Sure.
Here you go.
VA set to default HOUR. Label shows when above or below VA.
Arrows are your logic.
input pricePerRowHeightMode = {AUTOMATIC, default TICKSIZE, CUSTOM};
input customRowHeight = 1.0;
input timePerProfile = {CHART, MINUTE, default HOUR, DAY, WEEK, MONTH, "OPT EXP", BAR};
input multiplier = 1; #### Hint: Set for time
input onExpansion = no;
input profiles = 1000;
input showPointOfControl = yes;
input showValueArea = yes;
input valueAreaPercent = 68;
input opacity = 0;
input displace = 0;
input ShowValueLabel = yes;
def period;
def yyyymmdd = getYyyyMmDd();
def seconds = secondsFromTime(0);
def month = getYear() * 12 + getMonth();
def day_number = daysFromDate(first(yyyymmdd)) + getDayOfWeek(first(yyyymmdd));
def
dom = getDayOfMonth(yyyymmdd);
def dow = getDayOfWeek(yyyymmdd - dom + 1);
def expthismonth = (if dow > 5 then 27 else 20) - dow;
def exp_opt = month + (dom > expthismonth);
switch (timePerProfile) {
case CHART:
period = 0;
case MINUTE:
period = floor(seconds / 60 + day_number * 24 * 60);
case HOUR:
period = floor(seconds / 3600 + day_number * 24);
case DAY:
period = countTradingDays(Min(first(yyyymmdd), yyyymmdd), yyyymmdd) - 1;
case WEEK:
period = floor(day_number / 7);
case MONTH:
period = floor(month - first(month));
case "OPT EXP":
period = exp_opt - first(exp_opt);
case BAR:
period = barNumber() - 1;
}
def count = CompoundValue(1, if period != period[1] then (count[1] + period - period[1]) % multiplier else count[1], 0);
def cond = count < count[1] + period - period[1];
def height;
switch (pricePerRowHeightMode) {
case AUTOMATIC:
height = PricePerRow.AUTOMATIC;
case TICKSIZE:
height = PricePerRow.TICKSIZE;
case CUSTOM:
height = customRowHeight;
}
profile
tpo = timeProfile("startNewProfile" = cond, "onExpansion" = onExpansion, "numberOfProfiles" = profiles, "pricePerRow" = height, "
value area percent" = valueAreaPercent);
def con = compoundValue(1, onExpansion, no);
def pc = if IsNaN(tpo.getPointOfControl()) and con then pc[1] else tpo.getPointOfControl();
def hVA = if IsNaN(tpo.getHighestValueArea()) and con then hVA[1] else tpo.getHighestValueArea();
def lVA = if IsNaN(tpo.getLowestValueArea()) and con then lVA[1] else tpo.getLowestValueArea();
def hProfile = if IsNaN(tpo.getHighest()) and con then hProfile[1] else tpo.getHighest();
def lProfile = if IsNaN(tpo.getLowest()) and con then lProfile[1] else tpo.getLowest();
def plotsDomain = IsNaN(close) == onExpansion;
plot
POC = if plotsDomain then pc[displace] else Double.NaN;
plot ProfileHigh = if plotsDomain then hProfile[displace] else Double.NaN;
plot ProfileLow = if plotsDomain then lProfile[displace] else Double.NaN;
plot
VAH = if plotsDomain then hVA[displace] else Double.NaN;
plot
VAL = if plotsDomain then lVA[displace] else Double.NaN;
DefineGlobalColor("Profile", color.blue);
DefineGlobalColor("Value Area", color.gray);
DefineGlobalColor("
Point Of Control", color.yellow);
tpo.show(globalColor("Profile"), if showPointOfControl then globalColor("Point Of Control") else color.current, if showValueArea then globalColor("Value Area") else color.current, opacity);
POC.SetDefaultColor(color.yellow);
POC.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
VAH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
VAL.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
VAH.SetDefaultColor(color.green);
VAL.SetDefaultColor(color.red);
ProfileHigh.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
ProfileLow.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
ProfileHigh.SetDefaultColor(GetColor(3));
ProfileLow.SetDefaultColor(GetColor(3));
ProfileHigh.hide();
ProfileLow.hide();
VAH.setlineweight(3);
VAL.setlineweight(3);
Poc.setlineweight(3);
def VA = VAH - VAL;
addlabel(ShowValueLabel,
if close <= VAH && close >= VAL && close >= POC
then "Inside VA, > POC: " +" (" +VAH +" / " +VAL +") "
else if close <= VAH && close >= VAL && close < POC
then "Inside VA, < POC: " +" (" +VAH +" / " +VAL +") "
else if close < VAL
then "< VA: " +" (" +VAL +") "
else if close > VAH
then "> VA: " +" (" +VAH +") "
else "",
if close <= VAH && close >= VAL && close >= POC
then color.yellow
else if close <= VAH && close >= VAL && close < POC
then color.dark_orange
else if close < VAL
then color.red
else if close > VAH
then color.green
else color.gray);
def lr = 6 * ( WMA(OHLC4, 10) - Average(OHLC4, 10) ) / 9;
def upBar = close > open;
def dnBar = close < open;
def short = lr > 0 && upBar && close > VAH;
def long = lr < 0 && dnBar && close < VAL;
plot longSignal = if long && !long[1] and !long[2] then low else Double.NaN;
plot shortSignal = if short && !short[1] and !short[2] then high else Double.NaN;
longSignal.setpaintingStrategy(paintingStrategy.ARROW_UP);
shortSignal.setpaintingStrategy(paintingStrategy.ARROW_DOWN);
longSignal.setdefaultColor(color.cyan);
shortSignal.setdefaultColor(color.magenta);
longSignal.setlineweight(5);
shortSignal.setlineweight(5);
longSignal.hidebubble();
shortSignal.hidebubble();
longSignal.hidetitle();
shortSignal.hidetitle();
