TAC Volume Profile Intraday

From the Idea of the Bull & Bear indicator Volume-by-Price levels

The volume Profile or “volume levels in horizontal” are represented by a two-dimensional axis, between price and volume.

The areas of acceptance (HVN “High Volume Node”) are areas with a high volume there is harmony between supply and demand, bought and sellers.

The areas of rejection (LVN “Low Volume Node”) are areas with very little volume and no acceptance there is no harmony between supply and demand.

HVN: The price spends more time in these levels and higher volume areas.

LVN: The price is rejected by the low volume in these levels serve as supports and resistance.

////Configuration

DPVP : Number of Volume Profiles that we can include, Recommanded (8)

Subasta: Auction : cancel auction

VWAP: Several VWAPs are attached with different temporalities that mark their supports and resistances.

PVP: cancels the profile Volume of the Graph

If subasta=1 then
 b=close > low and volume > high
 ce=close < high and volume > low
 if b or ce then
  volp=volume
 else
  volp=0
 endif
endif
if subasta=0 then
 volp=volume
endif

if intradaybarindex=0 then
 if max(1, intradaybarindex) then
  startbar=barindex
  hh=high
  ll=low
 endif
endif


if high>hh then
 hh = high
 idate = date[DPVP]
endif

if low<ll or ll=0 then
 ll = low
 idate = date[DPVP]
endif

div = (hh-ll)/10
i=0
volsum=summation[300](volp)
while i<10 do
 lrange=ll+div*i
 hrange=lrange+div
 volbull=0
 for j = 1 to 300 do
  if close[j]>=lrange and close[j]<=hrange then
   if close[j]>open[j] then
    volbull=volbull+volp[j]
   else
    volbull=volbull+volp[j]
   endif
  endif
 next

 bullbar = round((volbull*300)/volsum)*2

 if PVP=1 then
  if  today-idate<DPVP then
   drawrectangle(startbar,(hrange+lrange)/2,startbar+bullbar,(hrange+lrange)/2) coloured(0,100,200,20)
  endif
 endif


 i=i+1
wend


//////////////////////////////////////////////////////////
//////////////////////////////////////////////////////////
//////////////////////////////////////////////////////////
//Zone VWWAP

hlc2 = (high+low)/2
if day<>day[1] then
 vwapsum =hlc2*volp
 volumesum=volp
else
 vwapsum= (vwapsum[1]+hlc2*volp)
 volumesum= (volumesum[1]+volp)
endif

myvwap = vwapsum/volumesum

if close>myvwap[1] then
 r=0
 g=128
 b=0
else
 r=128
 g=0
 b=0

endif


starta= Hour>9
pva=hlc2*volp

if starta then
 flaga=1
 startvolp=cumsum(volp)
 startpva=cumsum(pva)
endif

if startvolp=0 then
 demona=1
else
 demona=cumsum(volp)-startvolp
endif
if flaga then
 sr=(cumsum(pva)-startpva)/demona
else
 sr=undefined
endif

if close>sr[1] then
 ra=102
 ga=102
 ba=102
else
 ra=102
 ga=102
 ba=102
endif


If vwap=1 then
 r=r
 g=g
 b=b
 a=255
else
 r=0
 g=128
 b=0
 a=0
endif

if VWAP=1 then
 ra=ra
 ga=ga
 ba=ba
 a=255
else
 r=0
 g=128
 b=0
 a=0
endif


return myvwap coloured (r,g,b,a) style(point,2)  as "CTVWAP Intradia",sr coloured (ra,ga,ba,a) style(point,3) as "VWAP SR Dinamic"

