What are the es on the bottom of tradingview chart stock trade volume tutorial

Forex most active currency pairs in sydney session how to find liquidity in forex of the theory state that once one of them trends in a certain direction, the other is likely to follow. X-Volume simple tutorial. It's important to set correct inputs. A line chart connects data points using a line, usually from the closing price of each time period. After the euro began depreciating against the US dollar due to a divergence in monetary policy in mid, technical analysts might have taken short trades on a pullback to resistance levels within the context of the downtrend marked with arrows in the image. As a bonus it also serves as a rather simple volume profile indicator. Volume Profile The explanation here is extremely detailed. Toggles the visibility of the Developing Point of Control, showing you how POC was changing when the market was in session. A price level near the top of the profile which heavily favors sell side volume is a good indication of a resistance level. Reactive methods can be useful in applying meaning or significance to price levels where the market has already visited. Moving Average — A weighted average of prices to indicate the trend over a series of values. For business. Start at how much are cryptocurrency exchanges making new coins coinbase POC The row in the profile with the greatest total volume and record its total volume number. How to use the indicator: Buy when Volume Profile: Intra-bar Volume. Strategies Only.

Technical Analysis: A Primer

Also you can check divergences for trend reversal and momentum loss. Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume into either buy volume or sell volume and then makes that information easily visible to the trader. It should be noted that it is not true to speak of a trend change MACD — Plots the relationship between two separate moving averages; designed as a momentum-following indicator. Strong trending moves go hand in hand with an increased trading volume. Terminology 4. To change the settings, you may need to regenerate the code. Day trading apple stock cme futures trading competition methodology is considered a subset of security analysis alongside fundamental analysis. Best forex trading training for beginners difference between binary options and stocks cat bounce — When price declines in a down market, there may be an uptick in price where buyers come in believing the asset is cheap or selling overdone. Why is it While some traders and investors use both fundamental and technical analysis, most tend to fall into one camp or another or at least rely on one far more heavily in making trading decisions. Volume Divergence by MM baymucuk It's a simply volume indicator. Not all technical analysis is based on charting or arithmetical transformations of price. Volume Profile. Therefore during the retracement to the Point of Control, there is a selling opportunity. The simplest method is through a basic candlestick price chart, which shows price history and the buying and selling dynamics of price within a specified period. Start at the POC The row in the profile with the greatest total volume and record its top free day trading courses wealthfront socially responsible volume number. Analyze trading volume.

Typically used by day traders to find potential reversal levels in the market. One would expect high buying volume at a support level and high selling volume at a resistance level. Angled Volume Profile [feeble]. Resistance — A price level where a preponderance of sell orders may be located, causing price to bounce off the level downward. Open Sources Only. The Weis Wave is an adaptation of Richard D. The chart explains how we can read a trend breakout and price volume action which can be very helpful in identifying momentum. Logic : Take each stock contribute to nifty 50 and find it's volume. News events are typical moments when volume can increase. The opening price tick points to the left to show that it came from the past while the other price tick points to the right. This might suggest that prices are more inclined to trend down. It can refer to shares, contracts or lots. Value Area VA — The range of price levels in which a specified percentage of all volume was traded during the time period. The code has a link to the repository with the template. Also you can check divergences for trend reversal and momentum loss. Smart Volume. After the trend had faded and the market entered into consolidation, a technician may have chosen to play the range and started taking longs at support while closing any pre-existing short positions. Green or sometimes white is generally used to depict bullish candles, where current price is higher than the opening price. One would expect high buying volume at a support level and high selling volume at a resistance level.

Volume Indicator

Volume Profile

X-Volume simple tutorial. Positive readings are bullish and negative bearish. However, when sellers nadex binary options contacts to risk dukascopy deposits the market down further, the temporary buying spell comes to be known as a dead cat bounce. The fastest way to follow markets Launch Chart. For business. For example, when price is making a new low but the oscillator is making a new high, this could represent a buying opportunity. May still make changes, the current study should be helpful as is. Offering a huge range of markets, and 5 account types, they cater to all level of tradingview comra udf example. In theory, Attributable Volume should better For example, if US CPI inflation data come in a tenth of a percentage higher than what was being priced into the market before the news release, we is metastock a trade platform carry trade forex system back out how sensitive the market is to that information by watching how asset prices react immediately following. Conclusion 1. Used to determine overbought and oversold market conditions. Indicators and Strategies All Scripts. Therefore during the retracement to the Point of Control, there is a selling opportunity.

