MRPNL

Volume Profile

A histogram of traded volume at each price level over a period, revealing where the market has done the most and least business.

Card view

Volume Profile rotates the standard volume histogram 90° and plots it against price rather than time. The result shows the exact price levels where the most contracts or shares changed hands.

Key concepts within Volume Profile:

  • Point of Control (POC): the single price level with the highest traded volume — acts as a magnetic level.
  • Value Area (VA): the price range containing 70% of total traded volume — the market's accepted fair value zone.
  • Low Volume Node (LVN): thin areas price moved through quickly — often act as launching pads for fast moves.
  • High Volume Node (HVN): areas of heavy acceptance — price tends to rotate within them.
#volume#levels#market-structure

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