Right Justified Volume @ Price

Rags

New member
I am not sure if this is the proper Forum for my query. If not, can someone please help me direct to the proper forum for the following query:

I am looking for a Volume @ Price indicator for ToS which is right justified so I can identify the Volume Ledges facing the chart in order for me to identify price levels where institutional trade size occurred in the past. Also, it would be great if the indicator is dynamic so irrespective of the aggregation period, if we were to change the duration of the chart we are viewing the Volume @ Price (right justified) will automatically reflect the Volume @ Price action for that specific duration of time.

Please advise.

Regards,

Rags
 
Solution
@BenTen, That is correct Volume Profile on ToS but right justified and Volume Profile to be dynamic so it identifies the POC / VAH / VAL levels based on the duration of the chart on the screen

This may help.

1) It is the volumeprofile portion of the MonkeyBars indicator that plots right justified. We do not have a way provided by TOS to right justify the native VolumeProfile study.
2) It is defaulted to Year and a multiple of 5 that should cover most chart durations. Add more multiples if needed.
3) The image shows both the below code and native TOS Volumeprofile version for comparison.

Screenshot 2023-06-18 090059.png
Code:
# VolumeProfile_Right_Justified_using_MonkeyBars
#
# TD Ameritrade IP Company, Inc. (c) 2010-2022
#
# TOS Monkey...

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@BenTen, That is correct Volume Profile on ToS but right justified and Volume Profile to be dynamic so it identifies the POC / VAH / VAL levels based on the duration of the chart on the screen
 
@BenTen, That is correct Volume Profile on ToS but right justified and Volume Profile to be dynamic so it identifies the POC / VAH / VAL levels based on the duration of the chart on the screen

This may help.

1) It is the volumeprofile portion of the MonkeyBars indicator that plots right justified. We do not have a way provided by TOS to right justify the native VolumeProfile study.
2) It is defaulted to Year and a multiple of 5 that should cover most chart durations. Add more multiples if needed.
3) The image shows both the below code and native TOS Volumeprofile version for comparison.

Screenshot 2023-06-18 090059.png
Code:
# VolumeProfile_Right_Justified_using_MonkeyBars
#
# TD Ameritrade IP Company, Inc. (c) 2010-2022
#
# TOS Monkey Bars modified to show it's volumeprofile in the expansion to pointing to the left. A volumeprofile snippet was added to display the valuearea, poc, vah and val in the chart area as the monkeybars needs to remain set to onexpansion.

input pricePerRowHeightMode = {AUTOMATIC, default TICKSIZE, CUSTOM};
input customRowHeight = 1.0;
input aggregationPeriod = {"1 min", "2 min", "3 min", "4 min", "5 min", "10 min", "15 min", "20 min", "30 min", "1 hour", "2 hours", "4 hours",  "Day", "2 Days", "3 Days", "4 Days", "Week", "Month", "Quarter", default "Year"};
input timePerProfile = {CHART, MINUTE, HOUR,  DAY, WEEK, MONTH, "OPT EXP", BAR, default YEAR};
input multiplier = 5;
input onExpansion = yes;
input profiles = 1000;
input showMonkeyBar = no;
input showThePlayground = no;
input thePlaygroundPercent = 70;
input opacity = 40;
input emphasizeFirstDigit = no;
input markOpenPrice = no;
input markClosePrice = no;
input volumeShowStyle = MonkeyVolumeShowStyle.ALL;
input showVolumeVA = no;
input showVolumePoc = no;
input theVolumePercent = 70;
input showInitialBalance = no;
input initialBalanceRange = 3;

def period;
def yyyymmdd = GetYYYYMMDD();
def seconds = SecondsFromTime(0);
def year = GetYear();
def month = year * 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);
def periodMin = Floor(seconds / 60 + day_number * 24 * 60);
def periodHour = Floor(seconds / 3600 + day_number * 24);
def periodDay = CountTradingDays(Min(First(yyyymmdd), yyyymmdd), yyyymmdd) - 1;
def periodWeek = Floor(day_number / 7);
def periodMonth = month - First(month);
def periodQuarter = Ceil(month / 3) - First(Ceil(month / 3));
def periodYear = year - First(year);

switch (timePerProfile) {
case CHART:
    period = 0;
case MINUTE:
    period = periodMin;
case HOUR:
    period = periodHour;
case DAY:
    period = periodDay;
case WEEK:
    period = periodWeek;
case MONTH:
    period = periodMonth;
case "OPT EXP":
    period = exp_opt - First(exp_opt);
case BAR:
    period = BarNumber() - 1;
case YEAR:
    period = periodYear;
}

def count = CompoundValue(1, if period != period[1] then (GetValue(count, 1) + period - period[1]) % multiplier else GetValue(count, 1), 0);
def cond = CompoundValue(1, count < count[1] + period - period[1], yes);
def height;
switch (pricePerRowHeightMode) {
case AUTOMATIC:
    height = PricePerRow.AUTOMATIC;
case TICKSIZE:
    height = PricePerRow.TICKSIZE;
case CUSTOM:
    height = customRowHeight;
}

