How to trade with volume profile

The Quantum VPOC indicator has several unique features all designed to help you see inside the market and to trade with the flow, and not against it.

In other words the volume price relationship on the y axis. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. 

It shows how much trading activity has taken place at each price level touched throughout the trading session.

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Jan 14,  · Volume profile updates every time a new trade order in the market is filled, and the point of control, value area, high volume nodes and low volume nodes all change numerous times throughout a given trading session—especially on actively traded instruments—as more volume activity is recorded.

As a result, as the market approaches these regions on the chart price action is likely to become waterlogged with further congestion likely with the node acting as a strong area of support or resistance. As we have seen a strong acceptance of price at this level in the past, this is likely to be repeated with the market swinging in a range.

Ultimately the market may reverse off these levels, with any move through then confirming the current sentiment. Low volume node LVN - this is where we see low volume in the volume profile. In these regions, the market has only paused temporarily - in other words a region where price has been rejected in the past. As such we are likely to see the market move quickly through these regions with little in the way of resistance or support acting to prevent a further advance of decline in price.

The current sentiment is likely to continue and build quickly through these levels. Volume Point of Control Line - this is drawn as a single line on the highest volume of the High Volume Node in the timeframe and clearly defines the tipping point of sentiment. This moves dynamically and represents the fulcrum of market sentiment.

If it is above the price action, then the current market sentiment is bearish. If it is below the current price action, then the current market sentiment is bullish. The VPOC Line reveals this balance simply, quickly and clearly allowing you to judge market sentiment with accuracy and confidence. The Quantum VPOC indicator has several unique features all designed to help you see inside the market and to trade with the flow, and not against it.

Volume Point of Control Line — this is drawn as a single line on the highest volume of the High Volume Node in the timeframe and clearly defines the tipping point of sentiment. This moves dynamically and represents the fulcrum of market sentiment. If it is above the price action, then the current market sentiment is bearish. If it is below the current price action, then the current market sentiment is bullish. The VPOC Line reveals this balance simply, quickly and clearly allowing you to judge market sentiment with accuracy and confidence.

As with all the Quantum Trading indicators, the VPOC indicator is dynamic, constantly changing and updating to reflect the relentless shift in sentiment as the market moves from bullish to bearish and back again.

The indicator works in all timeframes and provides a powerful and much deeper understanding of support and resistance through the prism of volume and the associated High and Low Volume Nodes, with the Point of Control itself, acting as the fulcrum of the market. Installation Open your MT4 platform and in the top level navigation: This is where you can configure all the various user settings for your currency strength indicator.

To move from one tab to another simply left click on the grey tab to select the appropriate window. Common Tab The Common tab displays two boxes. Both of these should be checked as shown. This ensures that you have enabled the DLL imports as explained in the installation instructions.

Inputs Tab Period The Period parameter determines the scope of the indicator. The objects generated by the indicator such as the support and resistance zones, volume point of control, and the volume profile will cover bars up to the set value of the period parameter. For example, the Period is set to the default value which is bars. The indicator will calculate the volume profile from the th bar in the chart to the most current one.

The support and resistance zones as well as the volume point of control will only be projected to the th bar in history. Volume profile bar count The volume profile the indicator generates is composed of several horizontal bars stacked on top of each other of varying lengths. Increasing its value will make each bar of the volume profile narrower but increase in number. The support and resistance zones also become narrower but retain its number. The support and resistance zones become narrower but retain its number.

 

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Learn To Trade The Point Of Control. February 23, by Paul Kirchhoffer. Â How Old Salty Learned To Trade the Point of Control. 2nd Edition - Trading Strategy Guidebook with newly updated historical results. * First. Email * .

A naked point of control represents the high volume price within a bar that has not been pierced by a subsequent new bar. It is represented as a line drawn across the chart into the future until price trades that price again. The Point of Control, commonly abbreviated as POC, is a Market Profile term which describes the price level where the most volume was traded (also known as the price level where the most TPO's have printed). 

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See also Virgin Point of Control. This value can be calculated using the Market Profile Calculator. Values for popular futures contracts are calculated daily and posted in the Market Profile Forum. Market Profile takes the data from each day’s trading session and organizes it to help us understand who is in control of the market and what is perceived as fair value. Market profile is more similar to the Market Internals (market breadth and advance/decline line) than a moving average or stochastic indicator.

Installing and Configuring – Volume Point of Control (VPOC) Indicator General – getting started. Every trading strategy, particularly those focused on technical analysis exploits any combination of the following factors: volume, price, and time. Jan 14,  · Volume profile updates every time a new trade order in the market is filled, and the point of control, value area, high volume nodes and low volume nodes all change numerous times throughout a given trading session—especially on actively traded instruments—as more volume activity is recorded.

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