What is Volume Profile?
Volume Profile is an advanced charting study that displays trading activity over a specified time period at specified price levels. The Volume Profile indicator is used in stocks and futures markets. It is a volume-based indicator that identifies six key value areas that are used by major trading firms to trade the markets. The indicator identifies six levels which are the Point of Control or POC, Value Area High and Value Area Low, or VAH and VAL as they appear on the chart. And the High, Low, and Mid Range areas.