Volume points to the amount of a financial instrument that was traded over a specified period of time. A similar indicator is the Baltic Dry Index. Sufficient buying activity, usually from increased volume, is often necessary to breach it. To change the settings, you may need to regenerate the code. During a rally or a breakdown, there will typically be an initial burst of volume and then a significant drop off. IMV Volume. Typical levels of significance Point of Control POC — The price level for the time period with the highest traded volume. Consider the trading strategy example given earlier in the article. Exponential moving averages weight the line more heavily toward recent prices. The code is generated using a template. Angled Volume Profile [feeble]. On-Balance Volume — Uses volume to predict subsequent changes in price. It is important to note that using Volume Profile as an identifier for support and resistance levels is a reactive method.

HVN can be seen as an indicator of a period of consolidation. For details, refer to the instructions for the indicator. After the trend had faded and the market entered into consolidation, a technician may have chosen to play the range and started taking longs at support while closing any pre-existing short positions. Volume Profile. One would expect high buying volume what are the es on the bottom of tradingview chart stock trade volume tutorial a support level and high selling volume at a resistance level. Third one needs to be set according to your chart resolution. It shows the distance between opening and closing prices the body of the candle best time to invest in small cap stocks extreme dividend stocks the total daily range from top of the wick to bottom of the wick. When price approaches a previous LVN or unfair value areathe market is much more likely to rally fidelity day trading desk furniture or bounce off of that price level. Boxed trades stock list of precious metals penny stocks change the settings, you may need to regenerate the code. The data is tracked and provided by market exchanges. Human nature being what it is, with commonly shared behavioral characteristics, market history has a tendency to repeat. Basic Zero loss nifty option strategy how can you make money on a stock going down Relative There are several ways to use volume in a trading strategy and most traders use it in combination with other analysis techniques. Cms forex trading power course minimum account size for futures trading sequence of events is not apt to repeat itself perfectly, but the patterns are generally similar. McClellan Oscillator — Takes a ratio of the stocks advancing minus the stocks declining in an index and uses two separate weighted averages to arrive at the value. Fibonacci Lines — A tool for support and resistance generally created by plotting the indicator from the high and low of a recent trend. In a positive trend, if the stock price is close to a local new high, the VAPI should be at its maximum as well and vice versa for a negative Because it is seen as an unfair value area, the market will not spend as much time there compared to some other levels in the profile. For example, when price is making a new low but the oscillator is making a new high, this could represent a buying opportunity. Moving Average — A weighted average of prices to indicate the best brokers metatrader 5 pivot high low tradingview over a series of values.

Technical indicators fall into a few main categories, including price-based, volume-based, breadth, overlays, and non-chart based. Volume Plus Bollinger Bands Width. Or at the very least, the risk associated with being a buyer is higher than if sentiment was slanted the other way. Finally, we can more than ever deeply examine the market processes! A brief explanation of trading volume analysis using X-Volume indicator v. Volume Profile [Makit0]. Price Volume Action. A sudden increase in trading volume points to a increased probability of the price changing. We're looking at an day moving average of net volume essentially. This means that unlike proactive methods such as trend lines and moving averages which are based on current price action and analysis to predict future price movements, reactive methods rely on past price movements and volume behavior. Low Volume Nodes are usually a result of a breakout rally or a breakdown. Used to determine overbought and oversold market conditions. Red or sometimes black is common for bearish candles, where current price is below the opening price. I myself like to use it as a substitute of the volume indicator itself. Introduction 2.

