Volumes: Differences in Horizontal Volumes and Profile Market TPO

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Volumes
The idea of ​marketers dates back to 1980. Peter Stydelmeyers
was engaged in the development of the Chicago Mercantile
Exchange.

Includes:

1) vertical. It displays the amount of transactions carried out for


a certain period of time. The vertical volume is displayed as the
rule below the graph in the form of a bar chart.

2) horizontal. Displays the amount of transactions made at a


certain price level. (Horizontal volume, or other name – volume
profile

Differences in Horizontal Volumes


and Profile Market TPO
The market profile is very similar to the TRO profile, the newer one
is laid out a different value. If VolumeProfile is a gradation of
volumes at every price, then TPO (time, price, opportunities) in
simple words is the place in which the price
more than ever.
- it looks like this:

(Stadelmeier suggests using 30 minute segments), starting


from the opening of the trading session:

Symbol A means the time period from 8:00 to 8:30.

B – the next half hour – 8: 30–9: 00. Every 30 minutes in this


profile are marked with a new letter. If a certain price range was
traded for half an hour, it will be marked with the corresponding
letter and it will be awarded at the level of this price range.
Together, where the price was
there will be more than one letter. On the basis of this, we can
determine the price range, which was the most interesting for the
market participants, that is, we traded the largest% of the daily
volume.

ZONE
Zones (ValueArea, VA (not to be confused with
Vavolumesanalysis)) is also often referred to as a zone of fair
price. This zone, which is concentrated in 70% of the total
volume. In turn, the Valuearea zone is divided into 3 subzones:
VAH, POC, VAL. For example
VAH (Volumeareahigh) –– the upper limit of the price range. The
key level of the price range, the resistance level. When
approaching the price, the VAH trader in horizontal volumes will
focus on the market –– break through price
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POC (Point of Control Point of Control) is the price level at


which the aggregate volume of exposures reaches its
maximum value, which is the price of fair balance (fair point),
where there are equal buyers and sellers

VAL (Volumearealow) —the lower boundary of the cost zone.


The key level of the price range, the level of support. When
approaching the price, therefore, the level of the trader in
horizontal volumes will focus on the market – penetration
behavior of the price or the VAL level will expand up.

Features of the market indicator:

1) Understanding the actions of large players. Using the


horizontal volume indicator
you can see at which levels large volumes accumulate
and how the positions are distributed.

2) Definition of strong levels and filtering weak graphs.

3) With the help of the market profile, it is possible to more accurately


build the levels of support and resistance.

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