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06/20 14:00

Fibonacci Volume Profile

fibonacci volume profile — institutional edition v2

fibonacci volume profile is a chart-based volume profile tool designed to combine volume structure, fibonacci levels, poc, vah, val, bull/bear volume split, merged poc clusters, confluence detection, global heatmap zones and live volume profile gauges in one visual workspace.

the goal of this tool is to help traders understand where volume is concentrated, where price is reacting, and where important structural levels may exist on the chart.

this indicator is not a buy or sell system. it is a market structure and volume analysis tool. it helps the user read the chart with more context before making a trading decision.

main concept

volume profile shows where volume has traded inside a selected price range.

instead of only looking at candles, this tool studies how volume is distributed across price levels. areas with high volume can act as important reaction zones because many market participants traded there. areas with lower volume can sometimes show thinner zones where price may move faster.

the script builds volume profiles using different trigger modes:

fixed bars

session

manual period

each profile displays volume rows, poc, value area, fibonacci levels and optional advanced modules.

how the volume profile works

each volume profile divides the selected range into several price rows.

for every row, the script estimates how much volume traded there.

the row with the highest volume becomes the poc.

the value area contains the main part of traded volume, based on the selected value area percentage.

vah is the upper limit of the value area.

val is the lower limit of the value area.

poc, vah and val are often used by traders as reference levels for reaction, acceptance, rejection, balance and imbalance.

important levels

poc

poc means point of control. it is the price level with the highest volume inside the profile.

a poc can act as a magnet when price returns to it. it can also become a reaction level if price rejects it.

vah

vah means value area high. it marks the upper boundary of the value area.

price above vah can show strength or expansion away from value.

price rejecting vah can show that buyers failed to accept higher prices.

val

val means value area low. it marks the lower boundary of the value area.

price below val can show weakness or expansion away from value.

price rejecting val can show that sellers failed to accept lower prices.

fibonacci module

the script can draw fibonacci levels from the selected volume profile structure.

the anchor can be based on:

vp range

vah to val

poc to range

the fibonacci direction can be automatic or manually selected.

automatic direction uses the dominant bull or bear volume logic to decide whether the fibonacci should be drawn from low to high or from high to low.

this makes the fibonacci module connected to the volume profile context instead of being only a manual drawing tool.

bull and bear volume split

the profile can separate estimated bullish and bearish volume.

this helps identify whether volume inside the profile is more aggressive on the buy side or the sell side.

the delta method can be selected from several modes:

bar direction

range position

body weighted

wick absorption

hybrid pro

this does not represent real bid and ask order flow. it is an estimation based on candle behavior and volume distribution.

merged poc module

when several poc levels are close together, the script can merge them into a cleaner cluster.

this helps reduce chart noise and makes repeated high-volume zones easier to read.

a merged poc cluster can show that several profiles agree around the same price area.

when multiple poc levels cluster near the same zone, that level can become more important for future analysis.

confluence detector

the true confluence detector looks for clusters between different level types.

it can combine:

poc

vah

val

fibonacci levels

multiple profiles

the idea is to identify zones where several independent references are close to each other.

a confluence zone is not a guaranteed reversal point. it is a zone where the chart deserves more attention.

global heatmap

the global heatmap aggregates visible volume profiles into one heatmap zone on the right side of the chart.

this gives a broader view of where volume is concentrated across all visible profiles.

the global heatmap can help identify larger high-volume areas and thinner zones.

live vp gauges panel

the live vp gauges panel shows live information about the current developing volume profile.

it includes readings such as:

buy pressure

sell pressure

net delta estimate

value area position

distance to poc

distance to vah

distance to val

current row pressure

last bar pressure

close location inside the vp range

this panel is not an order book. it does not use bid and ask data. it is based on the current volume profile structure.

dashboard

the dashboard gives a quick summary of the current mode and important status information.

it can show:

current vp mode

number of stored profiles

nearest poc

distance to nearest poc

fibonacci status

poc merge status

value area extension status

confluence status

global heatmap status

poc touch alert

the script includes a poc touch alert.

this alert can help notify when price reaches a stored poc level.

a poc touch does not mean immediate entry. it only means price has reached an important volume reference level.

how to use the tool

step 1: choose the vp mode

fixed bars creates a new profile every selected number of bars.

session creates profiles based on the selected session.

