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Steidlmayer Market Profile then who created Volume Profile?

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Posts: 143 since Jan 2015
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BUT, what is volume profile

See my recent threads to see what it is and how to use it.

Fastest answer...Markets are an auction. Auctions seek to balance buyers with sellers. Balance and imbalance creates slow or sharp moves to facilitate trade.

1. It is the price level where the most trading occurred at a given moment. The Point Of Control or POC.
2. 70% of the range around that creates Value Area High and Value Area Low, which can also be important levels or VAH VAL
3. Low Volume Nodes or LVN - within that range can also be important levels.

Last edited by edward40; December 30th, 2017 at 11:54 AM.
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