Changes

===Understanding Volume Profile displays a histogram of === Volume Profile tracks trading activity volume across different price levels and varying time lengths. It is an advanced chart attribute providing traders the opportunity to see the transaction most traded volume at each areas, how much volume was traded on particular price level over levels recently or within a certain specified time periodand divides total traded volume into BUY traded volume and SELL traded volume. ===Using Volume Profile=== Volume Profile can be turned on/off from the '''Format Instruments''' window:

# Select the '''Volume Profile''' tab.# Select Check the '''Data TypeShow Volume Profile''' drop-down check box to choose whether turn Volume Profile on/off. The '''Show Volume Profile''' check box is unchecked by default.# Select one of the available '''Profiles''':#* '''Tick Count'''. If this profile is selected, volume provided by the data source is not taken into account. Each tick volume equals to 1. Each line demonstrates the number of ticks traded on a specific price level colored in blue (by default). The following components are available for this volume profile style:#** '''Volume Bar Color'''. Identical to '''Total Volume''', shows total ASK + BID '''ticks''' traded on each price level. Default color is blue, it can be changed to any other color. Default size is 100, it can be decreased. Default style is Volume Shading, it can be changed to Solid Blocks, HollowGram or Invisible.#** '''Up OC'''. Shows price movement within volume profile at its end as green bar will if the openning price of the profile is lower than its closing price. Default color is dark green, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to Volume Shading.#** '''Down OC'''. Shows price movement within volume profile at its end as red bar if the openning price of the profile is higher than its closing price. Default color is red, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be plotted on changed to Volume Shading.#** '''POC'''. Shows the openprice level with largest amount of traded volume. Default color is pale pink, highit can be changed to any other color. Default size is 10, lowit can be decreased or increased up to 100. Default style is Invisible, closeit can be changed to Volume Shading, HollowGram or mid Invisible.#** '''Value Area'''. It is the area (specified in %) of most traded volume of the profile (100%).<div style="background-color: #E5F6FF;">'''Example 1''': Assume there are 5 price levels in volume profile. Total volume of level 1 is 400; total volume of level 2 is 600; total volume of level 3 is 1000; total volume of level 4 is 500; total volume of level 5 is 300. The total volume of the barwhole volume profile is 2800. Default Value are is 70%; 70% of 2800 = 1960. It always starts with POC, that is the level 3 with 1000 total volume. 1960 - 1000 (POC) = 960. Check closest levels: 2 and 4; each of these levels total volume is less than 960. Total volume of level 2 is higher then total volume of level 4. 960 - 600 (level 2) = 360. Check closest levels: 1 and 4; only level 1 total volume (400) is enough to cover 360.</div><div style="background-color: #E5F6FF;">'''Example 2''': Assume there are 5 price levels in volume profile. Total volume of level 1 is 200; total volume of level 2 is 600; All total volume of level 3 is 1000; total volume of level 4 is 200; total volume of level 5 is 300. The total volume of the whole volume profile is 2300. Default Value are is 70%; 70% of 2300 = 1610. It always starts with POC, that is the level 3 with 1000 total volume. 1610 - 1000 (POC) = 610. Check closest levels: 2 and 4; each of these levels total volume is less than 610. Total volume of level 2 is higher then total volume of level 4. 610 - 600 (level 2) = 10. Check closest levels: 1 and 4; each of these levels total volume is more than 10. Both levels are identical (200 and 200 total volume), in this case the rest 10 volume goes to the level then is lower, in this example it is the level 4.</div>#** '''Display Text'''. Shows numeric values for the bar will each price level. Default color is white, it can be changed to any other color. Default size is 100, it can be decreased. Default style is Total Ticks, it can be aggregated and plotted changed to Invisible or to POC.#** '''Outline'''. Frames traded volume on the chosen specified pricelevels. Default color is yellow, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to All Blocks or POC.# In the Data ** '''Volume Range section'''. Shows highest and lowest price levels of traded volume per profile. Default color is yellow, it can be changed to any other color. Default size is 10, it can be decreased or increased. Default style is Extended,it can be changed to Volume Shading or Invisible.#* Select '''Last SessionTotal 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). The following components are available for this style of volume profile:#** '''Total Volume'''. Shows total ASK + BID '''volume''' traded on each price level. Default color is blue, it can be changed to base any other color. Default size is 100, it can be decreased. Default style is Volume Shading, it can be changed to Solid Blocks, HollowGram, Invisible.