PROTECTED SOURCE SCRIPT
SAPSAN TRADE: Retail Power Profile
SAPSAN TRADE: Retail Power Profile
Description:
The Retail Power Profile [Fixed Range] indicator visualizes retail buying and selling activity over a fixed analysis period. It calculates the cumulative Retail Power (RP) based on volume and price movement, highlighting areas of strong bullish or bearish activity.
Key Features:
Displays Retail Power Profile on the chart with customizable resolution.
Highlights Point of Control (POC) — the price level with the highest retail activity.
Adjustable analysis period for flexible historical data observation.
Color-coded for bullish (green) and bearish (red) retail power.
Optional labels for profile levels to quickly identify significant zones.
Dynamic visualization that updates with each new bar.
Settings:
Show Retail Power Profile: Toggle the profile display on or off.
Analysis Period (bars): Set the number of bars to calculate the profile.
Resolution: Choose the number of price levels in the profile.
Bull/Bear Colors: Customize colors for positive (bullish) and negative (bearish) RP.
Show POC / POC Color: Display the Point of Control and customize its color.
Use Cases:
Identify price levels with strong retail buying or selling pressure.
Detect potential support and resistance zones based on retail activity.
Enhance trading decisions by visualizing retail behavior within a fixed range.
Notes:
This indicator is suitable for intraday and swing trading.
The RP values are calculated based on volume and price direction.
Description:
The Retail Power Profile [Fixed Range] indicator visualizes retail buying and selling activity over a fixed analysis period. It calculates the cumulative Retail Power (RP) based on volume and price movement, highlighting areas of strong bullish or bearish activity.
Key Features:
Displays Retail Power Profile on the chart with customizable resolution.
Highlights Point of Control (POC) — the price level with the highest retail activity.
Adjustable analysis period for flexible historical data observation.
Color-coded for bullish (green) and bearish (red) retail power.
Optional labels for profile levels to quickly identify significant zones.
Dynamic visualization that updates with each new bar.
Settings:
Show Retail Power Profile: Toggle the profile display on or off.
Analysis Period (bars): Set the number of bars to calculate the profile.
Resolution: Choose the number of price levels in the profile.
Bull/Bear Colors: Customize colors for positive (bullish) and negative (bearish) RP.
Show POC / POC Color: Display the Point of Control and customize its color.
Use Cases:
Identify price levels with strong retail buying or selling pressure.
Detect potential support and resistance zones based on retail activity.
Enhance trading decisions by visualizing retail behavior within a fixed range.
Notes:
This indicator is suitable for intraday and swing trading.
The RP values are calculated based on volume and price direction.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.