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Value Matrix – Previous Day VA

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Value Matrix – Previous Day Volume Profile Indicator

Description:
The Value Matrix – Previous Day VA indicator plots the previous trading session’s Volume Profile key levels directly on your chart, providing clear reference points for intraday trading. This indicator calculates the Value Area High (VAH), Value Area Low (VAL), and Point of Control (POC) from the prior session and projects them across the current trading day, helping traders identify potential support, resistance, and high-volume zones.

Features:

Calculates previous day VAH, VAL, and POC based on a user-defined session (default 09:30–16:00).

Uses Volume Profile bins for precise distribution calculation.

Fully customizable line colors for VAH, VAL, and POC.

Lines extend across the current session for easy intraday reference.

Works on any timeframe, optimized for 1-minute charts for precision.

Optional toggles to show/hide VAH, VAL, and POC individually.

Inputs:

Session Time: Define the trading session for which the volume profile is calculated.

Profile Bins: Number of price intervals used to divide the session range.

Value Area %: Percentage of volume to include in the value area (default 70%).

Show POC / VAH & VAL: Toggle visibility of each level.

Line Colors: Customize VAH, VAL, and POC colors.

Use Cases:

Identify previous session support and resistance levels for intraday trading.

Gauge areas of high liquidity and potential market reaction zones.

Combine with other indicators or price action strategies for improved entries and exits.

Recommended Timeframe:

Works on all timeframes; best used on 1-minute or 5-minute charts for precise intraday analysis.

免责声明

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