Volume Profile Auto POC📌 Overview
Volume Profile Auto POC is a trend-following strategy that uses the automatically calculated Point of Control (POC) from the volume profile, combined with ATR zones, to capture reversals and breakouts.
By basing decisions on volume concentration, it dynamically visualizes the price levels most watched by market participants.
⚠️ This strategy is provided for educational and research purposes only.
Past performance does not guarantee future results.
🎯 Strategy Objectives
Automatically detect the volume concentration area (POC) to improve entry accuracy
Optimize risk management through ATR-based volatility adjustment
Provide early and consistent signals when trends emerge
✨ Key Features
Automatic POC Detection : Updates the volume profile over a defined lookback window in real time
ATR Zone Integration : Defines a POC ± 0.5 ATR zone to clarify potential reversals/breakouts
Visual Support : Plots the POC line and zones on the chart for intuitive decision-making
📊 Trading Rules
Long Entry:
Price breaks above the POC + 0.5 ATR zone
Volume is above average to support the breakout
Short Entry:
Price breaks below the POC - 0.5 ATR zone
Volume is above average to support the downside move
Exit (or Reverse Position):
Price returns to the POC area
Or touches the ATR band
⚙️ Trading Parameters & Considerations
Indicator Name: Volume Profile Auto POC
Parameters:
Lookback Bars: 50
Bins for Volume Profile: 24
ATR Length: 14
ATR Multiplier: 2.0
🖼 Visual Support
POC line plotted in red
POC ± 0.5 ATR zone displayed as a semi-transparent box
ATR bands plotted in blue for confirmation
🔧 Strategy Improvements & Uniqueness
This strategy is inspired by traditional Volume Profile + ATR analysis,
while adding the improvement of a sliding-window mechanism for automatic POC updates.
Compared with conventional trend-following approaches,
its strength lies in combining both price and volume perspectives for decision-making.
✅ Summary
Volume Profile Auto POC automatically extracts key market levels (POC) and combines them with ATR-based zones,
providing a responsive trend-following method.
It balances clarity with practicality, aiming for both usability and reproducibility.
⚠️ This strategy is based on historical data and does not guarantee future profits.
Always use proper risk management when applying it.
Indicators and strategies
CISD SDICT CISD SD – Manipulation Swing Standard Deviations for Change in State of Delivery
Overview:
The ICT CISD SD indicator is a professional ICT tool designed to define the Manipulation Swing and automatically plot its Standard Deviation levels. Focused on intraday ICT analysis, this script dynamically updates toward the current bar, giving traders precise visual guidance on key swing levels and projected targets.
Key Features:
Define ICT Manipulation Swing:
Set the start and end time to define the Manipulation Swing.
Choose your timezone for accurate ICT intraday tracking.
Automatically calculates the High, Low, and optional Equilibrium (EQ) level of the Manipulation Swing.
Dynamic ICT Manipulation Lines:
Plots High, Low, and optional EQ lines of the Manipulation Swing.
Lines update dynamically with each new bar.
Fully customizable line color, style (solid, dashed, dotted), and width.
Labels feature configurable text color, background color, transparency, size, and placement.
Optional left-side trimming keeps charts clean and readable.
Manipulation Swing Standard Deviation Levels:
Automatically plots Standard Deviation levels as multipliers of the Manipulation Swing range (0.5x to 4.5x by default).
Levels can be plotted up from the swing low or down from the swing high, giving probabilistic target areas or key support/resistance zones.
Customizable line and label styling for all Standard Deviation levels, including color, transparency, width, style, and size.
Optional Shading for Visual Clarity:
Shade areas between the Manipulation Swing and a chosen Standard Deviation level for easy visualization.
Customizable shading color and opacity.
Professional ICT Usability:
Designed for clarity and minimal chart clutter.
Stick labels to the right of the current bar for maximum readability.
Dynamically adjusts with new bars, keeping all Manipulation Swing lines and Standard Deviation levels up-to-date.
