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Advanced VRP Heatmap Scanner [Volatility] (RP)

A sophisticated Volatility Range Profile (VRP) indicator that combines volatility analysis with heatmap visualization. This advanced tool tracks price distribution and volatility patterns across multiple levels, providing detailed insights into market volatility structure.

Key Features:
- Dynamic Volatility Profiling
- Real-time volatility distribution analysis
- High/Low volatility zone identification
- Multi-level price distribution tracking
- Sharp transition detection

- Advanced Heatmap Visualization
- Color-coded volatility intensity
- Peak and dip visualization
- Customizable color schemes
- Optional heatmap scale display

- Comprehensive Analysis Tools
- Volatility dips and peaks detection
- Distribution line tracking
- Sharp transition points
- ATR-based volatility measurement

Visual Components:
✓ Volatility Profile Display
✓ Dynamic Heatmap
✓ Distribution Line
✓ Volatility Dip Lines
✓ Volatility Peak Lines
✓ Sharp Transition Markers
✓ Range Labels

Customization Options:
- Lookback period (up to 5000 bars)
- Number of profile rows (up to 150)
- Profile width and positioning
- Color schemes for all components
- Opacity levels for visualization
- Threshold settings for signals

Perfect For:
- Volatility breakout trading
- Range identification
- Support/Resistance analysis
- Market structure analysis
- Volume profile trading
- Trend reversal detection
- Swing trading setups

This indicator helps traders identify key volatility zones, potential reversal points, and significant market structure levels through advanced visualization techniques and comprehensive volatility analysis.
Average True Range (ATR)Historical VolatilityVolume Profile

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