Volume Profile Auto Anchored

What it does:
This Pine Script indicator automatically creates Volume Profile charts anchored to Pivot Points on your trading chart. It analyzes trading volume distribution at different price levels between significant market highs and lows.

### Key Features:
1. 1.
Automatic Pivot Detection : Automatically identifies pivot points (market highs/lows) based on configurable left/right bar lengths
2. 2.
Volume Profile Visualization :

- Shows horizontal volume bars indicating trading activity at each price level
- Displays total volume distribution between pivot points
3. 3.
Key Level Identification :

- POC (Point of Control) : Price level with highest trading volume
- VAH (Value Area High) : Upper boundary of the value area
- VAL (Value Area Low) : Lower boundary of the value area
- Value Area : Price range where a specified percentage (default 68%) of volume was traded
4. 4.
Customizable Display Options :

- Adjustable colors for all elements
- Multiple line styles (solid, dashed, dotted)
- Configurable line extensions
- Optional background fill for value areas
### How to Use:
1. 1.
Add to Chart : Apply the indicator to any timeframe chart
2. 2.
Configure Pivot Length : Adjust the "Pivot Point Left/Right Length" (default: 20 bars)
3. 3.
Customize Display : Enable/disable desired elements (POC, VAH, VAL, volume profile)
4. 4.
Set Value Area : Adjust the volume percentage for value area calculation (default: 68%)
5. 5.
Choose Extensions : Select how long lines should extend (until last bar, until crossed, etc.)
### Trading Applications:
- Support/Resistance : POC and value area boundaries often act as key support/resistance levels
- Volume Analysis : Identify where most trading activity occurred
- Market Structure : Understand price acceptance and rejection zones
- Entry/Exit Points : Use volume-based levels for trade planning
This indicator is particularly useful for volume-based trading strategies and understanding market microstructure at key pivot points.