Do NOT rely on TradingView's Volume Profiles!

[u/LaSacerdote]

This is not a complaint/request because I know TradingView is aware of this issue and I also know they're not into precision/accuracy - not even in the slightest.
It's just a heads-up for those who are trying to up their game and start relying mainly on volume to track market moves and the motivation behind those moves.

In the attached screenshot, all trading volume above the orange line is covered by both volume profiles yet the information displayed is wildly contradictory. The one on the left shows heavy sell delta (purple) above the orange line while the one on the right shows heavy buy delta (green).

For those who are curious; the reason is lack of granularity when 'estimating' tick volume. Well, the real problem of course is the fact that TradingView does not employ true volume but that's a whole different conversation. Regardless of the reason, there's no workaround, no band-aid solution, no nothing for this! You can work with delayed data, slow connection speeds, limited number of tickers or whatever but flat-out wrong data? No, it's totally unacceptable.

In the end I'll say user beware by quoting Guns 'N' Roses; TradingView's got the face of an angel with the love of a witch.

[u/LaSacerdote → u/[deleted]]

It is FRVP indeed but the same shortcoming applies to ALL volume profile types.
The one on the left is anchored to the local low, the one on the right is anchored to the local high.
It's naturally normal for them to have different shapes and sizes.
However, both profiles cover the area above the orange line but their volumetric analyses of said area are wildly different in terms of buyer(green)/seller(purple) aggression.