Difference between revisions of "Volume Profile"
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Volume Profile displays a histogram of the transaction volume at each price level over a certain time period. | Volume Profile displays a histogram of the transaction volume at each price level over a certain time period. | ||
| − | # Open the '''Format | + | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> |
# Select the '''Volume Profile''' tab. | # Select the '''Volume Profile''' tab. | ||
# Select the '''Data Type''' drop-down box to choose whether the volume for each bar will be plotted on the open, high, low, close, or mid price of the bar. All of the volume for the bar will be aggregated and plotted on the chosen price. | # Select the '''Data Type''' drop-down box to choose whether the volume for each bar will be plotted on the open, high, low, close, or mid price of the bar. All of the volume for the bar will be aggregated and plotted on the chosen price. | ||
| Line 13: | Line 13: | ||
#* Select '''Points''' to base the bins of volume profile on the specified number of ticks, or | #* Select '''Points''' to base the bins of volume profile on the specified number of ticks, or | ||
#* Select '''Units''' to base the bins of volume profile on the specified number of ticks in price format. For example, if 1 tick equals 0.25, then basing the bins on 1 point is the same as basing the bins on 0.25 units. | #* Select '''Units''' to base the bins of volume profile on the specified number of ticks in price format. For example, if 1 tick equals 0.25, then basing the bins on 1 point is the same as basing the bins on 0.25 units. | ||
| − | # Select '''OK''' to close the Format | + | # Select '''OK''' to close the Format Instruments window. |
# Open the '''Format Window''' window.<br><span>{{FormatWindow}}</span> | # Open the '''Format Window''' window.<br><span>{{FormatWindow}}</span> | ||
# Select the '''Volume Profile''' tab. | # Select the '''Volume Profile''' tab. | ||
Revision as of 17:02, 5 March 2012
Volume Profile displays a histogram of the transaction volume at each price level over a certain time period.
- Open the Format Instruments window.
To open the Format Instruments window, click the Format Instruments
icon on the main toolbar;
if the Format Objects window appears, select the symbol and click the Format button.
The Format Instruments window can also be opened by one of the following methods:
- Position the mouse pointer over the symbol's data series; double-click once the Pointer
changes into a Hand 
;
- Position the mouse pointer over the symbol's data series; once the Pointer changes into a Hand right-click and then click Format Symbol Name;
- Right-click on an empty area of the chart and then click Format Instruments; if the Format Objects window appears, select the symbol and click the Format button;
- Select Format in the main menu and click Instrument; if the Format Objects window appears, select the symbol and click the Format button. - Select the Volume Profile tab.
- Select the Data Type drop-down box to choose whether the volume for each bar will be plotted on the open, high, low, close, or mid price of the bar. All of the volume for the bar will be aggregated and plotted on the chosen price.
- In the Data Range section,
- Select Last Session to base the time period of the volume profile on the last session, or
- Select Screen to base the time period of the volume profile on the data shown on the screen, or
- Select Entire Series to base the time period of the volume profile on the entire data series, or
- Select Back to base the time period of the volume profile on the specified number of bars.
- In the Volume Bar Step section,
- Select Pixels to base the bins of the volume profile on the specified number of pixels, or
- Select Points to base the bins of volume profile on the specified number of ticks, or
- Select Units to base the bins of volume profile on the specified number of ticks in price format. For example, if 1 tick equals 0.25, then basing the bins on 1 point is the same as basing the bins on 0.25 units.
- Select OK to close the Format Instruments window.
- Open the Format Window window.
To open the Format Window window, click the Format Window
icon on the Chart Analysis toolbar.
The Format Window window can also be opened by one of the following methods:
- Double-click on an empty area of the chart, or on the chart's Status Line
- Right-click on an empty area of the chart and then click Format Window
- Select Format in the main menu and click Window. - Select the Volume Profile tab.
- In the Settings section, select the Left checkbox to display the volume profile on the left side of the chart. Select the Right checkbox to display the volume profile on the right side of the chart. Enter the width of the display after selecting either the left or right side.
- In the Style section, select the color of the volume profile.
- Select OK.