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If subasta=1 then

b=close > low and volume > high

ce=close < high and volume > low

if b or ce then

volp=volume

else

volp=0

endif

if subasta=0 then

volp=volume

endif

if intradaybarindex=0 then

if max(1, intradaybarindex) then

startbar=barindex

hh=high

ll=low

endif

if high>hh then

hh = high

idate = date[DPVP]

endif

if low<ll or ll=0 then

ll = low

idate = date[DPVP]

endif

div = (hh-ll)/10

i=0

volsum=summation[300](volp)

while i<10 do

lrange=ll+div*i

hrange=lrange+div

volbull=0

for j = 1 to 300 do

if close[j]>=lrange and close[j]<=hrange then

if close[j]>open[j] then

volbull=volbull+volp[j]

else

volbull=volbull+volp[j]

endif

bullbar = round((volbull*300)/volsum)*2

if PVP=1 then

if today-idate<DPVP then

drawrectangle(startbar,(hrange+lrange)/2,startbar+bullbar,(hrange+lrange)/2) coloured(0,100,200,20)

endif

i=i+1

wend

//////////////////////////////////////////////////////////

//Zone VWWAP

hlc2 = (high+low)/2

if day<>day[1] then

vwapsum =hlc2*volp

volumesum=volp

else

vwapsum= (vwapsum[1]+hlc2*volp)

volumesum= (volumesum[1]+volp)

endif

myvwap = vwapsum/volumesum

if close>myvwap[1] then

r=0

g=128

b=0

else

r=128

g=0

b=0

endif

starta= Hour>9

pva=hlc2*volp

if starta then

flaga=1

startvolp=cumsum(volp)

startpva=cumsum(pva)

endif

if startvolp=0 then

demona=1

else

demona=cumsum(volp)-startvolp

endif

if flaga then

sr=(cumsum(pva)-startpva)/demona

else

sr=undefined

endif

if close>sr[1] then

ra=102

ga=102

ba=102

else

ra=102

ga=102

ba=102

endif

If vwap=1 then

r=r

g=g

b=b

a=255

else

r=0

g=128

b=0

a=0

endif

if VWAP=1 then

ra=ra

ga=ga

ba=ba

a=255

else

r=0

g=128

b=0

a=0

endif

return myvwap coloured (r,g,b,a) style(point,2) as "CTVWAP Intradia",sr coloured (ra,ga,ba,a) style(point,3) as "VWAP SR Dinamic"

volume volume profile volumes

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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TAC Bolsa • 03/15/2019 #
It is recommended to use this indicator in Low temporalities.
Between 1 Minute and Maximum 30 Minutes

marcov66 • 03/15/2019 #
Hi, thanks for this useful indicator! I´ve just a quick question. Is it comparable with the Market/Volume profile? The outcome/information are the same? Thanks for your feedback Marco
- TAC Bolsa • 03/15/2019 #
  345/5000
  It is the same as a market profile or a volume profile.
  
  The only difference with the Volume or Markert profile is that it does not collect the price blocks … but everything will move …
  
  You have to see them in composite mode or in their context,
  Areas of high or low volume are clearly visible.
  
  Here you have a link of how it is interpreted.
  
  https://www.tiburonesdealetacorta.com/2018/11/tac-volumen-profile-intradia.html

marcov66 • 03/15/2019 #
Great ! Thanks a lot. Marco

Juanjo • 03/15/2019 #
Como siempre un trabajo brillante, Gracias por el aporte.
- TAC Bolsa • 03/15/2019 #
  Gracias Juanjo… esto no será nada cuando tengamos @Prorealtime11 esperamos dar un gran salto cuántico con la programación y desarrollo de nueva generación de indicadores de volumen.

Juanjo • 03/15/2019 #
Estoy esperando con muchas ganas prorealtime11, ..señalar que gracias a la lectura de vuestra pagina web, y de libros sobre Wyckoff, ..Anna Coluling, etc, he mejorado muchísimo mi operativa, de hecho, ..en todos mis sistemas incorporo el volumen y vuestros indicadores. Un saludo.

TAC Bolsa • 03/15/2019 #
Upgrade..

From the VWAP and activated auction you can see the areas of lower or greater volume.
- 19Tom85 • 03/15/2019 #
  Hi TAC Bolsa, your indicators are very value adding. May I ask you to please invite to your blog as it seems I can’t have access if I am not invited. Best regards

karim78300 • 03/15/2019 #
bonjours je n’arrive pas a a mettre votre code on me demande de définire la variable subasta pvp dpvp vwap je vous remercie de votre aide et de votre partage
Karim Paris
- TAC Bolsa • 03/15/2019 #
  Do not copy the code, download the indicator and then place it on the price.

