OPEN-SOURCE SCRIPT
更新済 Dynamic MTF Composite Volume Profile
🔷 Overview
The Dynamic MTF Composite Volume Profile is a multi-timeframe volume-based analysis tool designed to help traders identify key market zones where significant trading activity has occurred. It builds a dynamic structure using higher timeframe volume behavior to approximate institutional interest areas such as Point of Control (POC) and High Volume Zones (HVZ).
This indicator is optimized for Gold (XAUUSD) but also performs well on Forex, Indices, Crypto, and Futures markets.
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⚙️ Indicator Concept
Unlike traditional indicators that rely only on price movement, this tool combines multi-timeframe volume + price structure to estimate where the market is most active.
It helps traders understand:
* Where smart money is likely active
* Where price may react or consolidate
* Where trend bias is shifting
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📌 Features
• Multi-Timeframe Volume Structure (MTF)
• Dynamic Composite Volume Calculation
• Approximate Point of Control (POC)
• High Volume Zone (HVZ) Detection
• Volume-Based Trend Bias
• Support & Resistance Estimation
• Clean Visual Layout
• Lightweight and Fast Execution
• Works on All Timeframes
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📈 How It Works
🔴 Dynamic POC
The POC represents the price level where the highest relative volume activity occurs within the selected lookback period.
* Acts as a market equilibrium zone
* Price often reacts or reverts near this level
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🟢 High Volume Zone (HVZ)
🟠 low Volume Zone (HVZ)
The HVZ highlights the range where most trading activity occurred.
* Often acts as support or resistance
* Can indicate accumulation or distribution areas
📊 Trend Bias
* Price above POC → Bullish bias
* Price below POC → Bearish bias
* Strong reactions near HVZ confirm structure shifts
🧠 Trading Strategy (Simple Setup)
🔼 Buy Setup
* Price is above Dynamic POC
* Price pulls back into HVZ or near POC
* Bullish candle confirmation appears
* Enter long with stop below zone
🔽 Sell Setup
* Price is below Dynamic POC
* Price retraces into HVZ or near POC
* Bearish rejection appears
* Enter short with stop above zone
⏱️ Recommended Timeframes
* M5 (Scalping)
* M15 (Intraday entries)
* H1 (Swing confirmation)
* H4 (Trend structure)
🌍 Best Markets
* 🟡 XAUUSD (Gold)
* 💱 Forex pairs
* 📊 Indices (US30, NAS100, S&P500)
* ₿ Crypto markets
* 📦 Futures
---------------------------------------------
⚠️ Important Notes
This indicator uses approximate volume modeling due to Pine Script limitations. TradingView does not allow full volume-at-price reconstruction in custom scriptsIt is intended for educational and analytical purposes only and should be combined with price action or other confirmation tools.
The Dynamic MTF Composite Volume Profile is a multi-timeframe volume-based analysis tool designed to help traders identify key market zones where significant trading activity has occurred. It builds a dynamic structure using higher timeframe volume behavior to approximate institutional interest areas such as Point of Control (POC) and High Volume Zones (HVZ).
This indicator is optimized for Gold (XAUUSD) but also performs well on Forex, Indices, Crypto, and Futures markets.
----------------------------
⚙️ Indicator Concept
Unlike traditional indicators that rely only on price movement, this tool combines multi-timeframe volume + price structure to estimate where the market is most active.
It helps traders understand:
* Where smart money is likely active
* Where price may react or consolidate
* Where trend bias is shifting
------------------------------------
📌 Features
• Multi-Timeframe Volume Structure (MTF)
• Dynamic Composite Volume Calculation
• Approximate Point of Control (POC)
• High Volume Zone (HVZ) Detection
• Volume-Based Trend Bias
• Support & Resistance Estimation
• Clean Visual Layout
• Lightweight and Fast Execution
• Works on All Timeframes
-----------------------------------------
📈 How It Works
🔴 Dynamic POC
The POC represents the price level where the highest relative volume activity occurs within the selected lookback period.
* Acts as a market equilibrium zone
* Price often reacts or reverts near this level
----------------------------------------
🟢 High Volume Zone (HVZ)
🟠 low Volume Zone (HVZ)
The HVZ highlights the range where most trading activity occurred.
* Often acts as support or resistance
* Can indicate accumulation or distribution areas
📊 Trend Bias
* Price above POC → Bullish bias
* Price below POC → Bearish bias
* Strong reactions near HVZ confirm structure shifts
🧠 Trading Strategy (Simple Setup)
🔼 Buy Setup
* Price is above Dynamic POC
* Price pulls back into HVZ or near POC
* Bullish candle confirmation appears
* Enter long with stop below zone
🔽 Sell Setup
* Price is below Dynamic POC
* Price retraces into HVZ or near POC
* Bearish rejection appears
* Enter short with stop above zone
⏱️ Recommended Timeframes
* M5 (Scalping)
* M15 (Intraday entries)
* H1 (Swing confirmation)
* H4 (Trend structure)
🌍 Best Markets
* 🟡 XAUUSD (Gold)
* 💱 Forex pairs
* 📊 Indices (US30, NAS100, S&P500)
* ₿ Crypto markets
* 📦 Futures
---------------------------------------------
⚠️ Important Notes
This indicator uses approximate volume modeling due to Pine Script limitations. TradingView does not allow full volume-at-price reconstruction in custom scriptsIt is intended for educational and analytical purposes only and should be combined with price action or other confirmation tools.
リリースノート
Thank you! for using this script. Feedback and suggestions are always appreciated and will help guide future updatesオープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
t.me/EdwardJosFXAnalyst
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
t.me/EdwardJosFXAnalyst
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。