level of detail. Choose the symbols of your choice, e.g. squares or A-Z chars. For multiple sessions you will have to add additional instances of this script with a different time configuration.

Limitations: TradingView has a hard limit for the number of characters (500), if it's reached, label rendering stops. Try increasing tick multiplier value to reduce the number of labels rendered or reduce the window size.

Features:

• Use symbols or A-Z chars for TPOs
  
• Mark POC
  
• Calculate Value Area (volume or time based)
  
• Highlight single prints (SP)
  
• Highlight VWAP
  
• Show daily bar
  
• Highlight Open and Close
  
• Highlight current price row (during live market)
  
• Highlight initial balance (IB)
  

28 Oca 2023

Sürüm Notları

Removed unused text size options.

28 Oca 2023

Sürüm Notları

Remove unused attribute.

28 Oca 2023

Sürüm Notları

Cleanup unused code.

28 Oca 2023

Sürüm Notları

Touchup

28 Oca 2023

Sürüm Notları

Update chart

2 Şub 2023

Sürüm Notları

Make sure the script works on free accounts.

9 Şub 2023

Sürüm Notları

• Extend VAH/VAL and POC lines (disabled by default)
  
• Mark period opening price, either use case swap or '0' character (disabled by default)
  

9 Şub 2023

Sürüm Notları

Fix house rules violation

9 Şub 2023

Sürüm Notları

Update the chart

10 Şub 2023

Sürüm Notları

Bugfix: terminate extension lines even for 24h sessions

11 Şub 2023

Sürüm Notları

• Introduce weekly and monthly profiles
  
• Add value area percentage input
  

11 Şub 2023

Sürüm Notları

• Add option to split the profile (available only if A-Za-z rendering is selected)
  

12 Şub 2023

Sürüm Notları

Introduce a "Fixed" range timeframe (arbitrary start/end date profile)

E.g.

12 Şub 2023

Sürüm Notları

Add option to show volume numbers in "Fixed" market profile mode

12 Şub 2023

Sürüm Notları

Add background for fixed range

13 Şub 2023

Sürüm Notları

Improve closing price marking in A-Za-z profiles

15 Şub 2023

Sürüm Notları

• Add high/low extension lines (hidden by default)
  
• Simplify lower TF logic (volume)
  

15 Şub 2023

Sürüm Notları

Use all or nothing for VP

7 Mar 2023

Sürüm Notları

Allow to show midpoint extension line (hidden by default).

Midpoint calculation algorithm can be either:

• High/Low based (midpoint)
  
• TPOs count based (similar count on both sides)
  

14 Mar 2023

Sürüm Notları

Add an option to choose the time settings in a specific timezone (defaults to exchange timezone).

16 Ağu 2023

Sürüm Notları

Add possibility to render intraday profiles.
To use this feature, select Timeframe -> Intraday. Set desired Profile length in minutes value, the default is 60 (1 hour).