#** '''Up OC'''. Shows price movement within volume profile at its end as green bar if the time period openning price of the profile is lower than its closing price. Default color is dark green, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to Volume Shading.#** '''Down OC'''. Shows price movement within volume profile on at its end as red bar if the openning price of the last sessionprofile is higher than its closing price. Default color is red, it can be changed to any other color. Default size can be decreased orincreased. Default style is Invisible, it can be changed to Volume Shading.#* Select * '''ScreenPOC''' . Shows the price level with largest amount of traded volume. Default color is pale pink, it can be changed to any other color. Default size is 10, it can be decreased or increased up to 100. Default style is Invisible, it can be changed to base Volume Shading, HollowGram or Invisible.#** '''Value Area'''. It is the time period area (specified in %) of most traded volume of the profile (100%). See the example above.#** '''Display Text'''. Shows numeric values for each price level. Default color is white, it can be changed to any other color. Default size is 100, it can be decreased. Default style is Total Volume, it can be changed to Invisible or POC.#** '''Outline'''. Frames traded volume on specified price levels. Default color is yellow, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to All Blocks or POC.#** '''Volume Range'''. Shows highest and lowest price levels of traded volume per profile. Default color is yellow, it can be changed to any other color. Default size is 10, it can be decreased or increased. Default style is Extended, it can be changed to Volume Shading or Invisible.#* '''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 data shown ask and bid volume amounts each line is colored in green and red (by default) proportionally.<div style="background-color: #E5F6FF;">'''Example''': If the ASK volume is 3000 and BID volume is 2000, the displayed value is 3000 x 2000.</div>#** '''Buy Volume'''. Shows ASK volume traded on each price level.#** '''Sell Volume'''. Shows BID volume traded on each price level.#** '''Up OC'''. Shows price movement within volume profile at its end as green bar if the openning price of the screenprofile is lower than its closing price. Default color is dark green, it can be changed to any other color. Default size can be decreased orincreased. Default style is Invisible, it can be changed to Volume Shading.#* Select * '''Entire SeriesDown OC''' . Shows price movement within volume profile at its end as red bar if the openning price of the profile is higher than its closing price. Default color is red, it can be changed to base any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to Volume Shading.#** '''POC'''. Shows the time period price level with largest amount of traded volume. Default color is pale pink, it can be changed to any other color. Default size is 10, it can be decreased or increased up to 100. Default style is Invisible, it can be changed to Volume Shading, HollowGram or Invisible.#** '''Value Area'''. It is the area (specified in %) of most traded volume of the profile (100%). See the example above.#** '''Display Text'''. Shows numeric values for each price level. Default color is white, it can be changed to any other color. Default size is 100, it can be decreased. Default style is Total Volume, it can be changed to Invisible, POC, Buy x Sell Volume or Delta.#** '''Outline'''. Frames traded volume on the entire data seriesspecified price levels. Default color is yellow, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to All Blocks orPOC.#* Select * '''BackVolume Range''' . Shows highest and lowest price levels of traded volume per profile. Default color is yellow, it can be changed to base any other color. Default size is 10, it can be decreased or increased. Default style is Extended, it can be changed to Volume Shading or Invisible.#* '''Delta'''. If this profile is selected, it displays '''total volume''' value and '''ask - bid''' result as a part of the total volume in each line. If the 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 time period line is colored in blue and 1/5 of the line is green, meanwhile the displayed value is 5000 (Total Volume).</div>The following components are available for this style of volume profile :#** '''Total Volume'''. Shows total ASK + BID '''volume''' traded on each price level. Default color is blue, it can be changed to any other color. Default size is 100, it can be decreased. Default style is Volume Shading, it can be changed to Solid Blocks, HollowGram, Invisible.#** '''Buy Volume'''. Shows ASK volume traded on each price level.#** '''Sell Volume'''. Shows BID volume traded on each price level.