These videos are primarily just to share my journey and are considered for educational and entertainment purposes only. You can apply the data in different time frames such as intraday, daily, weekly, monthly, and so on. The stock price will generally revert to VPOC, so traders can short at the top of the extreme level and play it back to the VPOC. The price level that has the highest volume (widest horizontal row) is referred to as the point of control (POC), which identifies the price level where most trades took place. TOS is not great for VPRO/TPO with the aggregate tick, but I have noticed with equities its close enough to get the job done. Ultimate Volume Indicator Study for ThinkOrSwim to Improve Trading Break or Bail Trading 1.01K subscribers Subscribe 385 11K views 10 months ago This ultimate volume indicator study will. Past performance of a security or strategy does not guarantee future results or success. Volume Profile Analysis is a way to analyze the different characteristics of trading volume on the chart. In this scenario, one strategy traders could employ is to attempt to sell the top 15% of the range or buy the bottom 15%, with the expectation of price returning to the POC. The price of a stock tends to gravitate towards areas of value, which are found by searching for HVNs. The number of bars used to calculate the Volume Flow Indicator. . Volume, at its most basic level, may be able to provide valuable information. Tired of trying to guess where support and resistance levels are located for the underlying instruments youre trading? Supporting documentation for any claims, comparison, statistics, or other technical data will be supplied upon request. Forex trading involves leverage, carries a high level of risk and is not suitable for all investors. The community and its professional traders will provide all the help you need to become a successful trader on the stock market. The widest horizontal row of the Volume Profile indicator defines the specific price at which the most volume has traded over the specified time period. When the market becomes imbalanced, it often indicates a trending market. Market volatility, volume, and system availability may delay account access and trade executions. Thomas Wong our resident Thinkorswim expert will show you how to setup the very popular Volume Profile Study in your ThinkorSwim Desktop app!In this video, he will walk you through step by step showing you how to set up the Volume Profile Indicator using the Thinkorswim platform. If the POC and value area are toward the bottom, creating a b-type pattern (see figure 2), this usually indicates a bearish trend. The day volume profiles are easily compared to a standard deviation bell curve. Here is the POC avg compared to 100 length SMA and EMA. If you want hands-on help learning about technical analysis, the HaiKhuu Trading Discord Community is the best resource available. Any investment decision you make in your self-directed account is solely your responsibility. Chart source: The thinkorswim platform. Defines whether or not the profile is shown on the expansion area of the chart. I have a day job so I mostly trade with . To add volume profile to your ThinkorSwim chart, go to the chart tab. In conjunction with other indicators such as price movement, trend lines, and other technical indicators, the volume profile provides the trader with a complete picture of the trading environment. Do you want a deeper view of the supply and demand dynamics currently at work in stocks, futures, or any other investment in which you can measure volume? TDAmeritrade, Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. ---Learn how to trade the stock market for free: Learn To Trade Stocks for Beginners: https://bit.ly/3xRkken Learn To Trade Stocks for Intermediate Traders: https://bit.ly/3MnQkuE Learn To Trade Stocks for Advanced Traders: https://bit.ly/3K7RZmB Learn To Day Trade Stocks: https://bit.ly/3LfjPii Learn To Trade Futures: https://bit.ly/3xMKZct LIVE Trading Rooms ($275/month): https://bit.ly/3EHJwFCGrow your trading account on autopilot Trading Automation: https://bit.ly/3kaZQVX---Follow Us on Social Media:Instagram: https://bit.ly/36J2E3GTwitter: https://bit.ly/37K5Nl6Facebook Page: https://bit.ly/36NIDZyVisit Our Website: https://www.reallifetrading.com/Contact Us: reallifetrading@gmail.com#StockMarket #Trading #DayTrading#StockMarket #Trading #DayTrading #thinkscript indicators
Baltimore Jazz Radio Stations, Articles T