Brief Description
A TPO is a Time Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price that the market traded at during that time interval. It is called Market Profile terminology. In other words time-price-opportunity (TPO) profiles are histograms of how much time was spent at each price within the span of the profile rather than volume-at-price. The indicator can help determining of Support-Resistance levels.
Benefits
Display Market Profile on Chart (Time Price Opportunity)
On Chart and On Side Graphs
Modes : Lines, Solid, Gradient, Bars, Outline
Periods : Sessions, Daily, Weekly, Monthly
Point of Control and Value Area Calculation
Buffers for Developers
Various Visual Settings