The Basics of Volume Profiles: Tutorial
We know everyone loves Volume Profiles! That's why we made this video. We want to dive in a little deeper to show you how to set up your Volume Profile and specifically what each setting means.
Point of Control (POC) – The price level for the time period with the highest traded volume.
Profile High – The highest reached price level during the specified time period.
Profile Low – The lowest reached price level during the specified time period.
Value Area (VA) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Value Area High (VAH) – The highest price level within the value area.
Value Area Low (VAL) – The lowest price level within the value area.
Developing POC - Toggles the visibility of the Developing Point of Control, showing you how POC was changing when the market was in session.
Developing VA - Toggles the visibility of the Developing Value Area, showing you how VA was changing when the market was in session.
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