Gianluca • 03/15/2019 #
THANK YOU AGAIN. You are such amazing

Stenozar • 03/15/2019 #
Hi TAC, I can’t see on the graph the Low volume and High volume areas; should they appear automatically?
thanks
- TAC Bolsa • 03/15/2019 #
  hello, not included, it’s just a way to interpret …
  
  If it will be included in the new version.
  
  https://pbs.twimg.com/media/D1rqYbkW0AE1qFC.jpg:large

JOSE LUIS CAPO • 03/15/2019 #
Muchisimas gracias por las valiosas herramientas de volumen que compartes con los usuarios de PRT y también por aportar tu conocimiento en tu maravilloso blog. Espero impacientemente el Range Volume Profile. Un saludo.

Gianluca • 03/15/2019 #
Hello what happened? why you close your web site? it was amazing!

Hendrix • 03/15/2019 #
Buonasera,
volevo sapere se era possibile avere l’indicatore solo con il volume profile di 4 giorni e su ogni giorno il POC.

Grazie

namrevlis24 • 03/15/2019 #
Hi,
is it possible to make the volume lines transparent? Your screenshot shows transparent lines (rectangles). I tried to change the 4th parameter in the “coloured” function of line
>> drawrectangle(startbar,(hrange+lrange)/2,startbar+bullbar,(hrange+lrange)/2) coloured(0,100,200,20)
to any values between 1 and 255 but nothing changes.
How did you get it running?
Thanks in Advance!
- Nicolas • 03/15/2019 #
  Try with 0

namrevlis24 • 03/15/2019 #
0 is no difference, unfortunately 😐
- namrevlis24 • 03/15/2019 #
  Hi, solution to have transparent lines is to use PRT V 10.3, not V 11 beta as I did 🙂

Gianluca • 03/15/2019 #
nicolas why prt doesn’t implement volume profile as standard indicator like the majority of the platforms?

TACBOLSA • 03/15/2019 #
Hi
Proximente will be available in different (VP)

https://tiburonesdealetacorta.blogspot.com/2019/11/tac-vp-initial-balance.html

marcov66 • 03/15/2019 #
Is there any possibility to plot the PVP? Thanks in advance. Marco
- TACBOLSA • 03/15/2019 #
  Hi
  Proximente will be available in different (VP)
  
  https://tiburonesdealetacorta.blogspot.com/2019/11/tac-vp-initial-balance.html

tobytarczy • 03/15/2019 #
Hi I am new to Pro RealTime platform. The TAC Volume profile is one that I would like to use. I have used it on Metatrader4 and it worked like a charm. The question I have is how do I create a customer indicator with the code above to include this indicator. I am on the latest version of PRT with IB as my broker. Many thanks in advance. I should also mention my trading coach uses TradeView and that is what I would like eventually to have on this platform

toby.tarczy • 03/15/2019 #
Hi I manged to load the indicator, great tool. Is there a way to speed up the refresh time on a chart. Taking a long time to load?

Many thanks

bremze33 • 03/15/2019 #
Hi! I Managed to load the indicator, but it doesn’t show up on price chart. It show seperate. How do I fix that it shows on/behind a price chart?

Tanks in advance
- bremze33 • 03/15/2019 #
  Never mind. Found it!

bremze33 • 03/15/2019 #
Another thing. Is it possible to make the graph lines a little thicker and not so long?
Because I’m using it in 30min and the Volume is poking into the next days Volume, and the lines are so thin I can’t really understand where is
any kind of accumulation of Volume.
Thanks in advance.

giumagi • 03/15/2019 #
Hi Sir, very good job done with this indicator, May I ask you to explain what is the line VWAP SR DINAMIC?

pmdr1969 • 03/15/2019 #
Hola soy nuevo en en esto. ¿Hay algo parecido pero pudiendo tu elegir las velas a a analizar? Muchas gracias

Alai-n I also have the same problem that I can not solve especially on LowVolume (Yellow) ... Sorry

Mert No need to apologise, my friend. It is great code. I hope you find a solution soon. Regards.

gabri I think it's because the lookback period changes at every new bar and that means that many c...

rb-72 Thank you, area of twist by dilatacion of the price, missing part of the code that is not pu...

