Some instruments does not provide any volume information, therefore, as a fixed volume profile user, I needed a fixed market profile indicator to use the same principles, regardless of whether the volumes are available or not.
This script draws a market profile histogram corresponding to price variations within a specific duration, you only need to specify Start and End date/time values to see the histogram on your chart.
Details
Two lines corresponding to highest/lowest prices are displayed around the histogram
The redline corresponds to the POC (point of control)
Options * Start calculation * End calculation * Bars number (histogram resolution, currently locked to a max value of 50 bars) * Display side/Width (allows to modify size of bars, to the left or to the right) * Bars/Borders/POC Color customization
Notes
This script will probably be updated (to add VAH/VAL zones, and maybe other options). However, some common market profile attributes have not been implemented yet since I don't really use them)
ملاحظات الأخبار
New update with some new options
You can now use 200 bars within a market profile area
A Heat color feature has been added with customization params
A background color can be added to the MP area (enabled by default)
ملاحظات الأخبار
Update:
the POC line can be extended to the right (disabled by default)
ملاحظات الأخبار
Update:
Lowest price line fixed
ملاحظات الأخبار
Updates:
You can now enable/disable histogram, POC, high/low lines and background
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.
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