Yahoo Web Search

Search results

      • In the stock market, a volume profile is a graphical representation of the traded volume at various price levels over a predetermined time period. It gives traders information about areas where there has been a lot of trading activity, which aids in identifying important resistance as well as support levels.
      gocharting.com › blog › volume-profile
  1. People also ask

  2. Aug 28, 2023 · Unlike a typical volume study that aggregates volume for a specified time period and displays a vertical column of the total volume for that period, the Volume Profile indicator plots a horizontal histogram of volume traded at specific prices.

    • What Is A Volume Profile
    • Volume Profile Indicators
    • Volume Profile Strategies
    • Determining Volume Profile Time Frames
    • Volume Profile Charting Software

    A Volume Profile is an advanced charting indicator that displays total volume traded at every price level over a user specified time period. Volume Profiles Uses: 1. Identify Key Support and Resistance Levels for Setups 2. Determine Logical Take Profits and Stop Losses 3. Calculate Initial R Multiplier 4. Identify Balanced vs Imbalanced Markets 5. ...

    Volume profiles can be setup in variety of variations depending on the indicator and charting software you’re using . Let’s take a look at the different indicators and their best use.

    As mentioned earlier, a lot of new traders are unprofitable because they fail to apply any context to their trades and are simply trading patterns. If this is the stage you’re currently in, applying the following techniques to your current setups will result in a significant boost to your performance.

    Determining what time frames you primarily focus on will be determined by your style of trading and will take some experimenting. Here’s some loose suggestions to get you started.

    If you’re interested in using volume profiles or any other order flow trading tools, there’s a few charting software companies I would recommend. MotiveWave.com– MotiveWave is the charting software I use and is where all the screenshots of charts throughout my blog are generated. I’ve been using MotiveWave for close two years and am very happy with...

  3. The Volume Profile study represents trading activity over a time period at specified price levels. Considering the input-defined aggregation period, the Volume Profile plots a histogram showing price distribution, revealing the dominant price values in terms of volume.

  4. Volume Profile is an advanced charting indicator that displays trading activity over a specified time period at specified price levels. The indicator takes into account user-defined parameters such as number of rows and time period and plots a histogram on the chart meant to reveal dominant and/or significant price levels based on volume.

    • Tradingview
  5. Simplifying the Volume Profile Indicator while analyzing supply and demand zones using the point of control and value areas.

    • 29 min
    • 178.8K
    • Trading Litt
  6. May 4, 2024 · The volume profile indicates trading activity across price levels, identifying key trading zones. High-Volume and Low-Volume Nodes highlight support and resistance areas. Due to its imperfect signals, the volume profile must be combined with additional technical indicators.

  7. Mar 13, 2022 · 2.6K. 66K views 2 years ago. FREE FUTURES COURSE: https://tradeproacademy.com/how-to-tr... This video is that all-inclusive guide on Volume Profile that you've been looking for. The co ...more.

    • 21 min
    • 66.7K
    • TRADEPRO Academy
  1. People also search for