OPEN-SOURCE SCRIPT
Institutional Session Volume Profile
Overview
The Institutional Session Volume Profile helps traders filter out market noise by separating intra-session volume into two visual categories: Committed and Apathy. This makes it easy to spot where real volume is stepping in versus where price is just chopping around.
How to Read the Profile
Core Features
Tip: Right-click the indicator name -> Visual Order -> Send to Back to tuck profiles cleanly behind your candles.
The Institutional Session Volume Profile helps traders filter out market noise by separating intra-session volume into two visual categories: Committed and Apathy. This makes it easy to spot where real volume is stepping in versus where price is just chopping around.
How to Read the Profile
- Committed Volume (Dark Grey): Indicates heavy, decisive volume. These areas act as strong support or resistance walls.
- Apathy Volume (Light Grey): Indicates choppy, light volume with no real direction. Price tends to move very quickly through these empty zones.
Core Features
- Dynamic POC Tracking: Pinpoints the exact price level with the highest volume in the session.
- 4 Custom Sessions: Easily set up your exact trading hours for different global markets.
- Smoothed Graphics: A clean, easy-to-read "mountain" visual.
Tip: Right-click the indicator name -> Visual Order -> Send to Back to tuck profiles cleanly behind your candles.
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.