Characteristics

All Scripts. The opposite is also true. I have found that this indicator works quite well with the stock market. When calculating Fixed Range and Visible Range , we alternately try resolutions from 1, 3, 5, 15, 30, 60, , 1D, until the number of bars in the time interval, for which VP is calculated, will be less than This study tries to highlight support and resistances as they are defined by TradingLatino TradingView user His definition is based on volume peaks on the official TradingView Volume Profile indicator that seem rather big on size. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video. As you can see it only show last blocks volume profile. Low Volume Nodes are usually a result of a breakout rally or a breakdown. Example of a trend break after active accumulation. Volume Plus Bollinger Bands Width. Traders may take a subjective judgment to their trading calls, avoiding the need to trade based on a restrictive rules-based approach given the uniqueness of each situation. Education and research.

A candlestick chart is similar to an open-high low-close chart, also known swing trade stock pics highest trading midcaps over 1million shares a day a bar chart. HVN can be seen as an indicator of a period of consolidation. On-Balance Volume — Uses volume to predict subsequent changes in price. Red or sometimes black is common for bearish candles, where current price is below the opening price. When calculating Fixed Range and Visible Rangewe alternately try resolutions from 1, 3, 5, 15, 30, 60,1D, until the number of bars in the time interval, for which VP is calculated, will be less than BDL1D. The blue dashed lines indicate the process of redistribution. May still make changes, the current study should be helpful as is. IMV Volume. For business. I have take and try to improuve the source code of indicator "intra-bar volume" by backtest-rookies.

There are several ways to approach technical analysis. Because it is seen as an unfair value area, the market will not spend as much time there compared to some other levels in the profile. Conclusion 1. You should watch for breaks on both volume uptrend and volume downtrend. Even though in its simplest form, it is a great reactive method for discovering traditional support and resistance areas, traders are still coming up with ways to chart the indicator in predicative or proactive ways. Conversely, when price is making a what are-most common market indicators forex traders follow trading strategies quantitative backtest high but the oscillator is making a new low, this could represent a selling opportunity. Show more scripts. It's important to set correct inputs. For business. Should be app to learn trading day trading s&p emini futures effective for stable supply assets. They are valleys or significant drops in volume at or around a price level. Example strategy Just like with most other tools or studies, Volume Profile has a number of uses. The Weis Wave is an adaptation of Richard D. The real-time indicator shows simply invaluable market information! It is nonetheless still displayed on the floor of the New York Stock Exchange. Volume Divergence by MM.

Introduction 2. Parabolic SAR — Intended to find short-term reversal patterns in the market. For example, if US CPI inflation data come in a tenth of a percentage higher than what was being priced into the market before the news release, we can back out how sensitive the market is to that information by watching how asset prices react immediately following. HVN can be seen as an indicator of a period of consolidation. One would expect high buying volume at a support level and high selling volume at a resistance level. Technical analysts are often called chartists, which reflects the use of charts displaying price and volume data to identify trends and patterns to analyze securities. Now look at the two rows beneath the POC the initial value area and add the total volume of both. This confirmation allows to visualize the behavior of the price in realicon to the VWAP key indicator that represents the midpoint of the operating Smart Volume beta. Trend line — A sloped line formed from two or more peaks or troughs on the price chart. For example, when price is making a new low but the oscillator is making a new high, this could represent a buying opportunity.

Indicators and Strategies

A break above or below a trend line might be indicative of a breakout. Toggles the visibility of the Developing Value Area, showing you how VA was changing when the market was in session. It should be noted that it is not true to speak of a trend change Looking to highlight potential relative trend exhaustion in net volume. Example of a trend break after active accumulation. Show more scripts. It can therefore be seen as a measure of strength. MACD — Plots the relationship between two separate moving averages; designed as a momentum-following indicator. How I trade. All Scripts. The actual use I explain is the second bottom half 1. Parabolic SAR — Intended to find short-term reversal patterns in the market. Red or sometimes black is common for bearish candles, where current price is below the opening price. Exponential moving averages weight the line more heavily toward recent prices. When investor sentiment is strong one way or another, surveys may act as a contrarian indicator. Breakout — When price breaches an area of support or resistance, often due to a notable surge in buying or selling volume. A sudden increase in trading volume points to a increased probability of the price changing.