Ideal For:
ICT intraday traders analyzing Manipulation Swings for Change in State of Delivery.
Traders seeking visual Standard Deviation levels for breakout, reversal, or continuation strategies.
Analysts who want clean, professional charts with full control over Manipulation Swing and Standard Deviation visualization.
How It Works:
User defines the ICT Manipulation Swing time to identify the swing.
The script calculates the High, Low, and optional EQ of the swing.
Swing lines are drawn and dynamically updated.
Standard Deviation levels are plotted based on user-defined multipliers.
Optional shading can highlight areas from the Manipulation Swing to selected Standard Deviation levels.
Customization Options Include:
ICT Manipulation Swing time and timezone.
Line and label styling for Manipulation Swing and Standard Deviation levels.
Left-side trimming to reduce chart clutter.
Enable/disable EQ line, Standard Deviation levels, and shading.
Direction of Standard Deviation levels (up from low or down from high).
Multipliers and shading transparency for professional ICT charting.
Conclusion:
The ICT CISD StdDev indicator offers a complete, professional solution for ICT intraday analysis, allowing traders to define the Manipulation Swing and visualize its Standard Deviation levels dynamically, enhancing precision and clarity in real-time trading.
USD vs USDT Perp PremiumPerp Premiu. An indicator that analyzes the differences betweenvarious crypto price oracles
Color Sensors [AlgoNata]Color Sensors is a visual trading assistant that uses dynamic color-coded signals to help traders instantly recognize market conditions. By translating price behavior into simple colors, it makes trend direction, momentum strength, and potential reversal zones much easier to interpret at a glance.
TargetLine SNR [AlgoNata]TargetLine SNR is a trading tool that focuses on Support & Resistance (SNR) levels as the foundation of market structure analysis. It automatically identifies and plots significant levels where price has historically reacted, making it easier for traders to spot potential turning points or breakout zones.
Smart Price Action [AlgoNata]Smart Price Action is a price action–based indicator designed to help traders read market movements in a more structured and objective way. It combines candlestick analysis, price movement patterns, and key levels to generate more precise signals.
ColorSMAColorSMA Indicator – Description & Usage Guide
Overview
The ColorSMA indicator is a dynamic trend-following moving average designed to adapt to volatility and provide clearer visual cues for traders. Unlike a standard simple moving average (SMA), this tool applies a volatility filter using a standard deviation channel and then smooths the price before calculating the moving average.
The result is a single line on the chart that changes color depending on its trend direction:
Blue (Uptrend) – The moving average is rising compared to the previous bar.
Red (Downtrend) – The moving average is falling compared to the previous bar.
This visual coloring makes it easier to spot the trend direction at a glance.
How It Works
Baseline SMA
The script first calculates a classic SMA based on the selected Length (default = 9).
This baseline acts as the foundation of the indicator.
Volatility Filter (SD Channel)
A standard deviation multiplier is applied to create an upper and lower channel around the SMA.
If price moves outside this channel, it gets “clamped” back within the channel range.
This reduces noise and prevents false signals in highly volatile conditions.
Smoothed Price (Extra Smooth)
The filtered price is then smoothed with another SMA (default = 3).
This step makes the line cleaner and easier to interpret.
Trend Coloring
If the current smoothed SMA is higher than its previous value → the line is Blue.
If it is lower → the line is Red .
This simple but effective color-coding highlights trend shifts without cluttering the chart.
Inputs & Settings
Source: The price source used in the calculation (default = close).
Length: The SMA period length (default = 9).
Extra Smooth : Additional smoothing for the final line (default = 3). Lower values make it more responsive, higher values make it smoother.
Width (Volatility Filter – SD Channel): The multiplier applied to the standard deviation. Controls how wide the channel is (default = 0.3).
Length (Volatility Filter – SD Channel): The period for calculating standard deviation (default = 1).