manual period builds a live profile from a fixed manual number of bars.

beginners can start with fixed bars because it is simple and stable.

step 2: choose the number of rows

rows per vp controls how detailed the volume profile is.

more rows give more precision but can make the chart heavier.

fewer rows give a cleaner view but less detail.

a balanced setting is usually better for beginners.

step 3: read poc, vah and val

start by locating the poc.

then look at vah and val.

ask three simple questions:

is price above value?

is price below value?

is price inside value?

this gives a basic market context.

step 4: check reaction zones

watch how price behaves when it reaches poc, vah, val, fibonacci levels or merged poc clusters.

a strong reaction can show rejection.

a slow move through the level can show acceptance.

a clean breakout can show expansion away from value.

step 5: confirm with price action

do not trade only because price touches a level.

wait for confirmation such as:

market structure shift

rejection candle

break and retest

support or resistance reaction

volume confirmation

trend confirmation

example 1: price returns to poc

price moves away from a profile and later returns to the poc.

this can be a magnet zone because the poc is the highest volume level of that profile.

a beginner can watch if price accepts the poc or rejects it.

if price holds above poc after a retest, it may show support behavior.

if price rejects below poc, it may show resistance behavior.

example 2: rejection at vah

price moves up into vah and fails to stay above it.

this can show that higher prices are not accepted.

a trader can then look for bearish confirmation on the normal price chart.

the level itself is only a reference. confirmation is still required.

example 3: reaction at val

price drops into val and quickly rejects lower prices.

this can show that sellers failed to push price below value.

a trader can then look for bullish confirmation before considering a long setup.

example 4: merged poc cluster

several poc levels appear close to each other and the script merges them.

this creates a cleaner high-volume cluster.

if price returns to that cluster, it can become an important decision zone.

a beginner should watch whether price bounces, consolidates, or breaks through the cluster.

example 5: confluence zone

a poc, a fibonacci level and a value area boundary appear near the same price.

the confluence detector can highlight this type of zone.

this does not predict the future, but it helps the trader focus on areas where several references agree.

example 6: global heatmap

the global heatmap shows a strong high-volume area on the right side of the chart.

if price trades near this zone, it may slow down, react or consolidate.

if price moves through a low-volume zone, it may move faster.

beginner trading workflow

first, identify the current trend on the main chart.

then, check where price is compared to the nearest poc.

next, look at vah and val.

then, check if there is a merged poc cluster or confluence zone nearby.

after that, wait for price action confirmation.

finally, define risk before entering any trade.

a simple beginner rule is:

do not enter just because a level appears.

wait for price to react.

wait for confirmation.

protect the trade with a clear invalidation level.

best use cases

volume profile analysis

poc reaction zones

value area reading

fibonacci confluence

session profile analysis

fixed range profile analysis

support and resistance context

market balance and imbalance reading

high-volume and low-volume zone detection

beginner-friendly structure analysis

settings overview

vp trigger

selects how the profile is created.

fixed bars builds profiles after a fixed number of bars.

session builds profiles around selected market sessions.

manual period builds a profile from a manual number of bars.

bars per vp

controls how many bars are used before a new fixed profile is created.

manual period bars

controls the number of bars used for the manual live profile.

max vp visible

controls how many profiles remain visible on the chart.

rows per vp

controls the number of price rows inside each profile.

value area percentage

controls how much of the profile volume is included inside the value area.

vp width percentage

controls the visual width of each profile.

show fibonacci

enables or disables fibonacci levels.

anchor type

selects what structure is used to anchor fibonacci levels.

fib direction

selects automatic or manual fibonacci direction.

show poc

shows or hides the point of control.

show vah and val

shows or hides value area high and value area low.

extend poc right

extends poc levels to the right side of the chart.

merge close poc lines

merges close poc levels into cleaner clusters.

bull and bear split

shows estimated bullish and bearish volume separately.

delta method

selects how bullish and bearish volume is estimated.

global heatmap

shows an aggregated heatmap from visible profiles.

true confluence detector

detects zones where several important levels cluster together.

live vp gauges panel

shows live pressure and distance readings from the developing profile.

dashboard

shows a compact status panel with useful script information.

risk note

this indicator is designed for technical analysis and education. it does not give financial advice and does not guarantee results. levels, profiles, gauges, heatmaps and alerts are references only. always use risk management and confirm every setup with your own analysis.
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