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    Introducing Profile Master: A Free Volume Profile That Moves With the Chart

    Profile Master is a new free, open-source TradingView indicator. It draws the value area as a cloud that travels with price, so you can see where the market is doing business and how value moves.

    Nikolas MetreveliNikolas MetreveliFounder of SimpleAlgo4 min read
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    Introducing Profile Master: A Free Volume Profile That Moves With the Chart


    Introducing Profile Master: A Free Volume Profile That Moves With the Chart

    We just released Profile Master, a free and open-source indicator on TradingView. It answers one question: where has the market been doing business?

    Profile Master on a 5 minute gold chart

    A volume profile is usually a histogram pinned to the side of the chart, or a stack of session boxes. Both answer the question for one moment. You get the levels, but you never see how value moved while price moved. Profile Master draws the profile as a cloud that travels with the chart.

    What you see

  1. The cloud is the value area: the range that holds 70% of the volume in the cluster the market is trading in, built from the last 90 bars. It's faint in the middle and densest at the edges, because the edges are the levels you trade against.

  2. The point of control is the thin line inside it, the price where the most volume changed hands. It's mint while price holds above it and pink while price holds below.

  3. The profile at the right edge is the classic histogram of the same data. It's where a second cluster shows up before the cloud moves to it.

  4. The panel in the corner says the read in words: where price is, where the control is, the value area range and the last event.
  5. There are no labels on the chart. Price inside the cloud, outside it, or leaving and coming back is the whole read.

    What makes it different

    Most rolling profiles treat every bar in the window the same until it leaves, and then the value area jumps. Profile Master weights bars by age, so an old session leaves the profile over many bars and value drifts instead.

    It also builds the profile from where volume actually traded inside each bar, using lower timeframe data, not from the bar's range. The cloud follows the cluster the market is trading in and never stretches across two of them. And when value moves to a new cluster, the cloud fades while it travels and comes back to full strength when it arrives. A faint trail is value in transit. A bright cloud is value at rest.

    How to read it

    Reading price inside and outside the cloud

    Inside the cloud, the market is doing business where it has been doing business. Expect rotation between the edges and around the control. Outside it, one of two things happens: price gets accepted there and the cloud travels to it, or it gets rejected and comes back in.

    Profile Master tracks four events, available as alerts and optional small marks on the chart:

  6. Accepted above value and accepted below value: price closed outside the cloud, stayed there, and got there under its own steam.

  7. Back into value from above and back into value from below: price was out, came back and stayed. In classic market profile thinking, a market that re-enters value and holds tends to rotate across to the other side. It's a tendency, not a rule.
  8. Back into value after a failed attempt to leave

    Events only count when price did the moving. If the cloud drifted over to meet a sitting market, nothing fires and the panel simply says Value caught up to price. Events are decided on closed bars and never move afterwards.

    Timeframes

    On 5 and 15 minute charts the window is a few hours, like a session profile that never resets. On 1 and 4 hour charts it covers days, which is where swing traders find their levels. On the daily chart it's a rolling four month profile.

    Get it free

    Profile Master is free for everyone, no membership needed. Add it on TradingView, or see it with the rest of our free and premium indicators.

    Want every setting, alert and limit explained? Read the full Profile Master guide in the docs.

    The cloud is a map of where volume has been, not where price is going, and an event isn't a buy or sell signal. Use it with your own analysis and manage your risk.


    SimpleAlgo provides educational tools and chart analysis. Nothing here is financial advice. Trading involves substantial risk of loss, and past performance does not guarantee future results.

    Nikolas Metreveli, Founder of SimpleAlgo

    Written by

    Nikolas Metreveli

    Founder of SimpleAlgo

    Nikolas wrote his first real code at 12 and freelanced software tools and websites for small businesses before finding the markets at 15. He builds and maintains every SimpleAlgo indicator and writes these guides from hands-on use of the tools.

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