What You See on the Chart
A single moving average line that changes color:
Blue (Up) = trend strength or bullish direction.
Red (Down) = trend weakness or bearish direction.
The line itself is already filtered through a volatility channel and smoothing, so it reacts to market conditions while reducing noise.
How to Use It
Trend Identification
Use the color changes (Blue/Red) to quickly identify short-term trend shifts.
Blue phases suggest bullish bias, Red phases suggest bearish bias.
Entry/Exit Guidance
Traders can align entries with the trend color (e.g., buy when it turns Blue, sell/short when it turns Red).
Combine with price action or other indicators for confirmation.
Volatility Filtering
Adjust the Width and SD Length parameters to tune how sensitive the indicator is to price fluctuations. Narrower channels give more signals; wider channels filter out more noise.
Smoothing Control
If you prefer faster reactions, lower the smoothing value.
If you want steadier signals, increase smoothing.
Summary
The ColorSMA is a visually enhanced moving average that adapts to volatility and simplifies trend detection. It is especially useful for traders who prefer:
Clean charts with minimal clutter.
Clear, color-coded signals for trend direction.
Flexibility to adjust responsiveness via smoothing and channel width.
This indicator is best used as a trend confirmation tool or combined with other strategies such as support/resistance, candlestick patterns, or oscillators for robust trade setups.
TTP ADXTTP ADX Indicator
Description:
A clean and simplified ADX (Average Directional Index) indicator that focuses solely on trend strength measurement. This indicator removes the traditional DI+ and DI- lines, displaying only the core ADX line for a cleaner chart appearance.
Key Features:
Pure ADX Focus: Displays only the ADX line without directional indicators
Customizable Parameters: Adjustable length (default: 14) and threshold level (default: 20)
Clean Interface: Minimal visual clutter with a single trend strength line
Professional Styling: Navy blue ADX line with dashed threshold reference
How to Use:
ADX values above the threshold (default 20) indicate strong trending conditions
ADX values below the threshold suggest weak or sideways market conditions
Rising ADX suggests increasing trend strength (regardless of direction)
Falling ADX indicates weakening trend strength
Technical Details:
Uses Wilder's smoothing method for accurate ADX calculation
Built on Pine Script v5 for optimal performance
Non-overlay indicator displayed in separate pane
Default settings: 14-period length, 20 threshold level
Ideal For:
Traders who want to focus purely on trend strength
Clean chart setups without directional bias
Confirming trend conditions for entry/exit strategies
Market strength analysis across all timeframes
This streamlined version provides the essential trend strength information without the visual complexity of directional movement lines, making it perfect for traders who prefer minimalist indicators.
macd color bar cryptosmartDescription
The MACD Color Bar CryptoSmart indicator is a visual trading tool designed to help traders quickly identify trend changes by coloring the chart's price bars based on MACD (Moving Average Convergence Divergence) signals.
Instead of looking down at the MACD panel, you can see the trend's momentum directly on your price chart, making it easier to spot potential entries and exits.
How It Works
The indicator monitors the MACD line and its signal line in the background.
Bullish Trend (Green Bars): When the MACD line crosses above the signal line, the price bars will turn green. This color persists, signaling that the momentum is currently bullish.
Bearish Trend (Red Bars): When the MACD line crosses below the signal line, the price bars will turn red. This color persists, indicating that the momentum has shifted to bearish.
This immediate visual feedback helps you stay aligned with the current trend as defined by the MACD.
How to Use
Trend Identification: Use the bar colors for a quick "at-a-glance" understanding of the prevailing trend. Green bars suggest an uptrend, while red bars suggest a downtrend.
Entry Signals: A color change from red to green can be seen as a potential bullish entry signal. Conversely, a change from green to red can suggest a potential bearish entry.
Confirmation: Use the bar colors to confirm signals from your primary trading strategy. For example, if you get a buy signal from another indicator, a green bar color adds confluence to your trade idea.
