Session Volume Profile Extended by Chaitu50cSession Volume Profile Extended By Chaitu50c
session-based Volume Profile indicator that calculates and plots the most important volume distribution levels — Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) — for both the current and previous sessions. Instead of displaying a full histogram, the script internally builds volume bins using price grouped by a configurable tick size and accumulates volume throughout the selected session timeframe. At the end of each session, it determines the POC (highest traded volume level) and expands outward to define the Value Area based on the user-defined percentage of total session volume.
The indicator updates current session levels in real time, allowing traders to see how developing volume structure evolves during the day. When a new session begins, the previous session’s levels are finalized and extended forward for reference. Users can control how many past sessions remain visible, ensuring the chart stays clean while preserving important historical levels. Each level — past and current POC, VAH, and VAL — can be independently enabled and fully customized in terms of color, style, and width.
Row size controls the precision of volume grouping, while the Value Area percentage determines how broad or narrow the value zone becomes. This makes the indicator adaptable to different instruments and trading styles. Ultimate Session VP is best suited for intraday traders who use volume-based structure for identifying equilibrium zones, breakout areas, and key support or resistance levels derived from real session participation.
Pine Script® インジケーター







