Overview
Suitable for breakout, reversal, or trend following strategies, many traders are using volume profiles in their trading arsenal to get visibility of the price levels where the most and least volume has traded over a given time. When price returns to an area where previously a large volume has been traded we can naturally expect support/resistance. Likewise, when price returns to a region where previously a very small amount of volume was traded we can expect the price to move through that area with relative ease.
One unique feature of the TDU Volume Profile is that it allows you to show the volume profile for the visible range. This means that the volume profile shown is based only on the candles you are seeing. If you zoom in/out or drag your chart left/right then the volume profile is immediately updated
Key Features
- Plots volume profile for each session
- Plots volume profile for the visible range
- Volume profile of the current session can be displayed on the right side of the chart
- Shows all the important levels like POC, Value Area Hi & Lo and session hi, low and mid
- Volume profile can be positioned on the left, the start of the session, or right on the chart
- Today's volume profile can be shown at the start of the session or right end of the chart
- Configurable resolution (ticks, seconds, minutes)
- Configurable profile width
- Can Hide/show labels of previous days
- Works on any timeframe
- Works on any instrument
- Works on any bar type
Changelog
30-03-2021 v1.0.0.4
- new option to specify if the volume profile for the current day should be shown at the start of the session or right of the chart
- new option to extend the levels of the current day
10-03-2021 v1.0.0.2
- fixed issue with NinjaTrader 8.0.2.4
05-03-2021 v1.0.0.1
- small bugfixes
Terms
We offer a 100% free 5-day trial of all our indicators allowing you to test our software before buying it. Since you are able to test all our software before buying it all sales are final and non-refundable!
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