VOLUME PROFILE VISIBLE RANGE Trading Guide
The Volume Profile Visible Range (VPVR) is a deeply analytical volume indicator that displays trading activity over a specified sliding lookback window at specified price levels. It helps identify critical support and resistance zones based on where the most volume has occurred.
What does the indicator show?
- Volume Histogram: Horizontal bars drawn at various price "bins" indicating the total volume traded at that level.
- Point of Control (POC): A solid, highlighted line pinpointing the exact price level with the highest traded volume in the window.
- Value Area (VA): The central price range where a specified percentage (typically 70%) of all volume occurred. The boundaries are marked with Value Area High (VAH) and Value Area Low (VAL) dashed lines.
- HVN / LVN: High Volume Nodes (peaks) and Low Volume Nodes (valleys) represent areas of high liquidity and low liquidity, respectively.
Key Settings
- Row Size (Detail): The number of discrete price horizontal bins. More rows mean higher granularity but can add noise.
- Value Area %: The percentage of total volume used to calculate the VAH and VAL boundaries.
- Strategy Lookback: The rolling window size of candles used to compute the profile dynamically for the Strategy Tester.
How to use Strategy Parameters (Condition Source)
Within the Strategy Tester module, you can leverage the data from this indicator to create powerful logical conditions for trade entries and exits.
1. POC and Value Area Interactions
Price Above/Below POC— Signals indicating whether the current close is above or below the dominant volume level.Inside Value Area (VA)/Returned to VA— Flags if the price is hovering inside the 70% volume cluster, or if it just bounced back inside.
Strategy Example: Only trade long pullbacks if macro conditions are supportive: Inside Value Area (VA) is_true and Price Above POC is_true.
2. Volume Nodes
In High Volume Node (HVN)— Triggers when the price is in a heavily traded, likely choppy zone (> 1.5x average).In Low Volume Node (LVN)— Triggers when the price enters a "void" zone with thin liquidity (< 0.5x average), often resulting in fast price movements.
Strategy Example: Attempt to catch a fast breakout through thin liquidity using: In Low Volume Node (LVN) is_true.