Volume Profile â€" Technical Indicators â€" TradingView Volume Profile is an advanced charting study that displays trading activity over a specified time period at specified price levels. The study (accounting for user defined parameters such as number of rows and time period) plots a histogram on the chart meant to reveal dominant and/or significant price levels based on volume. Aug 11, 2019 · As Market Profile uses the concept of TPO (Time Price Opportunity) to reflect areas of interest, those areas are highly correlated with the high volume areas. So in the end, both methodologies can lead to similar results and it is sometimes actually astonishing to see how similar both profiles are.
Market Profile Indicator This is the Market Profile Indicator for MetaTrader 4 which support up to 4 sessions on each day. In each profile you can see the market generated data such as IB (the Initial Balance), VA (Value Area), POC (Point of Controls), Single Print, Half Back (Mid Line).