The Volume Profile study represents trading activity over a time period at specified price levels. Considering the input-defined aggregation period, the Volume ...TechnicalAnalysisVolumeProfileDescriptionTheVolumeProfilestudyrepresentstradingactivityoveratimeperiodatspecifiedpricelevels.Consideringtheinput-definedaggregationperiod,theVolumeProfileplotsahistogramshowingpricedistribution,revealingthedominantpricevaluesintermsofvolume.Thewidthofhistogram'srowrepresentsthenumberofactualtransactionsmadewithinthepriceintervaldefinedbytherow'sheight.ThelongestrowoftheVolumeProfiledefinesthepricelevelatwhichthehighestnumberofrealtransactionsweremadeduringthespecifiedtimeperiod;thisleveliscalledPointOfControl(POC).Ifthereareseveralequallylongrowsthatfitthisdescription,thesystemchoosestheclosesttothepricemid-range.Shouldtherowsbeequidistantfromthemid-range,thesystemrecognizestheloweroneasthePointOfControl.Bydefault,thepricerangesurroundingthePOClevelwhere70%ofthetradingactivitytookplaceforthespecifiedtimeperiodisValueArea(notethatthepercentageiscustomizablewithinthe"valueareapercent"inputparameter).InputParametersParameterDescriptionpriceperrowheightmodeDefinestheheightsettingmodeforeachrowofthehistogram."AUTOMATIC"splitsthetradingrangeofthewholechartinto85equalintervals."TICKSIZE"definestheheightofeachrowequaltotheticksizeofthechartedsymbol,and"CUSTOM"allowsyoutomanuallysettheheightofeachrow.customrowheightDefinesthepriceintervaltosettheheightofrowswhen"CUSTOM"modeisselectedwithinthe"priceperrowheightmode"input.timeperprofileDefinestimeintervaltocompilethevolumedataforthehistogram.Settingthisparameterto"CHART"involvestheentirepriceplotintocalculation.Values"BAR","MINUTE","HOUR","DAY","WEEK","MONTH",and"OPTEXP"allowyoutosetaggregationmanually,specifyingnumberoftheseperiodswithinthe"multiplier"input.multiplierDefinesthenumberofperiodstocalculatetheVolumeProfile.Notethatthissettingisignorediftimeperprofileinputissetto"CHART".onexpansionDefineswhetherornottheprofileisshownonthee