OPEN-SOURCE SCRIPT
TPO Profile
This indicator provides a high-performance Time Price Opportunity (TPO) profile, commonly known as Market Profile. It visualizes the distribution of price over time, identifying the "fair value" areas where the market spent the most time during a specific session.
Core Features
Time-at-Price Visualization: Uses letters (A-Z, a-z) to represent 30-minute time blocks, creating a visual distribution of market activity.
Heatmap Gradient: Profiles are colored using a gradient from the session open to the session close, allowing you to track the chronological progression of price action at a glance.
Point of Control (POC): Automatically identifies and highlights the price level with the highest TPO count (the longest row) with a distinct color and extended line.
Smart Scaling: Includes an "Auto Row Height" mode that uses the 10-day ATR to dynamically calculate the optimal tick multiplier, ensuring the profile fits your screen perfectly regardless of volatility.
Hybrid Rendering Engine: * Recent Days: Rendered with full letter detail using boxes.
Historical Days: Automatically converted into efficient Polyline Outlines to bypass TradingView's 500-box limit, allowing for up to 50 days of historical context.
Session Filtering: Built-in support for RTH (Regular Trading Hours) filtering and custom timezone offsets (e.g., America/Chicago).
How to Use
Session Settings: Define your trading hours (default 0830-1500) and timezone.
Granularity: Adjust "Target Rows Per Day" to control the vertical detail. More rows provide finer price resolution but consume more drawing resources.
History: Control how many days display full letter detail versus simplified polyline outlines to optimize chart performance.
Core Features
Time-at-Price Visualization: Uses letters (A-Z, a-z) to represent 30-minute time blocks, creating a visual distribution of market activity.
Heatmap Gradient: Profiles are colored using a gradient from the session open to the session close, allowing you to track the chronological progression of price action at a glance.
Point of Control (POC): Automatically identifies and highlights the price level with the highest TPO count (the longest row) with a distinct color and extended line.
Smart Scaling: Includes an "Auto Row Height" mode that uses the 10-day ATR to dynamically calculate the optimal tick multiplier, ensuring the profile fits your screen perfectly regardless of volatility.
Hybrid Rendering Engine: * Recent Days: Rendered with full letter detail using boxes.
Historical Days: Automatically converted into efficient Polyline Outlines to bypass TradingView's 500-box limit, allowing for up to 50 days of historical context.
Session Filtering: Built-in support for RTH (Regular Trading Hours) filtering and custom timezone offsets (e.g., America/Chicago).
How to Use
Session Settings: Define your trading hours (default 0830-1500) and timezone.
Granularity: Adjust "Target Rows Per Day" to control the vertical detail. More rows provide finer price resolution but consume more drawing resources.
History: Control how many days display full letter detail versus simplified polyline outlines to optimize chart performance.
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.
Tatanka Trading | Futures Market Structure Automated Auction Theory & ML Levels for ES & NQ.
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.
Tatanka Trading | Futures Market Structure Automated Auction Theory & ML Levels for ES & NQ.
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.