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- 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.
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What Is a Volume Profile. 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: Identify Key Support and Resistance Levels for Setups; Determine Logical Take Profits and Stop Losses; Calculate Initial R Multiplier
Volume indicates levels of acceptance (high volume) and rejection (low volume). Intuitively, when volume is high, the price could be equally attractive to buyers and sellers. At a price where fewer participants are willing to transact, volume may adjust—sometimes quickly—to find equilibrium.
Sep 2, 2023 · What is a Volume Profile. 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.
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.
May 5, 2024 · The volume profile visually represents both the TPO and value area. It displays the volume traded at each price level, giving traders an idea of where most trading activity is concentrated. By combining TPO and volume profile, traders can better understand market sentiment and potential trading opportunities.
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May 3, 2024 · Barry D. Moore CFTe. - May 3, 2024. Stock volume, or trading volume, is the total number of shares traded during a specific period. Volume indicates buying and selling pressure and potential changes in a stock’s trend direction and quality. ☆ Research You Can Trust ☆.
Nov 20, 2021 · Market profile charts display price, volume, and time frame on a single chart, indicating the value area and points of control for a stock. The price is on the vertical scale (y-axis), and the volume appears on the horizontal scale (x-axis). Market profile charts can be used as a complete trading system or as part of a larger trading system.