For example, a day simple moving average would represent the average price of the past 50 trading days. Attributable Volume. Now look at the two rows above the POC the initial value area and add the total volume of. There are many trading strategies out there using Volume Profile as a key component. Resistance — A price level where a preponderance of sell orders may be located, causing price to bounce off the level downward. Toggles the visibility of the Developing Value Area, showing you how VA was changing when the market was in session. Show more scripts. It draws 30 bands, so you will need to load standard investment bank forex trading how to trade a futures contract instances to get a large picture. Candle Volume. Volume clusters created from candlestick volumes. Open Sources Only. Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume into either buy volume or sell volume and then makes that information easily visible to the trader. Indicators Only. But instead of the body of the candle showing the difference between the open and close price, these levels are represented by horizontal tick marks.

Learn to trade course cost action meaning data is tracked and provided by market exchanges. Harmonics — Harmonic trading is based on the idea that price patterns repeat themselves and turning points in the market can be identified through Fibonacci sequences. To change the settings, you may need to regenerate the code. Therefore during the retracement to the Point of Control, there is a selling opportunity. Example of a trend break after active accumulation. Channel — Two parallel trend lines set to visualize a consolidation pattern of a particular direction. Use Options 3. I have take and try to improuve the source code of indicator "intra-bar volume" by backtest-rookies. Though technical analysis alone cannot wholly or accurately predict the future, it is useful to identify trends, behavioral proclivities, and potential mismatches in supply and demand where trading opportunities could arise. You should watch for breaks on both volume uptrend and volume downtrend. Why this Script : Nifty 50 does not provide volume tradeflow bitmex omni cryptocurrency exchange some time it is really useful to understand the volume. Positive readings are bullish and negative bearish. They are valleys or significant drops in volume at or around a price level. Volume clusters created from candlestick volumes.

It is important to note that using Volume Profile as an identifier for support and resistance levels is a reactive method. Heiken-Ashi charts use candlesticks as the plotting medium, but take a different mathematical formulation of price. It often contrasts with fundamental analysis, which can be applied both on a microeconomic and macroeconomic level. The blue dashed lines indicate the process of redistribution. Technical indicators fall into a few main categories, including price-based, volume-based, breadth, overlays, and non-chart based. Price action — The movement of price, as graphically represented through a chart of a particular market. The real-time indicator shows simply invaluable market information! Profile Low — The lowest reached price level during the specified time period. Moving Average — A trend line that changes based on new price inputs. Usually there is a great deal of activity on both the buy and sell side and the market stays at that price level for a great deal of time compared to other levels in the profile. I also use Pivot, Fibonacci and Volume analysis to assist my trading. This indicator was developed as part of a free blog post tutorial on the Backtest-Rookies website for detailed code commentary, head over there. News events are typical moments when volume can increase. If behavior is indeed repeatable, this implies that it can be recognized by looking at past price and volume data and used to predict future price patterns. This is the pine script which calculate the nifty 50 volume. There are several ways to use volume in a trading strategy and most traders use it in combination with other analysis techniques. Reactive methods can be useful in applying meaning or significance to price levels where the market has already visited. Volume Divergence by MM. It can therefore be seen as a measure of strength. Therefore during the retracement to the Point of Control, there is a selling opportunity.

Indicators and Strategies All Scripts. Volume Profile is an advanced charting study that displays trading activity over a specified time period at specified price levels. The renko bar predictor indicator mt4 creating synthetic data in amibroker has a link to the repository with the template. When investor sentiment is strong one way or another, surveys may act as a contrarian indicator. A high volume of goods shipments and transactions is indicative that the economy is on sound footing. Test Volume Profile. Top authors: Volume Indicator. Generally only recommended for trending markets. Or at the very least, the risk associated with being a buyer is higher than if sentiment was slanted the other way. Toggles the visibility of the Developing Point of Control, showing you how POC was changing when the market was in session.

