OPEN-SOURCE SCRIPT
Fixed Range Volume Profile

"Distribution of transaction volume by price group (transaction volume by price block)"
Instructions for use (Professional Manual)
1. a basic concept
By vertical axis (price), shows the cumulative trading volume traded in the segment.
The longer the block, the more transactions took place in that price range.
Colors distinguish between buying/selling strength (green = buying advantage, red = selling advantage).
2. Key components
POC (Point of Control)
→ Longest block (most traded price segment, "key selling point").
VAH / VAL (Value Area High/Low)
→ Top/bottom segments where approximately 70% of the total volume is formed.
→ Role of "Major Support/Resistance".
High Capacity Node (HVN)
→ Significantly higher trading volumes → strong support/resistance.
Low Volume Node (LVN)
→ Low volume section → areas where prices are easily passed.
3. practical application
Find Support/Resistance
The thickest block (POC) is used as a place where prices often rebound/resist.
a trading entry/liquidation strategy
Buy if the price is supported near HVN,
When breaking through the LVN, fast movement (gap movement) can be expected.
break/goal setting
Finger = Under the LVN,
Target = Next HVN.
Judgment of trends
When the block distribution is concentrated above, "Increase to Collection Section"
If you're driven below, you're "in a downtrend to a variance section."
4. Precautions
The volume distribution is "past data based" and is not an indicator of the future.
Rather than using it alone, it is more effective to combine with Fibonacci, trend lines, and candle patterns.
In particular, in the volatile market, the LVN breakthrough → may signal a surge/fall.
In summary, this block indicator is "a map showing the most market participants at any price point".
In other words, it is useful for finding support/resistance as a tool for analyzing sales and establishing the basis for trading strategies.
Instructions for use (Professional Manual)
1. a basic concept
By vertical axis (price), shows the cumulative trading volume traded in the segment.
The longer the block, the more transactions took place in that price range.
Colors distinguish between buying/selling strength (green = buying advantage, red = selling advantage).
2. Key components
POC (Point of Control)
→ Longest block (most traded price segment, "key selling point").
VAH / VAL (Value Area High/Low)
→ Top/bottom segments where approximately 70% of the total volume is formed.
→ Role of "Major Support/Resistance".
High Capacity Node (HVN)
→ Significantly higher trading volumes → strong support/resistance.
Low Volume Node (LVN)
→ Low volume section → areas where prices are easily passed.
3. practical application
Find Support/Resistance
The thickest block (POC) is used as a place where prices often rebound/resist.
a trading entry/liquidation strategy
Buy if the price is supported near HVN,
When breaking through the LVN, fast movement (gap movement) can be expected.
break/goal setting
Finger = Under the LVN,
Target = Next HVN.
Judgment of trends
When the block distribution is concentrated above, "Increase to Collection Section"
If you're driven below, you're "in a downtrend to a variance section."
4. Precautions
The volume distribution is "past data based" and is not an indicator of the future.
Rather than using it alone, it is more effective to combine with Fibonacci, trend lines, and candle patterns.
In particular, in the volatile market, the LVN breakthrough → may signal a surge/fall.
In summary, this block indicator is "a map showing the most market participants at any price point".
In other words, it is useful for finding support/resistance as a tool for analyzing sales and establishing the basis for trading strategies.
סקריפט קוד פתוח
ברוח TradingView אמיתית, היוצר של הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יכולים לבדוק ולאמת את הפונקציונליות שלו. כל הכבוד למחבר! למרות שאתה יכול להשתמש בו בחינם, זכור שפרסום מחדש של הקוד כפוף לכללי הבית שלנו.
🚀
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xxxbit.net/volume_rank.php Volume Rank ⚙️
xxxbit.net/pulse_trader.php Scope Link ⚙️
t.me/xxxbit_net
xxxbit.net/scope_link.php Pulse Trader ⚙️
xxxbit.net/volume_rank.php Volume Rank ⚙️
xxxbit.net/pulse_trader.php Scope Link ⚙️
t.me/xxxbit_net
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
סקריפט קוד פתוח
ברוח TradingView אמיתית, היוצר של הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יכולים לבדוק ולאמת את הפונקציונליות שלו. כל הכבוד למחבר! למרות שאתה יכול להשתמש בו בחינם, זכור שפרסום מחדש של הקוד כפוף לכללי הבית שלנו.
🚀
xxxbit.net/scope_link.php Pulse Trader ⚙️
xxxbit.net/volume_rank.php Volume Rank ⚙️
xxxbit.net/pulse_trader.php Scope Link ⚙️
t.me/xxxbit_net
xxxbit.net/scope_link.php Pulse Trader ⚙️
xxxbit.net/volume_rank.php Volume Rank ⚙️
xxxbit.net/pulse_trader.php Scope Link ⚙️
t.me/xxxbit_net
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.