Volume Profile Overview
The Volume Profile is a dynamic horizontal histogram that delivers a detailed snapshot of key trading data. It includes traded volume, bid and ask volume, delta (the difference between ask and bid volume), or a blend of these metrics, all aggregated over a specific timeframe. This powerful visualization uncovers critical insights, empowering traders to pinpoint high-liquidity zones based on volume distribution, essential for identifying potential support and resistance levels.
Volume Profile Indicator Highlights
This indicator is included in our Orderflow Package.
- Ability to select from multiple pre-configured or user-specified timeframes:
- Current Swing Leg
- Current RTH and ETH sessions
- Current Week or Month
- Since a specified time
- During a specified time span
- Rolling number of Minutes, Days or Weeks
- Entire chart
- Chart visible range
- Custom range using visual selection tool
- Ability to choose Volume by Price, Delta by Price or both on the same chart
- Highly customizable Volume by Price and Delta by Price profiles
- Great flexibility in layout, placement, orientation and sizing of Volume and Delta profiles
- Ability to show Value Area (VAH, VAL, VPOC) with Volume by Price
- Tick compression
- Ability to hide chart bars
- Streamlined User Interface and intuitive grouping of Indicator Properties
- Does not require NinjaTrader’s Lifetime license
- Does not require Tick Replay