Volume Profile Pro
Volume Profile Pro
Description
Advanced volume analysis with dynamic POC and value area indicators. This professional-grade tool provides deep insights into market volume distribution, helping traders identify key price levels and potential reversal zones.
Key Features
- Dynamic Point of Control (POC)
- Value Area analysis
- Volume distribution visualization
- Real-time volume profile updates
- Multiple timeframe support
- Custom alert system
Technical Specifications
- Platform: TradingView
- Version: 3.2.0
- Last Update: January 2024
- Compatible With: All devices with TradingView access
Installation Steps
- Purchase the indicator from TradingView marketplace
- Open your TradingView platform
- Go to Chart Settings > Indicators
- Find the indicator in “My Scripts” section
- Add it to your chart
- Configure the settings as needed
Getting Started
After installation, you can start using the indicator by following these steps:
- Add the indicator to your chart
- Configure the volume profile settings
- Adjust the POC and Value Area parameters
- Set up custom alerts for key level breaks
- Use the multi-timeframe analysis feature for comprehensive market view
Frequently Asked Questions
What is Point of Control (POC)?
The Point of Control represents the price level where the highest volume of trading occurred during the selected period, indicating significant market interest.
How often does the volume profile update?
The volume profile updates in real-time on TradingView, providing you with the most current market volume distribution data.
Can I customize the value area calculation?
Yes, you can adjust the value area percentage and calculation method to match your trading preferences.