Drag & Drop Volume Profile Indicator
Description:
New “Volume Profile” Indicator Automatically Identifies High-Probability Market Turning Points For You and Instantly Shows You Low-Risk Trade Entries and Exits…
The colored box represents the range of bars over which this market profile is calculated and drawn. The market profile itself consists of a series of horizontal bars. And each bar represents how much volume occurs at each price level over this time period.
You may notice that there are always some prices at which a lot of trading occurs. That means high volume. And we call these price levels: High Volume Nodes (HVN).
On the other hand, there are always some prices where very little trading occurs. That means low volume. And we call these price levels: Low Volume Nodes (LVN).
There’s also a special price level where the most trading occurs. We call this level: Volume Point Of Control (VPOC)
Forex Trading – Foreign Exchange Course
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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More Course: FOREX TRADING
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