Quant Trading App | Thinkorswim Studies

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QTA VOLUME PROFILE: Copy Code Below

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# Quant Trading App Volume Profile
# Created: September 15, 2021
#
# Credit: Bryant Littrean, Thinkorswim
# Contact: tradinglitt@gmail.com
# Trading Litt Youtube: https://bit.ly/trading-litt-yt
# Quant Trading App Discord: https://quanttradingdiscord.com
# 20220427 Sleepyz added timeperprofile for Day, Week, Month options
#

def multiplier = 1;def onExpansion = no;def profiles = 1000;input profileSession = {default Day, Week, Month};input showPointOfControl = yes;input showValueArea = yes;input valueAreaPercent = 68;input opacity = 60;def period;def yyyymmdd = GetYYYYMMDD();def seconds = SecondsFromTime(0);def month = GetYear() * 12 + GetMonth();def day_number = DaysFromDate(First(yyyymmdd)) + GetDayOfWeek(First(yyyymmdd));def dom = GetDayOfMonth(yyyymmdd);def dow = GetDayOfWeek(yyyymmdd - dom + 1);def expthismonth = (if dow > 5 then 27 else 20) - dow;def exp_opt = month + (dom > expthismonth);switch (profileSession) {case DAY: period = countTradingDays(min(first(yyyymmdd), yyyymmdd), yyyymmdd) - 1;case WEEK: period = floor(day_number / 7);case MONTH: period = floor(month - first(month));}def count = CompoundValue(1, if period != period[1] then (count[1] + period - period[1]) % multiplier else count[1], 0);def cond = count < count[1] + period - period[1];def height = PricePerRow.TICKSIZE;profile vol = VolumeProfile("startNewProfile" = cond, "onExpansion" = onExpansion, "numberOfProfiles" = profiles, "pricePerRow" = height, "value area percent" = valueAreaPercent);def con = CompoundValue(1, onExpansion, no);def pc = if IsNaN(vol.GetPointOfControl()) and con then pc[1] else vol.GetPointOfControl();def hVA = if IsNaN(vol.GetHighestValueArea()) and con then hVA[1] else vol.GetHighestValueArea();def lVA = if IsNaN(vol.GetLowestValueArea()) and con then lVA[1] else vol.GetLowestValueArea();def hProfile = if IsNaN(vol.GetHighest()) and con then hProfile[1] else vol.GetHighest();def lProfile = if IsNaN(vol.GetLowest()) and con then lProfile[1] else vol.GetLowest();def plotsDomain = IsNaN(close) == onExpansion;plot POC = if plotsDomain then pc else Double.NaN;plot ProfileHigh = if plotsDomain then hProfile else Double.NaN;plot ProfileLow = if plotsDomain then lProfile else Double.NaN;plot VAHigh = if plotsDomain then hVA else Double.NaN;plot VALow = if plotsDomain then lVA else Double.NaN;DefineGlobalColor("Profile", CreateColor(70, 70, 70));DefineGlobalColor("Point Of Control", CreateColor(255, 215, 0));DefineGlobalColor("Value Area", CreateColor(95, 140, 230));vol.Show(GlobalColor("Profile"), if showPointOfControl then GlobalColor("Point Of Control") else Color.CURRENT, if showValueArea then GlobalColor("Value Area") else Color.CURRENT, opacity);POC.SetDefaultColor(GlobalColor("Point Of Control"));POC.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);POC.SetLineWeight(2);VAHigh.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);VALow.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);VAHigh.SetDefaultColor(GlobalColor("Value Area"));VALow.SetDefaultColor(GlobalColor("Value Area"));ProfileHigh.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);ProfileLow.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);ProfileHigh.SetDefaultColor(GetColor(3));ProfileLow.SetDefaultColor(GetColor(3));ProfileHigh.Hide();ProfileLow.Hide();

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