RS: Market Profile

28 Jan 2023

A Market Profile (time price opportunity) implementation with an option to mark a point of control (POC) based on volume.

Config: Hide default candles. Select a session time using exchange timezone. Experiment with tick multiplier value to achieve desired level of detail. Choose the symbols of your choice, e.g. squares or A-Z chars. For multiple sessions you will have to add additional instances of this script with a different time configuration.

Limitations: TradingView has a hard limit for the number of characters (500), if it's reached, label rendering stops. Try increasing tick multiplier value to reduce the number of labels rendered or reduce the window size.

Features:

• Use symbols or A-Z chars for TPOs
  
• Mark POC
  
• Calculate Value Area (volume or time based)
  
• Highlight single prints (SP)
  
• Highlight VWAP
  
• Show daily bar
  
• Highlight Open and Close
  
• Highlight current price row (during live market)
  
• Highlight initial balance (IB)
  

28 Jan 2023

Catatan Rilis

Removed unused text size options.

28 Jan 2023

Catatan Rilis

Remove unused attribute.

28 Jan 2023

Catatan Rilis

Cleanup unused code.

28 Jan 2023

Catatan Rilis

Touchup

28 Jan 2023

Catatan Rilis

Update chart

2 Feb 2023

Catatan Rilis

Make sure the script works on free accounts.

9 Feb 2023

Catatan Rilis

• Extend VAH/VAL and POC lines (disabled by default)
  
• Mark period opening price, either use case swap or '0' character (disabled by default)
  

9 Feb 2023

Catatan Rilis

Fix house rules violation

9 Feb 2023

Catatan Rilis

Update the chart

10 Feb 2023

Catatan Rilis

Bugfix: terminate extension lines even for 24h sessions

11 Feb 2023

Catatan Rilis

• Introduce weekly and monthly profiles
  
• Add value area percentage input
  

11 Feb 2023

Catatan Rilis

• Add option to split the profile (available only if A-Za-z rendering is selected)
  

12 Feb 2023

Catatan Rilis

Introduce a "Fixed" range timeframe (arbitrary start/end date profile)

E.g.

12 Feb 2023

Catatan Rilis

Add option to show volume numbers in "Fixed" market profile mode

12 Feb 2023

Catatan Rilis

Add background for fixed range

13 Feb 2023

Catatan Rilis

Improve closing price marking in A-Za-z profiles

15 Feb 2023

Catatan Rilis

• Add high/low extension lines (hidden by default)
  
• Simplify lower TF logic (volume)
  

15 Feb 2023

Catatan Rilis

Use all or nothing for VP

7 Mar 2023

Catatan Rilis

Allow to show midpoint extension line (hidden by default).

Midpoint calculation algorithm can be either:

• High/Low based (midpoint)
  
• TPOs count based (similar count on both sides)
  

14 Mar 2023

Catatan Rilis

Add an option to choose the time settings in a specific timezone (defaults to exchange timezone).

16 Agu 2023

Catatan Rilis

Add possibility to render intraday profiles.
To use this feature, select Timeframe -> Intraday. Set desired Profile length in minutes value, the default is 60 (1 hour).