Editor's PicksOPEN-SOURCE SCRIPT

Volume Profile Auto [line]

Aktualisiert
This project is about:

- VPSV
- array.new_line()
- array.new_box()

VPSV (pine) is one of the rare features that draws lines/figures BETWEEN bars
Snapshot

It doesn't run on Pine script, which makes it possible to do such things.

I wanted to have something similar while a restriction of Pine script is the impossibility to draw between bars, the only way I could think of is by using line width
Snapshot

In this script the higher timeframe is started with several lines (left) and a box, this box goes further until the higher timeframe ends.

During the creation of the box, each candle (lower timeframe) in this box (higher timeframe - period) is checked for position and volume, the volume is added to the left line, so when you see a thicker line, this means at that level there is more volume traded.

One of the big differences with other volume profiles is that many look back to a previous period, here when a period starts, the lines collect data - volume until the period ends, it is especially very visible in very low TF's (seconds)

This is my first script with array.new_line() - array.new_box(), which is a very nice Pine feature!
I hope this script can be helpful to see the possibilities

Settings:

'Parts' -> amount of lines (left of box)

5 Parts:
Snapshot

15 Parts:
Snapshot

25 Parts:
Snapshot

50 Parts:
Snapshot

'Max Width' -> Sets the max width of the lines

'Automatic Settings' -> Sets the higher time frame automatically, see the tooltip ⓘ for more info

The yellow line is the max volume line of that period, last period has a red line (POC), also referring the max.

Cheers!
Versionshinweise
bugfix
Versionshinweise
Improvement of array clean-up (Thanks HeWhoMustNotBeNamed !)
Versionshinweise
Added more POC lines
Versionshinweise
• Added 'Visible Barcolor' for users who use "Bars" as "Bar's Style", default off
• Converted to v5
Versionshinweise
• Added 'Visible Barcolor' for users who use "Bars" as "Bar's Style", default off
• Converted to v5
arrayBOXLINEVolumevpsv

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


LuxAlgo Dev: luxalgo.com
PineCoder: pinecoders.com

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