OPEN-SOURCE SCRIPT
Multi-Timeframe Volume Profile & Orderflow Levels
Description:
This indicator is a comprehensive Volume Profile and Orderflow mapping tool designed to track real-time and historical liquidity zones across multiple timeframes. By breaking down volume data into customizable price bins, it accurately calculates and visualizes the most critical structural levels used in auction market theory.
Unlike standard built-in profile tools, this script utilizes a custom tick-based volume distribution engine (using Pine Script maps) to ensure precise calculations of the Value Area and Point of Control (POC), while keeping the chart clean with strictly horizontal lines and designated zone boxes.
Core Features
Multi-Timeframe Tracking: Simultaneously tracks and plots Volume Profile data for Custom, Daily, Weekly, and Monthly timeframes.
Current & Previous Levels: Automatically calculates and displays levels for the active period, while also retaining and plotting the previous periods' levels (Prev D, Prev W, Prev M) for historical context.
Key Orderflow Metrics:
POC (Point of Control): The price level with the highest traded volume for the period.
VAH & VAL (Value Area High / Low): The upper and lower bounds of the Value Area (customizable, defaults to 70% of total volume).
Period Open (OHLC): The opening price of the specified timeframe to gauge directional shifts.
Previous Day Value Area Box: Visually shades the previous day's value area to easily identify immediate overhead resistance or underlying support.
Clean Visuals: Uses an isolated object-oriented drawing method to render perfect horizontal lines from the period start to the current bar, eliminating the messy "curved line" effect seen in many other indicators during timeframe transitions.
How to Use It
Acceptance vs. Rejection: Monitor how price reacts when approaching the Previous Day, Week, or Month's POC or Value Area extremes. Rejections at these levels often provide high-probability entry points.
Breakouts: If price opens outside the Previous Day's Value Area and fails to re-enter, it can signal a strong directional trend for the session.
Confluence: Overlap between different timeframes (e.g., a Daily POC aligning with a Weekly VAH) creates stronger zones of support or resistance.
Customization & Inputs
The inputs tab is designed for exact UI matching and complete modularity:
Value Area %: Adjust the standard 70% threshold to fit your strategy.
Ticks per Profile Bin: Lower values increase the precision of the volume nodes, while higher values provide a broader, smoother calculation.
Display Toggles: Every single timeframe (Current and Previous) and metric (POC, VAH, VAL, Open) can be independently toggled on or off and color-coded to keep your chart tailored to your exact needs.
Drawing Anchors: Choose whether the current period lines draw from the start of the period or trail tightly behind the current bar.
This indicator is a comprehensive Volume Profile and Orderflow mapping tool designed to track real-time and historical liquidity zones across multiple timeframes. By breaking down volume data into customizable price bins, it accurately calculates and visualizes the most critical structural levels used in auction market theory.
Unlike standard built-in profile tools, this script utilizes a custom tick-based volume distribution engine (using Pine Script maps) to ensure precise calculations of the Value Area and Point of Control (POC), while keeping the chart clean with strictly horizontal lines and designated zone boxes.
Core Features
Multi-Timeframe Tracking: Simultaneously tracks and plots Volume Profile data for Custom, Daily, Weekly, and Monthly timeframes.
Current & Previous Levels: Automatically calculates and displays levels for the active period, while also retaining and plotting the previous periods' levels (Prev D, Prev W, Prev M) for historical context.
Key Orderflow Metrics:
POC (Point of Control): The price level with the highest traded volume for the period.
VAH & VAL (Value Area High / Low): The upper and lower bounds of the Value Area (customizable, defaults to 70% of total volume).
Period Open (OHLC): The opening price of the specified timeframe to gauge directional shifts.
Previous Day Value Area Box: Visually shades the previous day's value area to easily identify immediate overhead resistance or underlying support.
Clean Visuals: Uses an isolated object-oriented drawing method to render perfect horizontal lines from the period start to the current bar, eliminating the messy "curved line" effect seen in many other indicators during timeframe transitions.
How to Use It
Acceptance vs. Rejection: Monitor how price reacts when approaching the Previous Day, Week, or Month's POC or Value Area extremes. Rejections at these levels often provide high-probability entry points.
Breakouts: If price opens outside the Previous Day's Value Area and fails to re-enter, it can signal a strong directional trend for the session.
Confluence: Overlap between different timeframes (e.g., a Daily POC aligning with a Weekly VAH) creates stronger zones of support or resistance.
Customization & Inputs
The inputs tab is designed for exact UI matching and complete modularity:
Value Area %: Adjust the standard 70% threshold to fit your strategy.
Ticks per Profile Bin: Lower values increase the precision of the volume nodes, while higher values provide a broader, smoother calculation.
Display Toggles: Every single timeframe (Current and Previous) and metric (POC, VAH, VAL, Open) can be independently toggled on or off and color-coded to keep your chart tailored to your exact needs.
Drawing Anchors: Choose whether the current period lines draw from the start of the period or trail tightly behind the current bar.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.