OPEN-SOURCE SCRIPT
EMA & Volume Profile with POC
EMAs:
Blue line for the 9-day EMA.
Red line for the 15-day EMA.
Volume Profile:
Calculates the volume profile for the last 50 candles.
Adjusts automatically based on the selected length.
POC (Point of Control):
The most traded price level is highlighted as a yellow dotted line.
Notes:
The volume profile is simplified into 20 bins for efficiency and better visualization.
You can adjust the vpLength input to calculate the volume profile over a different number of candles.
Blue line for the 9-day EMA.
Red line for the 15-day EMA.
Volume Profile:
Calculates the volume profile for the last 50 candles.
Adjusts automatically based on the selected length.
POC (Point of Control):
The most traded price level is highlighted as a yellow dotted line.
Notes:
The volume profile is simplified into 20 bins for efficiency and better visualization.
You can adjust the vpLength input to calculate the volume profile over a different number of candles.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
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