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
Volume profile distributes volume, or open-interest change when that data type is selected, across price rows and plots the point of control plus optional value-area high and low. Resolution, value-area percentage, smoothing, and line colors and widths control the profile. Lower-timeframe bars refine the distribution. It does not generate trade signals or manage positions.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Session Type
string
Daily
sessionType
Show POC
bool
true
showPoc
Show VAH and VAL
bool
true
showVA
Resolution
int
30
resolution
Value Area Volume %
int
70
VAwid
Profile Data Type
string
Volume
volType
Smooth Volume Data
bool
false
smoothVol
POC
color
color.red
pocCol
Thickness
int
1
pocWid
VAH
color
color.aqua
vahCol
Thickness
int
1
vahWid
VAL
color
color.aqua
valCol
Show all 13 settings
Setting
Type
Default
Variable
Thickness
int
1
valWid
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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