Free Volume Profile v2.0 is an open-source trading indicator designed for volume-based market analysis. It builds on the core features of the TPO Profile v2.0 but focuses on volume data, integrating functionalities from Order Flow Ticks v2.0. The indicator supports multiple display modes including Normal (volume profile with fixed or gradient colors), Buy vs Sell, Delta (volume delta profile), and a combined Normal+Delta mode.
Key features include a parameters panel for quick switching between settings such as volume modes, row height, and intervals, enhancing user-friendliness. It offers high-performance volume profile calculations adapted from FXcoder’s Volume Profile + Range v6.0, with concurrent live updates and the ability to display multiple profiles simultaneously (mini, daily, weekly, monthly). Fixed range profiles are also supported.
The indicator is compatible with Mac OS and requires .NET 6.0 or higher. It is suitable for traders seeking detailed volume distribution insights across various timeframes and supports advanced volume analysis through its integration of order flow and delta volume data. The source code is available on GitHub for transparency and customization.