RBD Market Profile

A Market Profile visually shows how much time (or how many bars) price spent at each price level within a session — helping identify areas of “fair value” (where price spent most time) and extremes (where price barely traded).

It divides each trading session (for example, a day, week, or month depending on input) into price segments, counts how many bars closed within each segment, and then identifies:
POC (Point of Control): price level with the highest frequency (most traded or visited).
VAH (Value Area High): upper boundary of the zone that contains 70% (or user-defined percentage) of all activity around the POC.
VAL (Value Area Low): lower boundary of that same 70% activity zone.

Finally, it plots lines for:

• VAH (green line)
  
• VAL (red line)
  
• POC Upper & Lower (white lines)
  
• Session Open (blue dashed line)
  

How to use this Market Profile:

• Determine Key Areas of Support/Resistance by the VAH and VAL
  
• VAH: Responsive Sellers and Initiative Buyers
  
• VAL: Responsive Buyers and Initiative Sellers
  
• POC: Can be used as Fair Value