All MACD settings (Fast Length, Slow Length, Signal Length) and the bar colors are fully customizable in the indicator's settings menu.
MuLegend's Break & Retest Strategy That worksThank you all for checking this out! This indicator works best on the 1 minute time frame for both MNQ & NQ. ES & MES it also can work too to help you be a sniper. Hopefully you will like it!!!
VIX Price BoxVIX Price Box (Customizable Colors)
This indicator displays the current VIX (CBOE Volatility Index) value in a fixed box on the top-right corner of the chart. It’s designed to give traders a quick, at-a-glance view of market volatility without needing to switch tickers.
Features
Pulls the live VIX price and updates automatically on every bar.
Displays the value inside a table box that stays fixed in the top-right corner.
Threshold-based coloring: the text color changes depending on whether the VIX is below, between, or above your chosen threshold levels.
5 built-in color modes:
Custom mode – choose your own colors for low, medium, and high volatility zones.
Adjustable threshold levels, background color, and frame color.
Use Cases
Monitor overall market risk sentiment while trading other instruments.
Identify periods of low vs. high volatility at a glance.
Pair with strategies that rely on volatility (options trading, hedging, breakout setups, etc.).
Sudhir7
Will get Signals based on Supply and demand zones, with volumes and ema crossover as parameters.
Mouse Indicator Private V3.2The "Mouse Indicator Private" is a powerful Pine Script tool designed for XAU/USD (Gold) trading on the 1-minute (M1) timeframe. It incorporates a sophisticated set of conditions to identify potential trading opportunities, focusing on specific candlestick patterns and volume dynamics, combined with advanced capital management features.
Key Features:
1. Independent of Higher Timeframe Structure: Unlike many indicators, "Mouse Trader" operates effectively on the M1 timeframe without needing confirmation from larger timeframes. This means you get timely signals directly on the fast-moving Gold market.
2. Low Stop Loss, 1:1 Risk/Reward: This indicator is designed to identify positions with a tight, low stop loss, aiming for a 1:1 Risk-to-Reward ratio. This approach allows you to take trades with well-defined risk, maximizing your trading efficiency.
3. Opportunistic Trading: Signals are generated whenever conditions are met, giving you the flexibility to seize trading opportunities as they appear throughout the trading session.
Volume Analysis: Integrates a Volume Moving Average to spot significant volume spikes and increasing volume, adding confluence to signals.
4. Automated Capital Management: Provides real-time calculations for:
- Stop Loss (SL) Price: Dynamically calculated based on the low (for Buy signals) or high (for Sell signals) of the qualifying signal candle, aiding in risk control.
- Calculated Lot Size: Automatically determines the appropriate lot size based on your predefined risk amount per trade and the calculated stop-loss distance, helping you manage your exposure effectively.
Clean Chart View: Providing a cleaner and less cluttered visual experience.
Trend Line Break DetectorTrend line break detector that is open sourced anyone can build on it. It does not work as intended as of now.
Cozys Black Van CandlesDescription:
Cozys Black Van Candles is a versatile, fully customizable overlay indicator designed to visually highlight multiple key candle structures on your chart. It allows traders to track precise OHLC levels and midpoints for a series of user-defined candles, offering a clear visual representation of market action. The indicator is optimized for clarity, flexibility, and session-based analysis.
This indicator is inspired by the unique trading methodology of ᴵᶜᵗ 👑 Cøzy🦁Bæb¹⁷ 💚. It is designed to visually represent multiple candle bodies along with their open, high, low, and close (OHLC) levels, allowing traders to monitor key price zones and session dynamics. The tool also features a settlement-level overlay, which dynamically extends throughout the session, providing a clear reference for decision-making. With customizable colors, line styles, and label settings, this indicator offers flexibility for both analysis and chart readability, making it suitable for professional traders seeking precise visual cues and enhanced market awareness.
