PVP | Key Levels: Free TradingView Indicator (Pine Script)

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

PVP | Key Levels distributes each bar's volume across profile rows using a selected periodic timeframe, row count, value-area percentage, placement, and width. Optional drawings include profile and value-area backgrounds, previous period levels, developing point-of-control and value-area paths, and markers for point-of-control crosses and touches. It is an overlay, and the supplied risk reading notes lookahead.

Periodic volume profile histogram
Point of control with extend option
Value area high and low
Developing POC, VAH and VAL paths
POC cross and touch markers

Details

Published by

abbaselmas on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

Abbas3.pine

Repository

github.com/abbaselmas/tradingview-indicator-combination. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Periodic Timeframe	`timeframe`	`W`	`periodic_tf`
Volume Profile (Common Interest)	`bool`	`true`	`volumeProfile`
totalVolumeColor	`color`	`color.new(color.orange, 50)`	`totalVolumeColor`
vaVolumeColor	`color`	`color.new(color.gray, 50)`	`vaVolumeColor`
Value Area Volume %	`float`	`68`	`isValueArea`
Number of Rows	`int`	`200`	`profileLevels`
Placement	`string`	`Left`	`profilePlacement`
Profile Width %	`int`	`50`	`profileWidth`
Point of Control (PoC)	`bool`	`true`	`pointOfControl`
pocColor	`color`	`color.new(color.red, 0)`	`pocColor`
Width	`int`	`2`	`pocWidth`
Extend Point of Control (PoC)	`string`	`Until Bar Touch`	`pocExtend`

Show all 40 settings

Setting	Type	Default	Variable
Value Area High (VAH)	`bool`	`false`	`valueAreaHigh`
vahColor	`color`	`color.new(color.blue, 0)`	`vahColor`
Value Area Low (VAL)	`bool`	`false`	`valueAreaLow`
valColor	`color`	`color.new(color.blue, 0)`	`valColor`
Background Fill of Value Area (VA)	`bool`	`false`	`vaBackground`
vaBackgroundColor	`color`	`color.new(color.blue, 90)`	`vaBackgroundColor`
Background Fill of Profile Range	`bool`	`false`	`backgroundFill`
backgroundColor	`color`	`color.new(color.blue, 95)`	`backgroundColor`
Show POC Crosses	`bool`	`true`	`show_cross`
Show POC Touches	`bool`	`true`	`show_touch`
Show Previous POC, VAH, VAL	`bool`	`false`	`show_previous`
Show Developing Profile	`bool`	`false`	`show_dvp`
└ Show Developing POC path	`bool`	`false`	`show_dpoc`
dpoc_col	`color`	`color.yellow`	`dpoc_col`
└ Show Developing VAH path	`bool`	`false`	`show_dvah`
dvah_col	`color`	`color.aqua`	`dvah_col`
└ Show Developing VAL path	`bool`	`false`	`show_dval`
dval_col	`color`	`color.aqua`	`dval_col`
Display Style	`string`	`Standard`	`displayStyle`
Merge Levels?	`bool`	`true`	`mergebool`
Distance	`int`	`30`	`distanceright`
Anchor Distance	`int`	`250`	`radistance`
Text Size	`string`	`Medium`	`labelsize`
Line Width	`string`	`Small`	`linesize`
Line Style	`string`	`Solid`	`linestyle`
Global Text ShortHand	`bool`	`true`	`GlobalTextType`
Global Coloring	`bool`	`false`	`globalcoloring`
GlobalColor	`color`	`color.white`	`GlobalColor`

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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