Patreon Capitalists TA 5: VPSV - Volume Profile Session Value
VPSV Volume Profile Session Value
This looks at Volume during cycles
Point of Control (POC) – The price level for the time period with the highest traded volume.
Profile High – The highest reached price level during the specified time period.
Profile Low – The lowest reached price level during the specified time period.
Value Area (VA) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Value Area High (VAH) – The highest price level within the value area.
Value Area Low (VAL) – The lowest price level within the value area.
Up Volume Blue
Down Volume Yellow
Fall below POC then bears are in control
When volume Peeters out as we go higher then you know we are getting close to a short-term top.
When yellow bigger than blue sellers are in control