This advanced TradingView script is designed for traders aiming to analyze market behavior using volume profiles, dynamic VWAPs, and PSVRA-based vectors, allowing the data to be divided into customized sessions. It is ideal for intraday trading strategies or detailed analysis of value areas.
Key Features: Customized Volume Profiles: Splits the chart into user-defined sessions (e.g., daily sessions or specific market hours). Calculates value areas (70% of total volume), Point of Control (POC), and areas of interest. VWAP Indicators: Daily VWAP: A dynamic reference point for intraday analysis, providing the volume-weighted average price. Weekly VWAP: Identifies trends and key levels in a broader context. PSVRA-Based Vectors: Highlights the direction of order flow and market activity using the PSVRA (Price, Spread, Volume, Relative Activity) method.
Session Visualization: Marks the start and end of each session with clear boxes. Each session has a unique volume profile.
Complete Customization: Adjust session timings to match different markets or time zones. Options for colors, line thickness, and highlighted levels. Key Levels: Point of Control (POC): Indicates the price level with the highest volume. Value Area High/Low (VAH/VAL): Defines the price range where most trading occurs.
Dynamic VWAPs (Daily and Weekly): Adds critical references for support and resistance across multiple time frames.
Style and Usability: Simple configuration via the input panel. Compatible with various timeframes and assets.
How to Use: Session Configuration: Define the timing for each session (e.g., pre-market, open, close). Adjust time zones to suit your needs.
Volume Profile Analysis: Observe where the volume is concentrated in each session.
Identify key levels for dynamic support and resistance. VWAP and PSVRA Analysis: Use daily and weekly VWAP to find weighted average price references over time.
Analyze PSVRA vectors to locate areas with significant buyer or seller activity. Compatibility: Works with any asset and timeframe supported by TradingView.
Ideal for: Intraday traders. Operators looking for key levels based on volume profiles, VWAPs, and PSVRA analysis. Detailed analysis of global market sessions.