PROTECTED SOURCE SCRIPT
Updated Weekly Volume Profile -Previous Week Projected into Current Week
This indicator displays the Volume Profile of the previous week projected into the current week. It calculates the Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) based on the weekly volume distribution. Lines are extended to the right to provide a reference for the current week's trading. Optional small labels show PWPOC, PWVAH, and PWVAL. Ideal for traders who want to track key levels from the previous week and use them as support/resistance in the current week.
Features:
Customizable number of price bins
Adjustable Value Area percentage
POC, VAH, and VAL lines projected forward
Optional minimal labels for each level
Resets every week on Sunday 22:00 UTC
Features:
Customizable number of price bins
Adjustable Value Area percentage
POC, VAH, and VAL lines projected forward
Optional minimal labels for each level
Resets every week on Sunday 22:00 UTC
Release Notes
This indicator displays the Volume Profile of the previous week projected into the current week. It calculates the Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) based on the weekly volume distribution. Lines are extended to the right to provide a reference for the current week's trading. Optional small labels show PWPOC, PWVAH, and PWVAL. Ideal for traders who want to track key levels from the previous week and use them as support/resistance in the current week.Features:
Customizable number of price bins
Adjustable Value Area percentage
POC, VAH, and VAL lines projected forward
Optional minimal labels for each level
Resets every week on Sunday 22:00 UTC
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.