OPEN-SOURCE SCRIPT
ZEC Volume Profile Zone & Auto Pivot Trendline
This is an indicator, not a strategy — it does not include backtested results, so the strategy-publishing rules on commissions, slippage, position sizing and sample size do not apply.
The script combines two original, algorithmically-derived components instead of manually drawn lines:
Volume profile zone. Over a user-set lookback window (default 90 bars), the script divides the traded price range into bins (default 24) and sums the volume that closed within each bin. The bin with the highest cumulative volume is plotted as a shaded zone. This identifies, on a rolling basis, the price area where the most trading activity has occurred — a high-liquidity zone that tends to act as dynamic support when price is above it and resistance when price is below it.
Auto-detected trendline. Using ta.pivotlow() with adjustable left/right bar sensitivity (default 5/5), the script tracks the two most recent confirmed swing lows and connects them with a line, projected forward. This removes the need to manually anchor a trendline to specific dates or prices, so the line updates as new pivots form and stays valid on any symbol or timeframe (the connection is skipped if the two pivots are more than the "max bars between pivots" setting apart, default 150, to avoid joining unrelated swings).
An optional, disabled-by-default pair of inputs lets a trader mark their own support/resistance levels from their own analysis if they want to combine that with the automatic zone and trendline.
Two alert conditions fire when price closes above the top of the auto-detected high-volume zone (potential bullish continuation) or below its bottom (potential bearish continuation).
The script combines two original, algorithmically-derived components instead of manually drawn lines:
Volume profile zone. Over a user-set lookback window (default 90 bars), the script divides the traded price range into bins (default 24) and sums the volume that closed within each bin. The bin with the highest cumulative volume is plotted as a shaded zone. This identifies, on a rolling basis, the price area where the most trading activity has occurred — a high-liquidity zone that tends to act as dynamic support when price is above it and resistance when price is below it.
Auto-detected trendline. Using ta.pivotlow() with adjustable left/right bar sensitivity (default 5/5), the script tracks the two most recent confirmed swing lows and connects them with a line, projected forward. This removes the need to manually anchor a trendline to specific dates or prices, so the line updates as new pivots form and stays valid on any symbol or timeframe (the connection is skipped if the two pivots are more than the "max bars between pivots" setting apart, default 150, to avoid joining unrelated swings).
An optional, disabled-by-default pair of inputs lets a trader mark their own support/resistance levels from their own analysis if they want to combine that with the automatic zone and trendline.
Two alert conditions fire when price closes above the top of the auto-detected high-volume zone (potential bullish continuation) or below its bottom (potential bearish continuation).
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.