Key Takeaways
Volume Profile
Shows volume traded at each price level, identifying key support/resistance zones.
Formula
Detailed Explanation
Volume Profile displays volume horizontally at price levels instead of time-based.
Key Components:
- POC (Point of Control): Price with highest volume
- VAH (Value Area High): Upper boundary of value area
- VAL (Value Area Low): Lower boundary
- Value Area: Contains ~70% of volume
Trading Setup Example
Entry, stop loss, and take profit levels.
Always wait for signal confirmation before entering a trade.
Where This Indicator Works Best
Trend context and market position.
Confirms price moves through volume analysis.
Live Chart ā Volume Profile
See Volume Profile in action on a live chart. Try changing the settings and timeframe.
Volume Profile is a manual drawing tool or chart type and cannot be auto-overlaid as a study.
Open Chart on TradingViewParameters
š Bullish Signals
Price breaks above high volume node with momentum
š Bearish Signals
Price breaks below high volume node with momentum
Python Implementation
Basic volume profile calculation
TradingView Pine Script
MT5 MQL5 Code
Python Libraries
Common Mistakes
Confirmation Signals
Best For
š” Pro Tips
- ā¢HVN (High Volume Nodes) act as magnets
- ā¢LVN (Low Volume Nodes) price moves through quickly
- ā¢POC is the price with most volume - strongest level
Educational Disclaimer
This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.