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Apr 8, 2024 · Volume profile is one of the most important tools that traders use to make decisions in the market. It allows us to see the amount of trading activity at different price levels and can help us identify potential support and resistance areas. When we look at a volume profile chart, we can see where the majority of trading activity is taking ...
Apr 8, 2024 · Volume trading strategy is a trading method that involves analyzing the volume of shares or contracts that are being traded in a particular stock or market. The idea behind this strategy is that high trading volume can indicate strong buying or selling pressure, which can be used to make trading decisions.
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What is the difference between Volume Profile and Market Profile?
What is Volume Profile?
What is a volume profile indicator?
What trading strategies use Volume Profile?
5 days ago · The market profile on TradingView is a chart type called “Time Price Opportunity.”. Here is how you can add it to your chart: 1- Click on the chart type at the top left of a TradingView chart, right to the left of indicators. 2- Click “Time Price Opportunity,” and the market profile will be added to your chart.
Apr 4, 2024 · Volume Profile creates a visual representation of volume data, offering insights into market dynamics and sentiment by highlighting areas of significant buying or selling pressure. Techniques include observing the point of control (POC) and identifying the value area (VA) for areas of high liquidity and trading opportunities.
Apr 12, 2024 · How to Set up the RS: Market Profile as a Free Volume Profile Indicator on TradingView. 1- Add the custom indicator using this link and scroll down to add the indicator to your favorites. 2- On a TradingView chart, click indicators, and add the RS: Market Profile. 3- Click the gear icon on the indicator at the top left of the chart to edit the ...
Apr 15, 2024 · So for example if 1000 contracts traded at the $500 level it would show that in the profile, it does not matter if 500 of those contracts were traded at 930am and 500 contracts were traded at 4pm, all that matters is the volume and price it traded at, time is irrelevant.
2 days ago · Volume Profile is a market analysis indicator in the form of a histogram on a chart that represents trading volumes at different price levels on a given timeframe. Traders can make decisions based on the information given by the profile: Volume profile is arched. Supply and demand are balanced. The market is flat. Volume profile is thin.
