TradingView Introduces New Chart Type Time Price Opportunities (TPO)

TradingView, the all-things trading platform for traders and the global leader in charting and analysis tools, has rolled out Time Price Opportunities (TPO), a new indicator to help visualize price progression and concentration over the time period. This addition further enhances the platform's capabilities, following the introduction of Volume candles chart type​ last week.

According to TradingView, traders can leverage this new indicator to study the dynamics of price changes over a certain period and determine the price levels with maximum and minimum activity. The TPO chart allows traders to pinpoint price targets that aid in predicting future price movements in the market.

TradingView provided information about the chart, "The main element of the chart is the TPO profile, located on the left side, while the Volume Profile is displayed on the right, with a price line serving as an additional data source."

This new TPO chart type is available to TradingView users with a Premium subscription or above. Users can select TPO as their chart type from the menu on the top toolbar on TradingView platform.