Key Features:
Multiple Candle Visualization: Plot multiple custom candles on your chart with independent toggles for each, allowing full control over which candles are displayed.
OHLC & Midpoint Levels: Each candle displays its Open, High, Low, Close, and Midpoint levels using dedicated lines for accurate reference.
Dynamic Boxes & Lines: Candle ranges are highlighted with semi-transparent boxes and lines that expand in real-time, providing clear visualization of active sessions and historical candle structure.
Session Expansion: Candle boxes and lines automatically extend throughout the session until a defined cutoff, ensuring continuous visual tracking of each candle’s range.
Customizable Styles & Colors: Users can fully customize the colors, line styles (solid, dotted, dashed), and widths of all OHLC lines, midpoints, and candle boxes for maximum chart readability.
Labeling: Each candle can be labeled at its midpoint with customizable text, background, and size, providing instant identification without cluttering the chart.
Independent PD-Like Settlement Candle: The indicator supports a special, session-based candle with fully independent OHLC and midpoint plotting, including dynamic expansion and labeling, without affecting main candle plots.
Timezone Support: All candles and session-based calculations respect a user-defined timezone, ensuring accurate plotting across different markets and trading sessions.
Replay & Real-Time Compatible: All plotted boxes, lines, and labels expand correctly in both real-time and replay mode, providing reliable historical analysis and session review.
Performance Optimized: Designed with efficient use of Pine Script objects to avoid conflicts and maximize chart responsiveness.
Flexible Session Reset: Main candles and session-based candles can reset automatically at the start of a new trading session for a clean chart display.
Use Cases:
Visualize key intraday candles for reference in scalping or day trading strategies.
Track precise OHLC and midpoint levels for multiple candles simultaneously.
Overlay session-based structures without interfering with price action.
Enhance chart readability with labeled candle ranges and dynamic boxes.
Highlights:
Plot multiple candles simultaneously with independent toggles.
Track precise OHLC and midpoint levels at a glance.
Dynamic boxes and lines expand through the session automatically.
Fully customizable colors, line styles, widths, and labels.
Session-based candle plotting without affecting main candles.
Works in real-time and replay mode.
Timezone-aware for accurate market session tracking.
Perfect for day traders, scalpers, and anyone who wants a clean, visual overview of intraday candle action!
[ACR+]EXPANSION DETECTION Expansion Detection is a price-action tool that spots true momentum expansions, distinguishes high-quality displacements (CISD), and flags wick-driven reversals—all in the context of internal market structure. It keeps your chart clean: only the trade-relevant signals are plotted; structure lines/labels are computed under the hood.
Signals on the chart
Expansion (non-CISD)
Bullish: ▲ triangle below bar (green)
Bearish: ▼ triangle above bar (red)
CISD (Change In State of Delivery) — expansion with displacement & quality filters
Bullish: ◆ diamond below bar (lime)
Bearish: ◆ diamond above bar (orange)
Reversal (wick-dominant + optional engulf)
Bullish: ● circle below bar (teal)
Bearish: ● circle above bar (purple)
The script automatically prefers CISD: if a bar qualifies as CISD, only the CISD mark is shown (not the plain Expansion).
How it works (under the hood)
Body vs Wick engine
Expansion when body dominates wick (Body/Wick > kBW) and body exceeds its average (Body > kBodyAvg × SMA(Body)).
Reversal when one wick is decisively larger than the body (pin-bar style) with optional engulf confirmation.
Structure context (internal)
Builds short/intermediate/long-term swings internally and checks BOS (Break of Structure) and liquidity sweeps around the latest IT levels for higher signal quality.
CISD filter
Expansion + displacement vs ATR (min body vs ATR)
Optional FVG (3-bar gap) confirmation
Optional BOS confirmation in the same direction
Optional previous Inside Bar requirement
EMA-RSI-ADX Trend Bands
📌 EMA-RSI-ADX Trend Bands (ERA Trend Bands)
🔥 Overview
The ERA Trend Bands indicator combines Exponential Moving Average (EMA), Relative Strength Index (RSI), and Average Directional Index (ADX) into a powerful multi-factor trend system.
