Volume indicators

Fixed range volume profile

A sideways histogram of where trading happened in the period you select: the busiest price (POC) and the value area that held 70% of the volume.

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Die Idee in einfachen Worten

Prices where a lot changed hands are where the market agreed on value; they often act as support or resistance later. Thin areas are crossed quickly.

So wird gerechnet

Click the start and the end of the period. Change the number of rows and the value area in the settings bar.

Each candle's volume is spread evenly over its high-low range into price rows
POC = the row with the most volume
Value area = rows around the POC holding 70% of the volume (VAH and VAL are its edges)

Anwendung

  • Profile a range: the POC is the fair price, the value area's edges are the levels to trade around.
  • Profile a move: low-volume gaps inside it are where a pullback can be fast.

Schlüsse ziehen

  • Price returning into the value area often travels to the other edge.
  • Acceptance outside the value area (closes beyond it) suggests a new range.

Beispiel

The profile of EURUSD's two-week range had its POC at 1.0870 and value area 1.0835–1.0905; the break above 1.0905 retested it before going higher.

Kurse in Beispielen dienen der Veranschaulichung.

Worauf man achten sollte

  • Uses tick volume for forex and CFDs (see Anchored VWAP).
  • A profile describes the past; levels need confirmation by price.

Ein wenig Geschichte

Developed from J. Peter Steidlmayer's Market Profile (Chicago Board of Trade, 1980s).

Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.