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 (Free) marks the point of control and the value area high and low using an adjustable value area percentage, with settings for row count, width and colors. An option splits each row into up and down volume. An accurate mode spreads volume using lower-timeframe candles, with a fallback beyond the data limit. It estimates from candle data, not tick data.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Lookback bars
int
200
lookback
Profile rows
int
50
numRows
Value Area %
float
70
vaPercent
Profile width (bars)
int
60
profWidth
Split buy/sell volume
bool
false
showSplit
Extend POC/VAH/VAL left across lookback
bool
true
extendLines
Accurate mode (intrabar data)
bool
false
useIntrabar
Profile
color
color.new(color.blue, 70)
colProfile
Value Area
color
color.new(color.orange, 55)
colVA
Buy volume
color
color.new(color.teal, 60)
colBuy
Sell volume
color
color.new(color.red, 60)
colSell
POC line
color
color.red
colPOC
Show all 13 settings
Setting
Type
Default
Variable
VAH/VAL lines
color
color.orange
colVAline
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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