Volume Profile (LVN + HVN Detection)

This script builds a customizable session-by-session Volume Profile with extended features for deeper order-flow analysis. It lets traders visualize where the most and least trading activity occurred in any chosen timeframe and resolution, directly on the chart.

🔑 Features

Dynamic Volume Profile
Adjustable Rows and Resolution Timeframe for fine-tuned granularity. Profiles automatically update on each session change.

Volume Point of Control (VPOC)
Highlights the single price level with the highest traded volume.

Option to extend the last N VPOCs forward in time.

Optional date labels for extended VPOCs.

High Volume Nodes (HVNs)
Detects and plots areas/levels of concentrated activity.

Configurable strength filter to control validation.

Display as solid/dotted lines (Levels) or filled Areas.

Color-coded relative to prior session close.

Low Volume Nodes (LVNs) (NEW)
Identifies thin-volume zones often acting as rejection or breakout points.

Configurable strength filter.

Display as dotted Levels or shaded Areas.

Color-coded relative to prior session close.

Profile Extend
Choose how much of the profile should extend into the next session for forward-looking context.

📊 Use Cases

Spotting value areas and key auction levels.

Finding support/resistance zones via HVNs and LVNs.

Tracking VPOC shifts across sessions for directional bias.

Identifying low-volume rejection zones where price may accelerate.

⚙️ Customization

Profile rows, timeframe, and resolution.

VPOC line width, colors, and label size.

HVN/LVN strength, type (Levels/Areas), and color themes.