It helps traders:
Identify trend direction (Bullish / Bearish)
Measure trend strength using EMA deviation bands
Confirm momentum with RSI & ADX filters
Visualize conditions with dynamic colors, labels, tables, and signals
⚡ Key Features
📍 EMA Trend Bands
EMA100 with gradient glow effect showing trend bias
Strength bands around EMA (Very Weak → Hyper levels)
Bands color-coded for bullish/bearish extremes
📊 RSI + ADX Confluence
Bullish Signal: RSI ≥ threshold & ADX ≥ threshold → 🟢
Bearish Signal: RSI ≤ threshold & ADX ≤ threshold → 🔴
Candles recolored when conditions are met
Auto-generated labels show live RSI/ADX values
🧩 Strength Levels
Classifies deviation from EMA into 8 levels:
Neutral → Very Weak → Weak → Moderate → Strong → Very Strong → Extreme → Hyper
Dashboard table shows deviation % ranges & strength colors
Dynamic labels display Trend, Strength, Deviation %, RSI & ADX
🎨 Visual Enhancements
Gradient EMA line with glow effect
Bullish (greens) & bearish (reds) vibrant palettes
Background coloring (optional) based on strength
Symbols & labels for entry confirmation
🎯 How to Use
Trend Direction – EMA color + deviation bands show whether market is bullish or bearish.
Strength Confirmation – Use strength labels & dashboard table to gauge overextension.
Entry Signals – Watch for RSI/ADX confluence (green/red labels on chart).
Exits – Monitor when strength fades back toward Neutral/Weak levels.
⚙️ Settings & Inputs
EMA Settings → Length, Line Width, Gradient Intensity
RSI Settings → Length & Thresholds (Bullish / Bearish)
ADX Settings → Length & Thresholds (Bullish / Bearish)
Bands → Enable/disable EMA deviation bands
Labels/Table → Toggle strength info display
Colors → Fully customizable vibrant palettes
🚨 Alerts & Signals
Bullish Condition → RSI & ADX above thresholds
Bearish Condition → RSI & ADX below thresholds
Visual confirmation with labels, candles, and background
⚠️ Disclaimer
This script is for educational purposes only.
It does not constitute financial advice.
Always backtest and use proper risk management before trading live.
✨ Add EMA-RSI-ADX Trend Bands (ERA Trend Bands) to your chart to trade with clarity, strength, and precision.
8, 21 & 50 EMA, 100 & 200 SMA Able to identify trends with key moving averages to enable you to make better informed trading decisions.
macd + stochastic cryptosmart## macd + stochastic cryptosmart
This indicator is a technical analysis tool designed to find high-probability trading signals by merging two of the most powerful oscillators: the MACD and the Stochastic.
The core strategy is not just to use each indicator separately, but to identify moments of confluence, where both send the same message. When a momentum signal from the MACD occurs while the Stochastic is in an extreme zone, the probability of a strong, sustained move increases significantly.
## The Confluence Logic: The Core Strategy ✨
The power of this indicator lies in the confirmation of signals. Instead of acting on a single clue, you wait for two experts to give you the same recommendation.
📈 High-Probability Buy Signal (Bullish Confluence)
A buy signal is considered especially strong when the following two conditions occur at nearly the same time:
Stochastic at an Extreme: The Stochastic oscillator is in the oversold zone (typically below 20), indicating that selling pressure may be exhausted and the price is "cheap."
MACD Crossover: The MACD line crosses above its signal line (a bullish crossover). This confirms that the market's momentum is beginning to shift in favor of the buyers.
The logic is: The Stochastic tells you when the market is ready for a potential bounce, and the MACD crossover gives you the confirmation that the bounce is starting with force.
