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this index calculates the quantity profile and also sets the tags corresponding to the VAL, VAH and POC amounts for every candle individually.

The indicator works on phases from M3 to MN, but uses historical data from smaller periods for calculations.:

  • M1 for periods which range from M3 to H1,
  • M5-for periods from H2 to H12,
  • M30 – for the interval D1,
  • H4 – for the interval W1,
  • D1 – for the period MN.

The color and position of the VAL, VAH, and POC labels on the current candle are considered right only for the time close to the closing of this candle.

  • ValueArea – the size of the cost zone as a percentage.
  • ValueAreaType-method for calculating the cost zone:
    • OfPocND – normal distribution relative to the POC level.
    • OfTotalVolume-distribution of the volume traded in the profile.
  • VolumesType – the type of volumes used in calculations:
    • Tick – tick boxes.
    • Real – real, if transmitted from the broker.
    • Without – without taking into account the volume, according to the TPO principle.
  • DrawingMode – Display mode:
    • Dots – as labels for the VAL, VAH, and POC levels on each candle.
    • Curves – in the form of curves connecting the VAL, VAH, and POC levels on each candle.
  • BarsLimit-limit the number of candles for which the profile will be built.
  • VALColor – the color for the VAL placemarks or for the curve connecting the VAL placemarks.
  • VAHColor – the color for the VAH placemarks or for the curve connecting the VAH placemarks.
  • LowestBoxColor, LowBoxColor, MiddleBoxColor, MediumBoxColor, HighBoxColor, HighestBoxColor – a group of variables that determine the color of the POC level labels, depending on the volume value at each of these levels.

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  • OfPocND – normal distribution relative to the POC level.
  • OfTotalVolume-distribution of the volume traded in the profile.
  • Tick – tick boxes.
  • Real – real, if transmitted from the broker.
  • Without – without taking into account the volume, according to the TPO principle.
  • Dots – as labels for the VAL, VAH, and POC levels on each candle.
  • Curves – in the form of curves connecting the VAL, VAH, and POC levels on each candle.

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