Custom Range Volume Profile

The Custom Range Volume Profile Drawing Tool lets you define any start/end anchors on your chart and instantly plots a horizontal volume histogram over that range. It also offers an optional Delta Profile mode, showing net buy vs. sell volume at each price level.

Key Features

• Flexible Range Selection
  Draw dynamic start and end anchors with your mouse to recalibrate the profile on the fly.
• Total Volume Profile
  Displays traded volume at each price as a horizontal bar chart beside the price axis.
• Delta Profile Mode
  Instead of total volume, paints net volume (buys minus sells) per price level using separate up/down colors.
• Value Area & POC
  Automatically computes and draws:
• Value Area High/Low (VAH/VAL): the upper/lower bounds containing a configurable percentage (default 70%) of total volume.
• Point of Control (POC): the single price level with the highest volume.
• Customizable Styling
  Choose fill colors, opacities, bar widths, and line strokes for Volume, Delta, Value Area, and POC.ù

A Volume Profile visualizes where market participants traded most heavily, plotting cumulative volume at each discrete price level rather than over time. Key components include:

• Histogram Bars: Longer bars mark price levels with more volume.
• Value Area: The price band encompassing the majority (e.g., 70%) of volume—seen as the market’s fair-value range.
• POC: The price with the single largest volume—often acting as a magnet or pivot.
• High/Low Volume Nodes: Peaks and valleys in the histogram that can form support/resistance zones or trigger fast moves.

      Common Uses

• Support & Resistance Identification
  High-volume nodes tend to hold price, while low-volume areas allow swift breakouts.
• Trend Confirmation
  A breakout above a high-volume area on strong volume suggests genuine conviction.
• Entry & Exit Timing
  Fade moves at the edges of the Value Area, or target extensions beyond the profile’s boundaries.
• Delta Insights
  In Delta Profile mode, spot where aggressive buying or selling dominates at specific price levels.
• Contextual Analysis
  Combine with price action, order-flow footprints, or moving averages to validate trade setups.

Use this tool to gain a deeper, price-level–based understanding of market participation and to make more informed trading decisions.