The main advantages are the 1:1 price mappings that occur on this data generation as well as the auto mapping POC line!
The implementation is heavily different and therefore they both provide different uses
Overlay is better for current chart data being mapped up to 10 days minimum in most cases
As well as POC lines and soon High value areas
High value areas
Auto Tick Size
Publishing a fix to allow the code to work with stocks/ESM2021 as requested by a user.
You can now choose the timeframe in which the market profile is generated: 4H, Daily, Weekly and Monthly profiles!
*Bug fix, lettering will no longer crash when overloading, fixed with place holder chacter may try implement a different lettering solution soon.
Thank you guys keep smashing your trades everyone!
Here you can see the new naked POC implementation.
Showing the interaction Points / First tests of these naked POC's that led to bounces on ETH highlighted in green.
As well as the Market Profile displayed in the new minimal / mobile friendly mode!
Here you can see the new chart without prices included. As well as the dotted line which is the developing PoC, acts as good confluence for the trend direction and Dynamic S/R flips!
Added Value Area colouring, VAL and VAH lines.
Ability to disable the Value Area as a toggle!
As well as disable Historical VAL and VAH lines, if you do not need them for your trading style.
Optimization issues exist with VA calculation, will make a very big optimization patch soon hopefully! If you have chart timed out, click the eye to disable and again to re-enable fixes the issue usually, else try disable the VA till the patch comes out soon!
Furthermore working on a new drawing function soon to make the chart much cleaner to use whilst retaining most information!
Big optimization update!
Plus as seen above single print highlighting!
Naked PoC Color Highlighting + Open/Close indicators
Can be toggled off, customized! All the best!
In this update Ive provided the maximum possible data for Tradingview to work with!
You can use all data to get every detail, MP data for just the structure, or my personal favourite Levels only which gives up to 6 months worth of NPOC/VAL/VAH AND SP data!
Hope this helps with your trading!
Below you will see a composite of the profile create from the range made in the dump to 30k, May 19th onwards,
Shows a clear range with easy deviation range plays!
All the best more updates soon!
Fix, NPOCs disabled will show just the value of POC without glitch and cleans the chart up
As you can see from the image above single print areas are now naked, and can be used as targets for price to fill these inefficiencies.
By the way this is programmed, you can see very easily how often the market tends to fill these areas.
Finally releasing high resolution mode, enables lettering on illustration mode, providing a neater UI.
Better realtime open close indicator (default on can be disabled in the future)
POC VA line thickness chooser!
Providing an update! Offering a solution to include poor highs and lows in your Market Profile Chart
as well as Excess highlighting and differentiating from single prints!
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact spacemanbtc for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.
Website: https://www.spacemanbtc.com/ Lifetime: $1000 Yearly: $575 6 Months: $290 Monthly: $50 DM ON Twitter: @SpacemanBTC Youtube: SpacemanBTC
Warning: please read before requesting access.
Lifetime: $1000 Yearly: $575 6 Months: $290 Monthly: $50
DM ON Twitter: @SpacemanBTC Youtube: