OPEN-SOURCE SCRIPT
Volume Profile Analysis
Volume Profile Analysis 📊
Advanced horizontal volume profile with order size analysis, buy/sell split, POC, and Value Area — all calculated from real tick-level volume delta.
Core Features:
🔹 Bidirectional Volume Profile Horizontal histogram showing volume distribution across price levels. Buy volume extends RIGHT, sell volume extends LEFT from candles. Delta is proportionally distributed across each bar's price range — no inflation.
🔹 Order Size Analysis Automatically categorizes volume into Large (>1.5× SMA) and Small orders using real volume data. Color-coded so you can see institutional vs retail activity at each price level.
🔹 Point of Control (POC) Yellow line marking the price level with the highest volume — the "fair value" where most trading occurred.
🔹 Value Area (VA) Gray zone containing 68% of total volume around the POC. Price tends to revert to this zone. Trading above/below VA indicates imbalance.
🔹 Buy/Sell Split Each profile level shows separate bars for buying and selling pressure. Labels display exact volumes (e.g., "4.5K | 3.2K").
🔹 Large Order Detection Highlights price levels where >75% of volume comes from large orders — potential institutional accumulation/distribution zones.
🔹 Real-Time Dashboard POC, VA High/Low, distance from POC in ATR units, position (Above/Inside/Below VA), current delta, and profile range.
How to Use:
Signal Meaning
Price at POC Fair value — range-bound market
Price above VA Bullish imbalance — may mean-revert down
Price below VA Bearish imbalance — may mean-revert up
High large order % Institutional activity — watch for reversals
Buy >> Sell at level Buyers absorbed selling at that price
Sell >> Buy at level Sellers absorbed buying at that price
Recommended Settings:
Timeframe: 1S (most precise delta)
Price Levels: 30 (good balance of detail)
Lookback: 100 bars (captures recent session)
Order Size: Enabled (see institutional activity)
Best For: Order flow traders, volume profile traders, identifying support/resistance, detecting institutional activity, understanding where value is established.
Advanced horizontal volume profile with order size analysis, buy/sell split, POC, and Value Area — all calculated from real tick-level volume delta.
Core Features:
🔹 Bidirectional Volume Profile Horizontal histogram showing volume distribution across price levels. Buy volume extends RIGHT, sell volume extends LEFT from candles. Delta is proportionally distributed across each bar's price range — no inflation.
🔹 Order Size Analysis Automatically categorizes volume into Large (>1.5× SMA) and Small orders using real volume data. Color-coded so you can see institutional vs retail activity at each price level.
🔹 Point of Control (POC) Yellow line marking the price level with the highest volume — the "fair value" where most trading occurred.
🔹 Value Area (VA) Gray zone containing 68% of total volume around the POC. Price tends to revert to this zone. Trading above/below VA indicates imbalance.
🔹 Buy/Sell Split Each profile level shows separate bars for buying and selling pressure. Labels display exact volumes (e.g., "4.5K | 3.2K").
🔹 Large Order Detection Highlights price levels where >75% of volume comes from large orders — potential institutional accumulation/distribution zones.
🔹 Real-Time Dashboard POC, VA High/Low, distance from POC in ATR units, position (Above/Inside/Below VA), current delta, and profile range.
How to Use:
Signal Meaning
Price at POC Fair value — range-bound market
Price above VA Bullish imbalance — may mean-revert down
Price below VA Bearish imbalance — may mean-revert up
High large order % Institutional activity — watch for reversals
Buy >> Sell at level Buyers absorbed selling at that price
Sell >> Buy at level Sellers absorbed buying at that price
Recommended Settings:
Timeframe: 1S (most precise delta)
Price Levels: 30 (good balance of detail)
Lookback: 100 bars (captures recent session)
Order Size: Enabled (see institutional activity)
Best For: Order flow traders, volume profile traders, identifying support/resistance, detecting institutional activity, understanding where value is established.
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.