The Rotation Factor objectively measures attempted market direction(or market sentiment) for a given period. It records the cumulative directional attempts of auction rotations within a given period, thus, helping traders determine which way the market is trying to go and which market participant is exerting greater control or influence. Theory The premise is...
This is is Market Profile with TPO (the letters) on the current session. Due to pinescript limitations, we are limited to 500 TPOs, since this script uses 1 label per TPO. It is NOT volume profile, this is Time Profile (Time spent at a price).
SpaceTime Profile Advanced is different to the non overlay with a different codebase. The main advantages are the 1:1 price mappings that occur on this data generation as well as the auto mapping POC line! The implementation is heavily different and therefore they both provide different uses Overlay is better for current chart data being mapped up to 10 days...