This overlay indicator draws a fixed-range volume profile on the price chart, splitting traded activity into up and down volume at each price level. It also plots a sentiment profile, a developing point of control, and value-area high and low around a configur
Indicator · Pine Script v6 · On the chart
Multi-Distribution Volume Profile (Zeiierman)
Multi-Distribution Volume Profile calculates and plots a volume profile anchored to the price chart using statistical distributions or bar-weighting models, such as Gaussian, PERT, Cauchy, or range-based modes.
GitHub stars7on the repository
Pine versionv6current
Lines of code743
Settings14inputs
LicenceNone stated
Last update3 months ago24 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Multi-Distribution Volume Profile (Zeiierman) distributes volume across price levels over a specified lookback window and highlights a central value area band. Users can position the profile on the left, right, top, or bottom of the chart and customize visual gradients, row opacities, and decay metrics. As new bars develop, the profile continuously updates to reflect the latest historical lookback data.
- Multiple statistical volume distribution modes
- Customizable lookback window and price levels
- Flexible profile positioning on any chart side
- Central value area band highlighting
- Freshness and gradient opacity fading
Details
Published by
eddiebelaval on GitHub
Code credit
Zeiierman {, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Volume, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Profile Build Mode | string | Gaussian Center | profileMode |
| Bars Included | int | 240 | barsLookbackIn |
| Price Levels | int | 250 | levelsIn |
| Anchor Side | string | Right Side | sideChoice |
| Offset (bars) | int | 100 | edgeOffsetBars |
| Apply Gradient | bool | true | useGradient |
| Fade Metric | string | Freshness | fadeMode |
| Decay | float | 0.99 | freshDecay |
| Profile Thickness | float | 40.0 | thicknessPctIn |
| Center of Profile (%) | float | 68.0 | centerBandPctIn |
| Bullish | color | color.new(#1e88e5, 25) | colBandUp |
| Bearish | color | color.new(#ffb300, 25) | colBandDn |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Bullish | color | color.new(#616161, 50) | colBodyUp |
| Bearish | color | color.new(#cfd8dc, 55) | colBodyDn |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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