OPEN-SOURCE SCRIPT
Volume Profile + Pivot Levels [Jaxon007]
This indicator combines Volume Profile analysis with Pivot Levels to help identify strong areas of support and resistance, as well as potential buy/sell zones.
🔎 Key Features:
Custom Volume Profile (VP):
Dynamically calculates the highest and lowest price levels within a user-defined lookback period, filtered by relative volume strength. These act as zones of market interest where price tends to react.
Pivot Levels (Daily/Weekly/Monthly):
Automatically plots pivot points based on your selected timeframe. Classic pivot levels are included, along with support (S1) and resistance (R1).
Buy & Sell Signal Markers:
Buy Signal: Plotted when price closes above both the pivot and VP High.
Sell Signal: Plotted when price closes below both the pivot and VP Low.
These signals highlight breakout and momentum opportunities.
Customizable Display:
Toggle on/off pivot levels, volume profile levels, and buy/sell signals to suit your trading style.
🎯 How to Use:
Look for confluence between Pivot Levels and VP High/Low to spot strong breakout or reversal points.
Use Buy signals for potential long entries when market momentum confirms above key levels.
Use Sell signals for potential short entries when price breaks below critical zones.
Best applied on higher-volume assets (Forex, Indices, Crypto, Stocks).
🔎 Key Features:
Custom Volume Profile (VP):
Dynamically calculates the highest and lowest price levels within a user-defined lookback period, filtered by relative volume strength. These act as zones of market interest where price tends to react.
Pivot Levels (Daily/Weekly/Monthly):
Automatically plots pivot points based on your selected timeframe. Classic pivot levels are included, along with support (S1) and resistance (R1).
Buy & Sell Signal Markers:
Buy Signal: Plotted when price closes above both the pivot and VP High.
Sell Signal: Plotted when price closes below both the pivot and VP Low.
These signals highlight breakout and momentum opportunities.
Customizable Display:
Toggle on/off pivot levels, volume profile levels, and buy/sell signals to suit your trading style.
🎯 How to Use:
Look for confluence between Pivot Levels and VP High/Low to spot strong breakout or reversal points.
Use Buy signals for potential long entries when market momentum confirms above key levels.
Use Sell signals for potential short entries when price breaks below critical zones.
Best applied on higher-volume assets (Forex, Indices, Crypto, Stocks).
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
✨ Shared Success | Trusted Growth ✨
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
✨ Shared Success | Trusted Growth ✨
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
🚀 Profit Sharing 50/50 – Discipline & Transparency
📊 Free Signals: 👉 t.me/Forexcryptoaccountms
💼 Account Management: DM me or join the channel
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.