How To Use The Volume Profile? ++ Strategy & Analysis

On this page, we showed you how to use the Volume Profile by the ATAS trading software. But you should be aware if you get the right data for the analysis. The tools it working with future contract charts and data. You need the real trading volume of the stock exchange to make a professional analysis.

  • Furthermore, there are more indicators in the chart that show us that the trading idea could work.
  • From our experience, it is a very customizable platform and easy to use for beginners.
  • The round 1 winner announcements occurred in a live event streamed across the company’s socials and website, officially selecting the winners on air via a third-party app.
  • In addition, the Volume Profile got 3 important points that can be marked automatically.

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Read more about this software in our full review of ATAS. ATAS is developed for stock, crypto, and futures trading. You can combine this software with any broker you want. The software got a very nice interface that is updated continuously.

Versatile, seasoned, and passionate, the Orbex research team is made up of market analysts, macro-economists, experienced traders and Elliott Wave specialists. Daily publications cover fundamental and technical analysis, daily trading signals, quarterly market projections and educational content. Trading multibank exchange group review Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

It is a simple tool provided by the most trading platforms which are offering stock, bond, or futures trading. It can give you advantages over the market by analyzing the volume. In the next section, we will give you instructions and show some successful trading strategies. You will get a fast execution of your trades and there are no additional fees for your trading account.

The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. The Volume Profile shows you the vertical traded volume on the price and you will see important areas like the VPOC and value area.

Our trading conditions and account types are curated to meet the needs of all trading styles. Whether you’re a scalper, swing trader or hedger, you can find a home at Orbex. etoro broker review uk Benefit from daily actionable analytics and market research from the renowned in-house Orbex investment research team as well as the exclusive Orbex Trading Central package.

The Volume Profile is one of the best tools for any order flow and volume trader. You can search for entries outside the value area and search for reversals. If the market does not want to trade the market will search for new prices. The regulated firm has cited the desire to give back to their trading community as inspiration for the launch of the competition. The Orbex MT4 platform allows you to trade on the go whether you are on Android or iOS.

And within all the active parts are zigzags A-B-C, consisting of minor waves. The current USD/CAD structure indicates the formation of a bullish zigzag consisting of sub-waves — and being a simple zigzag. The round 1 winner announcements occurred in a live event streamed across the company’s socials and website, officially selecting the winners on air via a third-party app. The Comision National del Mercado de Valores has determined that Forex/CFDs are not appropriate for retail clients residing in Spain due to their complexity and high risk.

You will see that the market often spends time in the value area. It is because the price is seen as a fair price by most traders. In the value area, there is 70 percent of the traded volume. The point of control shows you the most traded volume.

Competitive Trading Conditions

It is possible to show the VPOC, volume area, or not. All in all, it is very easy to customize the Volume Profile with ATAS. For detailed instructions, you can watch the video above where we showed it step by step. And could have fully formed, while is still under construction. As part of the wave , the development of correction B has recently finished.

This might be good for stocks, and currently more risky plays like tech and consumer discretionary. As for currencies, the dollar, franc, and yen could potentially suffer as people pull their assets from safe havens to buy into the new trends of the year. Orbex Limited does not offer its services to residents of certain jurisdictions such as the USA, Iran, North Korea. Trade with tight spreads starting from 0.0 pips on the internationally acclaimed MetaTrader 4 platform. Receive daily actionable analytics from professional market experts & seasoned Elliott Wave specialists. The next sections only change the colors and areas of the Volume Profile.

The Perfect Trading Environment For All Investment Styles

This strategy is very powerful for earning a few ticks in the market. Entries can be combined with the footprint chart to get a very small stop loss. In the picture below you buy bitcoins with bank account will see an example of the VPOC strategy. From our experience, the best time horizon for day trading is daily. For scalping, you can use the hour profile or 4-hour profile.

Desktop traders can also access the platform on both Windows and Mac OS. Orbex has been serving traders responsibly since 2011, winning several awards along the way including the Decade of Excellence Award, 2021. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. As you see in the picture these areas can be used as resistance and support levels.

The external period means on which time horizon the volume profile is shown. You can change it for short time periods or long-term. For example, it is possible to show the Volume Profile on a weekly or monthly basis. On the 1st of January, there’s typically a lot of contracts rolling off, from employment contracts for CEOs to business agreements, to securities lockups. This means traders who are just coming back from the holidays will re-adjust their positions given the new situation. Orbex Global Limited is fully licensed and regulated by FSC Mauritius.

Orbex Announces Winners Of 1kg Of Gold

It indicates buyers or sellers who want to trade new prices. By using any strategy you can analyze the market trend very easily with the Volume Profile. Traders can focus on the volume area and search for a volume area shift or inside day. Trending markets or range markets can be spotted by analyzing the value area. But keep in mind the trend can be changing very fast this type of analysis only works with probabilities. The trading software can do this for you automatically and extend the VPOC line till the first touch.

In the short term, market participants can expect a decline in the impulse wave C to the 1.245 area. Alternatively, the development of the primary bearish intervening wave consisting of sub-waves — has ended. These sub-waves all together make up a bearish triple zigzag.

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Not only is Orbex a trusted and award-winning broker, but it is also fully licensed by the Mauritius Financial Services Commission . Adhering to the strictest international regulations, Orbex has worked hard to consolidate its reputation as a trusted broker in the industry. A leading provider in Elliott Wave research, Orbex analysis is frequently featured across global financial outlets, including Bloomberg, Refinitiv Eikon, and CNBC. The company offers multiple asset trading including forex, indices, stocks, commodities and metals.

Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results. This strategy is also based on the fact that the market is searching for liquidity. Where the most traded volume is there can be the most liquidity in the limited order book.

Can The Volume Profile Used For Forex?

In the previous sections, you have learned what is the Volume Profile. Now we will discuss some trading strategies which are easy to understand. The Volume Profile is a very powerful tool that can adapt to each time frame. No matter if you want to do short-term or long-term trades you can attach the tool to each timeframe.

The Best Trading Software For The Volume Profile

So if you add the market profile to the chart do not be surprised. You may have to change the custom proportion to get a good overview. Furthermore, you can change the volume to the delta, trades, or time profile. Established in 2011, Orbex was founded with a mission to serve its traders responsibly. And with that in mind, Orbex works diligently to provide its traders with access to the world’s largest and most liquid financial markets.