📉 High-Probability Sell Signal (Bearish Confluence)
A high-quality sell signal occurs when:
Stochastic at an Extreme: The Stochastic is in the overbought zone (above 80), suggesting the asset may be overvalued and ready for a correction.
MACD Crossover: The MACD line crosses below its signal line (a bearish crossover). This confirms that momentum is turning negative.
The logic is: The Stochastic alerts you to a potential price "bubble," and the MACD crossover confirms that the bubble is beginning to deflate.
## Key Features
MACD Normalization: To make comparison easier, the indicator can normalize the MACD to the same 0-100 scale as the Stochastic. This allows you to view both oscillators in a similar context.
Smart Visualization:
The indicator's background changes color depending on whether the Stochastic is in an overbought, oversold, or neutral zone.
The "shadow" between the MACD lines is colored green or red to show you at a glance whether momentum is bullish or bearish.
In summary, this indicator doesn't reinvent the MACD or the Stochastic but integrates them in a smart, visual way so you can apply a confluence strategy more effectively, filtering out weak signals and focusing on those with the highest probability of success.
Volume Voids [theUltimator5]Volume Voids highlights price regions with no or unusually thin participation over a chosen lookback. It bins the lookback’s full price range into equal steps, assigns each bar’s close to a bin, and accumulates volume per bin. Contiguous runs of zero-volume bins are shown as “voids,” while low-volume runs (below a dynamic threshold) mark thin-liquidity “corridors” where price often traverses quickly when revisited.
An optional PoC (Point of Control) line marks the mid-price of the highest-volume bin—commonly treated as a recent “value” area that price may revisit.
What it draws on your chart
Histogram (optional): Right-anchored horizontal volume-by-price bars built from your lookback and bin count. Bars tint green→red via a simple delta proxy (up-bar volume minus down-bar volume) to hint at directional participation inside each price band.
Point of Control (optional): A horizontal line at the highest-volume bin’s mid-price (the PoC).
Zero-Volume Voids: Translucent boxes where no bin volume printed within the window (detected between the first and last non-empty bins ).
Low-Volume Zones: Translucent boxes where bin volume is below a dynamic threshold (see formula below), often acting like low-friction corridors.
How it works
Slice the lookback’s high→low into N equal price bins.
Assign each bar’s closing price to a bin and add that bar’s volume to the bin total. A simple up/down-bar delta proxy drives the histogram’s tinting.
PoC = bin with the maximum accumulated volume.
Zero-Volume Voids = contiguous runs of bins with exactly zero volume (bounded by the first/last occupied bins).
Low-Volume Zones = contiguous runs of bins with volume below:
threshold = total_window_volume ÷ (divisor × number_of_bins)
Lower divisor → more LV boxes; higher divisor → stricter/fewer boxes.
Note: This is a lightweight, chart-native approximation of a volume profile. Volume is binned by bar close (not by tick-level prints or intrabar distribution), so “voids”/“thin” areas reflect this approximation.
Key inputs
Lookback Period: Window for calculations.
Number of Volume Boxes (bins): Histogram resolution.
PoC / Show Histogram / Anchor to Right Side: Visibility and layout controls.
Low-Volume Threshold Divisor: Sensitivity for LV detection.
Colors & Labels: Customize zero-volume / low-volume box colors and optional labels with offsets.
How to use (educational, not signals)
Context: High-volume = acceptance; thin/zero-volume = inefficiency. Price often rotates near acceptance and moves faster through thin areas.
Revisits: On returns to prior voids/LV zones, watch for accelerated moves or fills; PoC can serve as a balance reference.
Confluence: Pair with trend tools (e.g., ADX), VWAP/session markers, or structure levels for timing and risk.
Limitations & performance
Bins use closing price only; intrabar distribution is not modeled.
Detections refresh on the live bar; visuals can be heavy on large lookbacks/high bin counts—reduce bins/lookback or hide labels if needed.