The session profile
With VPOC, VAH and VAL labelled, and the zones named: tail, HVN, LVN and poor extreme.
Profiles · NinjaTrader 8
Screenshot of the tool running.
Where it actually traded, not how far it moved.
Price passes through many places and stays in few. The profile splits volume by price and shows where it piled up: the point of control, the area holding most of it, and the gaps the market ran straight through.
Thirteen different frames
By session, by day, rolling over N days or N minutes, from a given hour, the whole chart or just what is visible. Every question needs its own frame.
Nodes and gaps, detected
HVNs are the prices where volume bunched up; LVNs are where it ran through. They are marked without you hunting for them.
Volume or delta
The same profile can be built from total volume or from the imbalance between buyers and sellers.
With delta in front
The same profile laying the imbalance over the volume, to see which side each level came from.
Rolling frame
Several days in one, with HVNs and LVNs projected over price as references.
Per-level values
Up close, every row with its figure: how much volume and what delta traded at that exact price.
What each term means
The names the indicator uses, and what each one means.
- VPOC. Volume Point of Control: the highest-volume price in the profile.
- VAH · VAL. The high and low edges of the value area.
- Value area. The rows holding the share of volume you set, 70 % out of the box.
- HVN. High Volume Node: a price where volume accumulated.
- LVN. Low Volume Node: a price the market ran straight through.
- Tail. The end of the profile where volume drops off vertically.
- Poor high / low. A badly formed extreme, with no volume holding it up.