#** '''Up OC'''. Shows price movement within volume profile at its end as green bar if the openning price of the specified number profile is lower than its closing price. Default color is dark green, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to Volume Shading.#** '''Down OC'''. Shows price movement within volume profile at its end as red bar if the openning price of barsthe profile is higher than its closing price. Default color is red, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to Volume Shading.# In ** '''POC'''. Shows the price level with largest amount of traded volume. Default color is pale pink, it can be changed to any other color. Default size is 10, it can be decreased or increased. up to 100. Default style is Invisible, it can be changed to Volume Bar Step sectionShading,HollowGram or Invisible.#* Select * '''PixelsValue Area''' to base . It is the bins area (specified in %) of most traded volume of the profile (100%). See the example above.#** '''Display Text'''. Shows numeric values for each price level. Default color is white, it can be changed to any other color. Default size is 100, it can be decreased. Default style is Total Volume, it can be changed to Invisible, POC, Buy x Sell Volume or Delta.#** '''Outline'''. Frames traded volume profile on the specified number price levels. Default color is yellow, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to All Blocks or POC.#** '''Volume Range'''. Shows highest and lowest price levels of pixelstraded volume per profile. Default color is yellow, it can be changed to any other color. Default size is 10, it can be decreased or increased. Default style is Extended, it can be changed to Volume Shading orInvisible.#* Select '''PointsBuy 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 whether the ask volume is greater or smaller than bid volume.<div style="background-color: #E5F6FF;">'''Example''' to base : 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 bins displayed value is 5000 (Total Volume).</div>The following components are available for this style of volume profile :#** '''Buy Volume'''. Shows ASK volume traded on each price level.#** '''Sell Volume'''. Shows BID volume traded on each price level.#** '''Up OC'''. Shows price movement within volume profile at its end as green bar if the specified number openning price of ticksthe profile is lower than its closing price. Default color is dark green, it can be changed to any other color. Default size can be decreased orincreased. Default style is Invisible, it can be changed to Volume Shading.#* Select * '''UnitsDown OC''' . Shows price movement within volume profile at its end as red bar if the openning price of the profile is higher than its closing price. Default color is red, it can be changed to base any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to Volume Shading.#** '''POC'''. Shows the bins price level with largest amount of traded volume . Default color is pale pink, it can be changed to any other color. Default size is 10, it can be decreased or increased up to 100. Default style is Invisible, it can be changed to Volume Shading, HollowGram or Invisible.#** '''Value Area'''. It is the area (specified in %) of most traded volume of the profile (100%). See the example above.#** '''Display Text'''. Shows numeric values for each price level. Default color is white, it can be changed to any other color. Default size is 100, it can be decreased. Default style is Total Volume, it can be changed to Invisible, POC, Buy x Sell Volume or Delta.#** '''Outline'''. Frames traded volume on the specified number price levels. Default color is yellow, it can be changed to any other color. Default size can be decreased or increased. Default style is Invisible, it can be changed to All Blocks or POC.#** '''Volume Range'''. Shows highest and lowest price levels of ticks in traded volume per profile. Default color is yellow, it can be changed to any other color. Default size is 10, it can be decreased or increased. Default style is Extended, it can be changed to Volume Shading or Invisible.# Select '''Breakdown by''':#* '''Up Ticks vs Down Ticks''' method:#** If the current tick price is higher than the previous tick price format, the volume of the current tick goes to BUY volume. For example#** If the current tick price is lower than the previous tick price, if 1 the volume of the current tick equals 0goes to SELL volume.25#** If the current tick price is the same as the previous tick price, then basing the bins volume is recorded either to BUY or to SELL volume depending on 1 point what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Example''': If a new tick comes with higher than previous price and volume is recorded as BUY volume, and then another tick comes with the same as basing previous price, the bins on 0volume is recorded also to BUY volume.</div>#** If a tick is first one in the series, its volume goes to BUY volume.25 units#: <div style="background-color: #E3FBE5;">'''Note''': When you plot Volume Delta chart, take into account that it doesn't matter what resolution is selected, additionally MultiCharts will request '''historical tick trade''' data from your data source for the specified in chart settings data range, if '''Up Ticks vs Down Ticks''' is selected.