def timeInterval;
def aggMultiplier;
switch (aggregationPeriod) {
case "1 min":
    timeInterval = periodMin;
    aggMultiplier = 1;
case "2 min":
    timeInterval = periodMin;
    aggMultiplier = 2;
case "3 min":
    timeInterval = periodMin;
    aggMultiplier = 3;
case "4 min":
    timeInterval = periodMin;
    aggMultiplier = 4;
case "5 min":
    timeInterval = periodMin;
    aggMultiplier = 5;
case "10 min":
    timeInterval = periodMin;
    aggMultiplier = 10;
case "15 min":
    timeInterval = periodMin;
    aggMultiplier = 15;
case "20 min":
    timeInterval = periodMin;
    aggMultiplier = 20;
case "30 min":
    timeInterval = periodMin;
    aggMultiplier = 30;
case "1 hour":
    timeInterval = periodHour;
    aggMultiplier = 1;
case "2 hours":
    timeInterval = periodHour;
    aggMultiplier = 2;
case "4 hours":
    timeInterval = periodHour;
    aggMultiplier = 4;
case "Day":
    timeInterval = periodDay;
    aggMultiplier = 1;
case "2 Days":
    timeInterval = periodDay;
    aggMultiplier = 2;
case "3 Days":
    timeInterval = periodDay;
    aggMultiplier = 3;
case "4 Days":
    timeInterval = periodDay;
    aggMultiplier = 4;
case "Week":
    timeInterval = periodWeek;
    aggMultiplier = 1;
case "Month":
    timeInterval = periodMonth;
    aggMultiplier = 1;
case "Quarter":
    timeInterval = periodQuarter;
    aggMultiplier = 1;
case "Year":
    timeInterval = periodYear;
    aggMultiplier = 1;
}

def agg_count = CompoundValue(1, if timeInterval != timeInterval[1] then (GetValue(agg_count, 1) + timeInterval - timeInterval[1]) % aggMultiplier else GetValue(agg_count, 1), 0);
def agg_cond = CompoundValue(1,  agg_count < agg_count[1] + timeInterval - timeInterval[1], yes);

def digit = CompoundValue(1, if cond then 1 else agg_cond + GetValue(digit, 1), 1);

profile monkey = MonkeyBars(digit, "startNewProfile" = cond, "onExpansion" = onExpansion,
"numberOfProfiles" = profiles, "pricePerRow" = height, "the playground percent" = thePlaygroundPercent,
"emphasize first digit" = emphasizeFirstDigit, "volumeProfileShowStyle" = volumeShowStyle, "volumePercentVA" = theVolumePercent,
 "show initial balance" = showInitialBalance, "initial balance range" = initialBalanceRange);
def con = CompoundValue(1, onExpansion, no);
def mbar = CompoundValue(1, if IsNaN(monkey.GetPointOfControl()) and con then GetValue(mbar, 1) else monkey.GetPointOfControl(), monkey.GetPointOfControl());
def hPG = CompoundValue(1, if IsNaN(monkey.GetHighestValueArea()) and con then GetValue(hPG, 1) else monkey.GetHighestValueArea(), monkey.GetHighestValueArea());
def lPG = CompoundValue(1, if IsNaN(monkey.GetLowestValueArea()) and con then GetValue(lPG, 1) else monkey.GetLowestValueArea(), monkey.GetLowestValueArea());

def hProfile = CompoundValue(1, if IsNaN(monkey.GetHighest()) and con then GetValue(hProfile, 1) else monkey.GetHighest(), monkey.GetHighest());
def lProfile = CompoundValue(1, if IsNaN(monkey.GetLowest()) and con then GetValue(lProfile, 1) else monkey.GetLowest(), monkey.GetLowest());
def plotsDomain = IsNaN(close) == onExpansion;

#plot MB = if plotsDomain then mbar else Double.NaN;
plot ProfileHigh = if plotsDomain then hProfile else Double.NaN;
plot ProfileLow = if plotsDomain then lProfile else Double.NaN;


DefineGlobalColor("Monkey Bar", GetColor(4));
DefineGlobalColor("The Playground", GetColor(3));
DefineGlobalColor("Open Price", GetColor(1));
DefineGlobalColor("Close Price", GetColor(1));
DefineGlobalColor("Volume", Color.CYAN);
DefineGlobalColor("Volume Value Area", GetColor(8));
DefineGlobalColor("Volume Point of Control", Color.RED);
DefineGlobalColor("Initial Balance", GetColor(7));

monkey.Show(color = Color.CYAN, "poc color" = Color.CURRENT, "va color" = Color.CURRENT, opacity = opacity, "open color" = Color.CURRENT, "close color" = Color.CURRENT, "ib color" =Color.CURRENT, "volume color" = color.cyan, "volume poc color" =  Color.CURRENT);

ProfileHigh.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
ProfileLow.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
ProfileHigh.SetDefaultColor(GetColor(3));
ProfileLow.SetDefaultColor(GetColor(3));
ProfileHigh.Hide();
ProfileLow.Hide();

#VolumeProfile snippet to display profile on last Timeperprofile on chart

input show_valuearea_color = yes;
profile vol = VolumeProfile(startnewprofile = cond, onExpansion = no, pricePerRow = PricePerRow.TICKSIZE, numberofprofiles = 1, "value area percent" = 70);
vol.Show(opacity = opacity, "volume va color" = Color.CURRENT, color = Color.CURRENT, "volume color" = Color.CURRENT, "volume poc color" = Color.DARK_RED, "va color" = if show_valuearea_color == yes then GetColor(8) else Color.CURRENT);
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();
plot poc = pc;
plot vah = hVA;
plot val = lVA;
vah.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
val.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
poc.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
vah.SetDefaultColor(Color.YELLOW);
val.SetDefaultColor(Color.YELLOW);
poc.SetDefaultColor(Color.RED);

#
 
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