OPEN-SOURCE SCRIPT
Session Value Map
Session Value Map draws a volume-value map anchored to each trading session instead of a rolling window.
It shows:
• Developing value — the live session's POC and value area (VAH/VAL), building in real time
• Prior-session value — the last completed RTH and overnight POC/VAH/VAL, carried forward as reference
• Naked POCs — prior-session points of control that price has not yet returned to; they auto-remove the moment price trades back through them
• Reference levels — prior-day high/low/close and the opening range
Why session-anchored: value that forms inside a defined session (and the untested POCs it leaves behind) tends to act as support/resistance far more cleanly than a rolling profile that blends unrelated periods together.
Settings: set your timezone, regular and overnight session windows, opening-range minutes, value-area %, and bin count to fit any futures or index market.
Open-source — study it, fork it, learn from it.
For education and analysis only. Not financial advice.
It shows:
• Developing value — the live session's POC and value area (VAH/VAL), building in real time
• Prior-session value — the last completed RTH and overnight POC/VAH/VAL, carried forward as reference
• Naked POCs — prior-session points of control that price has not yet returned to; they auto-remove the moment price trades back through them
• Reference levels — prior-day high/low/close and the opening range
Why session-anchored: value that forms inside a defined session (and the untested POCs it leaves behind) tends to act as support/resistance far more cleanly than a rolling profile that blends unrelated periods together.
Settings: set your timezone, regular and overnight session windows, opening-range minutes, value-area %, and bin count to fit any futures or index market.
Open-source — study it, fork it, learn from it.
For education and analysis only. Not financial advice.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.