Accumulation Map [LuxAlgo]

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The Accumulation Map is a charting tool that tracks traded volume across all price levels within a specified period.

It highlights the relationship between an asset's price and traders' willingness to buy or sell, helping to identify accumulation zones.

These zones represent areas of significant trading activity and provide insights into potential support and resistance levels. The indicator displays these zones using a heatmap, offering a clear, visual representation of market sentiment and activity based on volume.

🔶 USAGE



The Accumulation Map shows the distribution of traded volume across different price levels over a specific period. The volume nodes are displayed as color gradients, each reflecting the accumulation level (trading activity) at that price range.



The heatmap visually represents accumulation areas on the chart with color gradients. This visualization helps traders easily spot areas of significant interest and potential support or resistance levels within the market.



Metric Display controls how accumulation metrics appear on the chart. Options include Level Value Ratio, Level Value Proportion, Combined View, or None.



Color Theme allows users to switch between different color themes.



🔶 SETTINGS

The script includes user-defined parameters to customize profiles. Each input in the indicator settings is provided with a tooltip explaining its usage.

🔹 Accumulation Map

• Accumulation Map | Heatmap: Toggles the visibility of the Accumulation Profile | Heatmap.
  
• Metric Display: Controls how accumulation metrics are displayed on the chart.
  
• Color Theme: Switches between different color themes.
  

🔹 Style & Settings

• High Accumulation Color and Threshold: Customize the color for zones with high accumulation, and set the percentage threshold for high accumulation areas (recommended 50%–99%).
  
• Average Accumulation: Define the color for zones with average accumulation.
  
• Low Accumulation: Customize the color for zones with low accumulation, with a threshold range of 10%–40%.
  
• Number of Rows: Specify the number of rows the accumulation map will display.
  
• Horizontal Offset: Controls the horizontal offset of the map relative to the most recent bar.
  
• Profile Width (bars): Sets the profile width in bars.
  
• Extend Calculation To The Right: Extends the calculation to the most recent bar
  
• Anchor Points: Set the first and second anchor points for the map.
  

🔶 RELATED SCRIPTS

• Money-Flow-Profile