Time Variable Profile Indicator
TVP is the new Market Profile adapted for electronic markets.
Time Variable Profile is the new way to look at market now that the exchange around the world are closing their floor and making the transition to electronic trading.
This is the latest work from Peter Steidlmayer. Profile creation is now based on market volatility.
This indicator displays also a volume strip near the current time variable profile to monitor volume based on price control and price discovery.