volume profile indicator

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Volume Profile is a very useful indicator. It allows you to spot the price levels where important price action took place.

CATEGORIES: MT4, LEVELS, VOLUME
Updated on: 21.12.2023
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Type: .zip
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Trading Volume is an important parameter that is often overlooked in technical analysis by most forex traders. Since trading activity with increased volumes is often associated with price reversals, forex traders consider these areas important. Volume profile indicator for mt4 provides forex traders with low volumes, high volumes, and a volume point of control, VPOC. VPOC or POC is considered an important support or resistance area where trading volumes are at a peak level. As a consequence, the market is highly likely to reverse in the VPOC area.

Volume Profile Indicator Trading opportunities