Steidlmayer Market Profile then who created Volume Profile? | Traders Hideout


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Steidlmayer Market Profile then who created Volume Profile?

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BUT, what is volume profile



Just like we have volume plotted on the x-axis, (volume per bar/candle) Volume Profile is simply volume plotted on the y-axis usually called volume at price or vap for short.

This is a the basic requirement. From this we can see which prices are attracting and have attracted more or less volume. There are a good number of ways to then trade this information in combination with other information for example order flow or the breakdown of this volume information into either buys or sells etc.

Ron
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Last edited by Blash; December 30th, 2017 at 12:05 PM.
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