</div># Select * '''OKAsk Traded vs Bid Traded''' method:#** If the current tick price is higher or equals current ASK tick price, the volume of the current tick goes to close BUY volume.#** If the Format Instruments windowcurrent tick price is lower or equals current BID tick price, the volume of the current tick goes to SELL volume.# Open ** If the current tick price is between ASK and BID prices, than the volume is recorded either to BUY or to SELL volume depending on what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Format WindowExample''' window: If a new tick comes with a price higher or equals current ASK tick price and its volume is recorded as BUY volume, and then another tick comes with a price that is between ASK and BID prices, the volume is recorded also to BUY volume.<br/div>#: <spandiv style="background-color: #E3FBE5;">{{FormatWindow}}'''Note''': When you plot Volume Delta chart, take into account that it doesn't matter what resolution is selected, additionally MultiCharts will request '''historical tick ask''' and '''bid''' data from your data source for the specified in chart settings data range, if '''Ask Traded vs Bid Traded''' is selected. </spandiv># Adjust '''Ticks per Row''' value (set to 1 by default) to change the the amount of minimum price increments (set in [[Setting Properties#Editing a new symbol properties|QuoteManager by Price Scale and Min. Movement]] covered by each line of Volume Profile.# Select 1 of 3 available '''Time''' parameters for the Volume Profile to be shown:#* If '''Last''' option is selected, it shows Volume Profilefor a specified:#** Number of last '''Bars''';#** Number of last '''Sessions'''.<div style="background-color: #E3FBE5;">'''Note''': In comparison to '''Every''', the starting point for '''Last''' tabis the current/latest bar on chart. Volume profile will not cover a period more than the specified [[Data Range]] in chart settings.</div># * If '''Every''' option is selected, it shows Volume Profile for a specified:#** Number of every '''Bars''';#** 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 ''Settings'Start ... End ...''' sectionoption is selected, select 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># Two '''Alignment''' modes are available:#* To show Volume Profile from the '''Right''';#* To show Volume Profile from the '''Left''' checkbox .# It is possible to adjust the '''Transparency''' of the Volume Profile.<div style="background-color: #E3FBE5;">'''Note''': Though the Volume Profile transparency can be set to display 100%, one can see the volume profile bars of plotted chart symbol. This is because be default Volume Profile is shown in the background and the data series is on the left side foreground.</div># It is possible to adjust the '''Width''' of the Volume Profile.#* If '''Last''' is selected in '''Time''' section, the 100% of '''Width''' is 100% of visual chartspace. Select #* If '''Every''' is selected in '''Time''' section, the 100% of '''Width''' is 100% of space allocated for specified number of bars/sessions.#* If '''Start ... End ...''' is selected in '''Time''' section, the 100% of '''RightWidth''' checkbox is 100% of space allocated for specified time period.# It is possible to display adjust the '''Value Area''' of the Volume Profile. Value Area is the area (specified in %) of most traded volume of the profile on (100%).# Check '''Use As Default''' box to use your custom settings of volume profile as default ones.# Check '''Display Above Price Bars''' to put volume profile in front and the right side of bars in the chartbackground. Enter By default the width of volume profile is in the display after selecting either background.# Check '''Always Show Entire Number''' to turn off K and M abbreviations. <br> ====Displaying Multiple Volume Profiles====Volume profile is a tool that can be enabled or disabled for a particular data series. 1 data series can have only 1 Volume Profile displayed, however it is possible to see multiple different Volume Profiles for the left or same instrument on 1 chart:# [[Volume Profile#Using Volume profile|Create a chart with Volume Profile]],# Make a '''right side-click''' on this chart and select '''Insert Instruments...''',# In Do not change anything in settings of the new data series, except for the following fields:#* The data should be shown on '''SubChart #1''' in '''Settings''' tab,#* The chart '''Style''' sectionshould be '''Invisible Bars''', select the color of #* '''Volume Profile''' can be set differently to the first one.# Click '''Ok''' to load second data series with another volume profile.# Select All the rest settings should be 100% identical to the original data series. ====Volume Profile Switch==== Since MultiCharts 8.7 beta 1 Volume Profile can be plotted on the chart with a single click on the '''OKVolume Profile Switch'''[[File:VPSwitch.png]]button located in the status line.

[[Category:Chart ScalingCharts]]