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daxtrader54
Dec 5, 2016 5:08 AM

Potential support levels from the Volume Profile 

DAX index of German listed sharesFXCM

Description

If we look at the volume profile (15-minute chart showing the last month) and focus on the higher volume areas, we can draw these four zones that may act as potential support levels if price breaks lower. The issue with predicting these support levels is the Italian referendum result is likely to cause volatility.
Comments
nojnoj33
Hi, How do you add the monitor on the right?
DGDM
@nojnoj33, pay for it lol
DGDM
@nojnoj33, its called VAP (volume at price)
tedjones2018
How to activate the Volume indicator on the right?
DGDM
@tedjones2018, with the greenback in your pocket
Trayderz
Hey Dude can't find VAP in Scripts or Indicators now - withdrawn or superseded? Currently use Visible Range which seems to be missing some of the functionality of the indicator displayed here? Any info appreciated!
BinaryForexSignals
@Trayderz, in indicators you will see in bottom volume profile
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