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.
 
  
# Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span>
 
# 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.<br><span>{{FormatWindow}}</span>
 
# 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'''.
 
 
[[Category:Chart Scaling]]
 

Revision as of 19:18, 26 October 2012