Indicators For A Volume Profile Based Trading StrategyVolume Profile has been popular among futures traders since the beginning of electronic trading and the introduction of TPO charts. I use several scripts from the TradingView Volume Profile Suite for a trading strategy I'll teach in a upcoming video. For now, here are the scripts and indicators applied to the charts I show in this, and past, recordings.
Indicators on the 30m Chart:
Volume Profile > Session Volume HD
PriorDayOHLC (Available in the Public Library)
233 EMA (Built-ins)
Indicators on the 5m Chart
Volume Profile > Visible Range
VWAP Stdev Bands v@ Mod (Available in the Public Library)
Sessionvolume
Investment sessions on FOREX I am sure you already know that the Forex market works around the clock.
However, when a trading day ends in one part of the world, it begins in another. Therefore, it is customary to talk not about a trading day, but about a trading week. Well, within one day the market is "divided" by investment sessions.
Investment sessions are the working hours of banks when they are actively involved in investment activities.
There are four main investment sessions that correspond to regional markets: Australia (Sydney), Asia (Tokyo), Europe (London), America (New York).
Sessions go one after another, some of them "overlap" each other. Currency activity often depends on what session it is. For example, the yen will be more active during the Asian session, and the euro - during the European session.
Knowing the schedule of sessions, you can adjust, use your time rationally and increase your trading efficiency.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
