Volume indicator

Volume Profile

A histogram distributing traded volume across price levels rather than across time.

Volume Profile

Original schematic showing the guide's principal visual relationships.

Volume ProfileA histogram distributing traded volume across price levels rather than across time.

Formula and components

A histogram distributing traded volume across price levels rather than across time.

Aggregate volume into price bins; identify the point of control and high- or low-volume nodes.

How it works

The indicator transforms price, range, or volume observations over a selected lookback. Shorter settings react faster but create more noise; longer settings respond more slowly and emphasize the underlying regime. Always compare the reading with price structure and timeframe.

How to read it

High-volume nodes show accepted price areas, low-volume nodes show thin participation, and the point of control marks the busiest price bin.

Confirmation checklist

Confirm that participation supports the price move and compare like-for-like sessions. One unusual print or event-driven spike should not define the entire signal.

Limitations and false signals

Results change with session boundaries, bin size, and data source. Aggregated volume does not reveal whether buyers or sellers initiated each trade.