top of page

Indicator:

Volume Profile

Volume Profile is a powerful analytical tool that displays the amount of trading activity at various price levels over a specified period. By highlighting the price levels where significant buying and selling occur, it helps traders identify key support and resistance zones. Understanding these areas can greatly enhance decision-making and provide deeper insights into market behavior, making Volume Profile a crucial tool for technical analysis and trading strategy development.

Volume Profile Indicator


Type of Indicator


The Volume Profile is a technical analysis tool that displays the volume of trades executed at different price levels over a specified time period. Unlike traditional volume indicators that show volume over time, Volume Profile shows volume at various price levels. It is a volume-based indicator that helps traders understand where the most buying and selling activity has occurred.


Purpose


The primary purpose of the Volume Profile is to identify key price levels where significant trading activity has taken place. This helps traders:

  • Determine support and resistance levels,

  • Identify areas of high and low trading interest,

  • Analyze market structure and potential reversal points.


Calculation Method


Volume Profile is calculated based on the number of transactions (volume) at different price levels over a chosen period. Key components of Volume Profile include:


  • Point of Control (POC): The price level where the highest volume of transactions occurred.

  • High Volume Nodes (HVN): Price levels with significant trading activity.

  • Low Volume Nodes (LVN): Price levels with minimal trading activity.


Volume Profile is typically displayed as a histogram alongside the price chart, where the length of each histogram bar corresponds to the volume of transactions at that price level.

Trading…

Prop trading firms that specialize in futures offer traders capital to trade various instruments, ranging from commodities to indices, provided they meet certain performance criteria. These firms foster trading skills through educational resources, hands-on mentoring, and access to sophisticated trading platforms. By empowering traders with both the financial backing and the knowledge necessary for effective trading, they help participants capitalize on market opportunities while managing risks.

Reliable Prop Trading Firms for Futures

logo_288x162_xm.png
Alpha Futures offers futures trading with substantial capital, profit splits up to 90%, and rigorous risk management. Join with a capital allocation of up to $450K.

Instruments:

CME

Platforms:

AlphaTicks
logo_288x162_xm.png
Purdia Capital offers professional futures trading with various account types, up to 90% profit split, and a strong risk management system. Start trading with proven platforms.

Instruments:

CME, COMEX, CBOT, NYMEX

Platforms:

Tradovate, TradingView, NinjaTrader
logo_288x162_xm.png
Savius offers instant funding for futures traders, with profit shares up to 80% and accounts up to $300K. Trade on CME, CBOT, NYMEX with advanced platforms.

Instruments:

CME, COMEX, CBOT, NYMEX

Platforms:

Atas, Quantower, Volsys, Volbook

Tools like Forex Factory, Yahoo Portfolio & Tracker, and TradingView Ideas offer features that assist traders in global market navigation, including real-time data tracking, customizable watchlists, and economic news integration. These tools support trading strategies across various markets, such as US stocks, forex, and commodities, providing insights that help traders make informed decisions. The combination of advanced analytics and user-friendly interfaces makes them suitable for traders of all experience levels.

Leading Trading Platforms for Global Investors

Trading Central offers advanced technical analysis, real-time market data, and comprehensive insights into financial instruments. It helps traders efficiently identify patterns and potential trading opportunities, making informed decisions based on reliable data and expert analysis.
Myfxbook Economic Calendar helps investors track key economic events and analyze their potential impact on financial markets. It offers detailed event descriptions and historical data, enabling traders to anticipate market reactions and make better-informed trading decisions.
Autochartist identifies technical patterns in real-time, offering traders alerts and detailed analyses to optimize investment decisions. It provides a variety of pattern recognition tools that help traders anticipate market movements and react swiftly to changing conditions.
Yahoo Portfolio & Tracker allows investors to manage portfolios, access real-time data, and utilize advanced analytical tools for making informed investment decisions. It provides a user-friendly platform to track market trends, news, and individual stock performance comprehensively.
Forex Factory Traders provides detailed analytics and a social platform for currency traders to share strategies, track performance, and discuss market trends. It fosters a community where traders can learn from one another and improve their trading tactics through collective insights.
TradingView Ideas lets traders share market analyses and strategies, fostering knowledge exchange and enhancing trading skills through active community interaction. It serves as a valuable platform for users to discuss trading ideas, study market trends, and follow experienced traders' recommendations.

Stock brokers facilitate trading by offering investors a gateway to global stock markets, enabling access to shares of well-known companies. Through these brokers, investors can build portfolios that reflect their financial goals, balancing growth and income potential. The brokers provide comprehensive tools for market analysis, real-time trading, and personalized guidance, allowing investors to make smart, timely decisions. By leveraging these services, traders can capitalize on market opportunities and aim for consistent growth while effectively managing risks.

Top-Rated Stock Brokers for Active Traders

logo_288x162_xm.png
Lightspeed is a top broker for active stock traders offering low commissions and advanced platforms like Lightspeed Trader. Enjoy fast execution, flexible pricing, and access to major exchanges.

Instruments:

US Stocks: NYSE, NASDAQ, AMEX, OTC Markets

Platforms:

Lightspeed Trader, Eze EMS Pro, Eze EMS Express, Sterling Trader Pro, Sterling Vol Trader, SILEXX OEMS
logo_288x162_xm.png
Alaric Securities provides zero-commission US stock and options trading, along with access to NYSE and NASDAQ. Benefit from fast execution, advanced tools, and competitive rates on other markets.

Instruments:

US Stocks: NYSE, NASDAQ, AMEX, OTC Markets

Platforms:

Hammer Proâ„¢, Hammerâ„¢ Lite+, Hammerâ„¢ Lite, Sterling Trader Pro, Sterling LST
logo_288x162_xm.png
Ally Invest provides commission-free trading for stocks and ETFs, low-cost options at just $0.50 per contract, and powerful tools like real-time data and margin trading for both new and experienced investors.

Instruments:

US Stocks: NYSE, NASDAQ, AMEX, OTC Markets

Platforms:

Ally Invest Web Platform, Ally Invest Desktop, Ally Mobile App
bottom of page