OPEN-SOURCE SCRIPT
Zaktualizowano X rVPoC
Overview
The rVPoC indicator isolates and displays the Volume Point of Control — the price level within a chosen lookback window that has accumulated the highest traded volume.
Unlike typical volume profiles that analyze an entire session or day, this version is designed for rolling intraday precision. It continually updates the VPoC using data from a lower “zoomed-in” timeframe (e.g., 1-minute) to refine accuracy, even when viewed on higher-timeframe charts.
How It Works
At its core, the indicator “zooms in” via Pine Script’s multi-timeframe engine:
Lower timeframe aggregation:
A secondary (zoomed) timeframe — by default 1-minute — is used to pull detailed OHLCV data through request.security().
Rolling window analysis:
The user-defined bars_per_current parameter determines how many of those lower-timeframe bars to include (e.g., 15 → a 15-minute rolling window).
Volume binning:
The high-to-low range of that window is divided into evenly spaced price bins (vp_price_levels). Each bin accumulates the volume of trades overlapping its range.
Point of Control selection:
The bin with the greatest accumulated volume is located, and its volume-weighted midpoint is plotted as the VPoC.
Visual output:
Discrete line-break markers are plotted for each bar, preventing the “connecting line” distortions common in continuous plots.
Use Case
This indicator is ideal for intraday traders who want to:
Track how the most active traded price shifts over time.
Identify short-term value zones forming within a 15-minute (or custom) rolling range.
Observe micro-structure behavior during developing sessions without committing to full volume profile tools.
Overlay a lightweight VPoC on top of other tools such as open-range or VWAP-based frameworks.
It is particularly effective on 1-minute and 5-minute charts, providing a granular yet efficient measure of volume concentration that updates bar-by-bar.
Summary
The VPoC indicator delivers a continuously updating micro-profile of where trading volume is most active within a chosen intraday window.
It’s designed to complement range, VWAP, and order-flow analysis by highlighting evolving value zones without visual clutter or session-anchoring logic.
Traders can interpret shifts in the VPoC as changes in short-term control — where buyers or sellers are concentrating their activity within the evolving price structure.
The rVPoC indicator isolates and displays the Volume Point of Control — the price level within a chosen lookback window that has accumulated the highest traded volume.
Unlike typical volume profiles that analyze an entire session or day, this version is designed for rolling intraday precision. It continually updates the VPoC using data from a lower “zoomed-in” timeframe (e.g., 1-minute) to refine accuracy, even when viewed on higher-timeframe charts.
How It Works
At its core, the indicator “zooms in” via Pine Script’s multi-timeframe engine:
Lower timeframe aggregation:
A secondary (zoomed) timeframe — by default 1-minute — is used to pull detailed OHLCV data through request.security().
Rolling window analysis:
The user-defined bars_per_current parameter determines how many of those lower-timeframe bars to include (e.g., 15 → a 15-minute rolling window).
Volume binning:
The high-to-low range of that window is divided into evenly spaced price bins (vp_price_levels). Each bin accumulates the volume of trades overlapping its range.
Point of Control selection:
The bin with the greatest accumulated volume is located, and its volume-weighted midpoint is plotted as the VPoC.
Visual output:
Discrete line-break markers are plotted for each bar, preventing the “connecting line” distortions common in continuous plots.
Use Case
This indicator is ideal for intraday traders who want to:
Track how the most active traded price shifts over time.
Identify short-term value zones forming within a 15-minute (or custom) rolling range.
Observe micro-structure behavior during developing sessions without committing to full volume profile tools.
Overlay a lightweight VPoC on top of other tools such as open-range or VWAP-based frameworks.
It is particularly effective on 1-minute and 5-minute charts, providing a granular yet efficient measure of volume concentration that updates bar-by-bar.
Summary
The VPoC indicator delivers a continuously updating micro-profile of where trading volume is most active within a chosen intraday window.
It’s designed to complement range, VWAP, and order-flow analysis by highlighting evolving value zones without visual clutter or session-anchoring logic.
Traders can interpret shifts in the VPoC as changes in short-term control — where buyers or sellers are concentrating their activity within the evolving price structure.
Informacje o Wersji
clean up settingsInformacje o Wersji
clean up of settingsInformacje o Wersji
control over precision elementInformacje o Wersji
clean upInformacje o Wersji
changed wording in settings and added tool tip for clarity as to how it operates in real time versus what you see in historical values Informacje o Wersji
fixed code for when developing TF is greater than visual. Informacje o Wersji
when using higher TF have to reduce days to precision else will get a run time errorInformacje o Wersji
minor clean upSkrypt open-source
W duchu TradingView twórca tego skryptu udostępnił go jako open-source, aby traderzy mogli analizować i weryfikować jego funkcjonalność. Brawo dla autora! Możesz korzystać z niego za darmo, ale pamiętaj, że ponowna publikacja kodu podlega naszym Zasadom Społeczności.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Skrypt open-source
W duchu TradingView twórca tego skryptu udostępnił go jako open-source, aby traderzy mogli analizować i weryfikować jego funkcjonalność. Brawo dla autora! Możesz korzystać z niego za darmo, ale pamiętaj, że ponowna publikacja kodu podlega naszym Zasadom Społeczności.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.