There is an ongoing discussion within the trading community about which tool is better for analyzing market behavior: Market Profile (MP) or Volume Profile (VP). The former was popularized by Jim Dalton in his book "Mind Over Markets," while the latter has many advocates as well, including Peter Reznicek (aka ShadowTrader). With the release of the new "Time Price...
Welcome, traders! In this guide, we'll explore a tool that can significantly enhance your trading skills - the Volume Range Profile. You'll learn how to use it to identify key support and resistance levels, trend reversals, and execute successful trades. 📊💹
Key Learning Points:
Understanding Volume Range Profile:
The Volume Range Profile is a tool that displays...
Using a composite volume profile and setting the bars to significant lows in the last couple of years, you can see that the VPOCs (Volume Point of Control) are almost perfect.
By using a hollow Composite Volume Profile in conjunction with a Solid Volume Profile, you can spot-check where low and high volume nodes are on different time-scale profiles.
What does...
I can say that Fixed Range Volume Profile is strong tool to determine targets and stop loss, POC point of control as per my research represent a central price and bar close price is turning around it, so when you assign take profit and stop loss as per it, you reduce the risk and have a plan B to manage your trade.
as you see in above chart for BTCUSD, we have...
There’s a reason why trading volume has been a standard indicator on every piece of charting software over the last 30 years… it provides a crucial edge.
Volume provides you with logical insight into the activity of market participants at varying price levels. Volume analysis helps traders to become more reactionary to price movements rather than trying to...
📍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
🔷 Identify Balanced vs...
Disclaimer: Not Financial Advice
Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again!
1. How I Use Volume Profile Tool
(From Last Major Swing To Present)
Blue Lines = Immediate Support/Resistance (Range)
- Best entry ZONES, Area to WAIT for BUY SETUPS
- Best to wait for price to pass sup/res lines and...
Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance zones) and liquidity gaps. In this idea I will explain how to use the indicator and mark these areas to make trades and why it works.
Let's start at the beginning.
💹What are value areas (support and resistance zones)?
🔶The value...
🔥 Hi friends! Point of control is a part of volume profile indicator and very useful tool to identify upcoming BTC or any other asset move. I will explain you how to use this tool in your trading and make a good profit in this idea.
💹 Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance...
HI Guys, I will bring here an example of operation, follow the thread
On that day, I observed prices trading in a strong resistance zone and close to the 200 descending EMA, so I looked for sales with targets in the support zones.
I ended up taking my first take at $1.85 and I went with the targets plotted on the screen as an objective.
Yesterday the price...
VOLUME PROFILE SECTIONS:
1> What is Volume ?
2> What are volume NODES?
3> HIGH vs LOW volume NODES
4> Value Area - $ Price Rotation
5> 3 KEY Parts of VALUE Area? “VAH” “VAL” “POC”
6> Types of “Time Per Profile”
7> 4 Common Volume Profile SHAPES - D P B b
8> How to use for ENTRY/ EXIT
9> Trade Plan - What Is That?
1. What is VOLUME when it comes to...
