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Volume Profile

881 bytes added, 15:45, 5 November 2012
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===Understanding Volume Profile===
RESERVED SPACEVolume Profile is the tool providing traders opportunity to see how much volume was traded on particular price levels lately or within a specified time periods. It also divides all traded volume into BUY volume and SELL volume, so a trade can see whether there were more BUY trades or SELL trades on a particular level. There are multiple options to see those values and to customize the volume profile colors.
===Using Volume Profile===
#* '''Total Volume'''. If this profile is selected, it displays '''ask + bid''' volume provided by a data source for every tick. Each line demonstrates total volume traded on a specific price level and colored in blue (by default).
#* '''Buy x Sell Volume'''. If this profile is selected, it displays '''ask x bid''' volume provided by a data source for every tick. Depending on the ask and bid volume amounts each line is colored in green and red (by default) proportionally.
#* '''Delta'''. If this profile is selected, it displays '''total volume''' value and '''bid - ask''' result as a part of the total volume in each line. If the bid ASK - ask BID result value is negative, it is colored in red, if the value is positive it is colored in green (by default).<div style="background-color: #E5F6FF;">'''Example''': If the ASK volume is 3000 and BID volume is 2000, their delta is 1000, so the 4/5 of the line is colored in blue and 1/5 of the line is green, meanwhile the shown value is 5000 (Total Volume).</div>#* '''Buy vs Sell Volume'''. If this profile is selected, it displays '''total volume''' value in each line and the line is colored in green/red (by default) depending on the ask volume is greater or smaller than bid volume.<div style="background-color: #E5F6FF;">'''Example''': If the ASK volume is 3000 and BID volume is 2000, the ASK volume is greater than BID volume, the line is colored in green, however the shown value is 5000 (Total Volume).</div>
# Select '''Breakdown by''':
#* '''Ask Traded vs Bid Traded''' method:
#** Number of every '''Sessions'''.<div style="background-color: #E3FBE5;">'''Note''': In comparison to '''Last''', the starting point for '''Every''' is the first bar on chart. Volume profile will not cover a period more than the specified [[Data Range]] in chart settings.</div>
#* If '''Start ... End ...''' option is selected, it shows Volume Profile for a specified period of time according to your regional settings.<div style="background-color: #E5F6FF;">'''Example''': Show volume Profile from ''dd/mm/yy hh:mm:ss'' to ''dd/mm/yy hh:mm:ss''.</div>
# There are 2 available '''AligmentAlignment'''s:
#* To show Volume Profile from the '''Right''';
#* To show Volume Profile from the '''Left'''.

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