Thomas007 after reading your blog now I understand why there is only a part of your code here. I'm try...

Juanjo Hola¡¡ la estrategia se podria aplicar sobre acciones con marco temporal diario?? gracias.

rb-72 5 Minutes, 15 Minutes, The most effective 1 Hour below 0 or above 0 as a turn signal in the ...

Andraxx Interpretación de el indicador??? Gracias

TAC Bolsa Oscilador que hace una medición ponderara basado en la distancia entre precio y una media Mó...

Nicolas Better to download the file from the page and import it into your platform in order to not c...

marcov66 Hi Nicolas, thanks for sharing the VWAP Date Indicator. It is really powerful. Nevertheless,...

Nicolas Are you sure you are using the same exact date, hours, minutes, seconds for anchor?

julien1978 changing the trendDetectionLength setting does not seem to have any effect on the wave calcu...

arran i can't seem to get this indicator to work on forex pairs. it works great on indices etc. An...

Nicolas Indicator needs Volume, and there are no volumes with forex pairs with IG.

Trading_En_El_Ibex35 El screener no busca acciones que estén en máximos absolutos , busca acciones en las que el...

Andraxx lo de volumen aceptable, lo dices en relación al Ibex 35 supongo. Porque se margen de volume...

Juanjo Hola Queria preguntarte si la idea de maximos anuales es tuya, o bien está basada en el sis...

BERTJES82 Hi Nicolas, is it possible to adjust the starting date of the VWAP on the charts? Thanks in ...

Nicolas Yes, have a look there: https://www.prorealcode.com/prorealtime-indicators/vwap-date-anchored/

Dadoo Merci Nicolas!

Jean-Pierre Poulain When I buy and when I sell ?

Nicolas The featured image of the post do not deserve the indicator you are right, I attached other ...

Nicolas It is described in the post already :) The BUY/SELL signals are quite similar of what you ca...

jiminykricket Hi Nicolas, Its fair to say i'm a relative novice with ProRealtime and as such i am not sur...

Nicolas You can use assisted creation in probacktest, you'll get a quick overview on how to call a p...

jiminykricket Thanks Nicolas, i'll take a look

Aragorna Hello, ask for a help, please. why the indicator in my PRT is in a different area and not in...

Nicolas Add it on the price chart: https://www.prorealcode.com/blog/video-tutorials/how-to-add-an-in...

Infanta Congratulations. Of all the indicators that I have been able to examine, in my opinion and f...

Nicolas Sure, please open a new topic in the probuilder forum with all specifications needed.

toni1750 Hola, funciona en P11? lo he puesto y no me sale como en la imagen. gracias.

GustavoLoboOrenstein Hello Nicolas, I have a cumulative histogram update problem, the indicator often updates ...

Nicolas That's right, in ProScreener we can't have a lookback more than 254 days. There is nothing w...

cjdevasia Hi, Nicolas, please guide me how can i scan following conditions in pro real time S...

Nicolas For everyone benefit, I prefer to answer coding request in the forum. Please open a new topi...

Nicolas Thanks for contributing to the "ichimoku section" of the prorealtime code library Don't he...

sourberry Thank you , this is a great indicator works beautifully. Could you kindly modify to scr...

pp_playaflamenca Excuse me,... reading your code about spanB: [ SenkouSpanBFutureW = (Highest[SenkouSpanPerio...

Nicolas Don't add it on the price, but like an oscillator in a separated window instead.

Keyeming Hello Nicolas; not sure to undersntad line 167, and in the video I d'ont remember that the a...

Nicolas I don't know, this code is 6 years old and I made a 1:1 translation of the provided code by ...

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