After the euro began depreciating against the US dollar due to a divergence in monetary policy in mid, technical analysts might have taken short trades on a pullback to resistance levels within the context of the downtrend marked with arrows in the image below. Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume into either buy volume or sell volume and then makes that information easily visible to the trader. Stochastic Oscillator — Shows the current price of the security or index relative to the high and low prices from a user-defined range. For business. One would expect high buying volume at a support level and high selling volume at a resistance level. Determine which of the total volume numbers is larger and add it to the total volume number of the POC found in step 3. Heiken-Ashi charts use candlesticks as the plotting medium, but take a different mathematical formulation of price. The blue dashed lines indicate the process of redistribution. The methodology is considered a subset of security analysis alongside fundamental analysis. Introduction 2.

Education and research

Poor man's volume clusters. Relative Strength Index RSI — Momentum oscillator standardized to a scale designed to determine the rate of change over a specified time period. For example, when price makes a new low and the indicator fails to also make a new low, this might be taken as an indication that accumulation buying is occurring. Dead cat bounce — When price declines in a down market, there may be an uptick in price where buyers come in believing the asset is cheap or selling overdone. Channel — Two parallel trend lines set to visualize a consolidation pattern of a particular direction. Reactive methods can be useful in applying meaning or significance to price levels where the market has already visited. Money Flow Index — Measures the flow of money into and out of a stock over a specified period. Volume Divergence by MM. Conversely, when price is making a new high but the oscillator is making a new low, this could represent a selling opportunity. Breakout — When price breaches an area of support or resistance, often due to a notable surge in buying or selling volume. Here we look at how to use technical analysis in day trading. When price approaches a previous HVN or fair value area a sustained period of sideways movement is expected. Volume Divergence by MM baymucuk It's a simply volume indicator. Conclusion 1. The data is tracked and provided by market exchanges. Now look at the two rows beneath the POC the initial value area and add the total volume of both. Though technical analysis alone cannot wholly or accurately predict the future, it is useful to identify trends, behavioral proclivities, and potential mismatches in supply and demand where trading opportunities could arise. It uses fibonacci numbers to build smoothed moving average of volume.

Once the total volume of your Value Area matches or slightly surpasses the number found in step 2, the Value Area has been determined. Attributable Volume. Smart Volume. The idea behind the indicator is how much of commitment there is towards a. Configure the settings, then copy and paste the indicator, modifying only the vertOffset attribute each time Patience, bruh. Volume Plus Bollinger Bands Width. A break above or below a trend line might be indicative of a breakout. On-Balance Volume — Uses volume to predict subsequent changes in price. When calculating Fixed Range and Visible Rangewe alternately try resolutions from 1, 3, 5, 15, 30, 60,1D, until the number of bars in the time interval, for which VP is how to go to default settings on tradingview how to use technical analysis in stock market, will be less than Now look at the two rows beneath the POC the initial value area and add the total volume of. Human nature being what it is, with commonly shared behavioral characteristics, market history has a tendency to repeat. Used to determine overbought and oversold market conditions. Red or sometimes black is common for bearish candles, where current price is below the opening price. Trend line — A forbes crypto charts users graph line formed from two or more peaks or troughs on the price chart. Strategies Only. Low Volume Nodes are usually a result of a breakout rally or a breakdown. Where for a green up candle, the "counter wick" volume is the top wick volume. Dead cat bounce — When price declines in a down market, there may be an uptick in price where buyers come in believing the asset is cheap or selling overdone. As traders and investors now urge to console volume factors into their price action analysis. Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume into either buy volume or sell volume how do you make a bitcoin account thailand crypto exchanges then makes that information easily visible to the trader.

Definition Volume Profile is an advanced charting study that displays trading activity over a specified time period at specified price levels. It's important to set correct inputs. It can therefore be seen as a what is market cap and trading volume and macd combination of strength. However, when sellers force the market down further, the temporary buying spell comes to be known as a dead cat bounce. Parameters can be adjusted: - Length: the number of candles used for calculating the AVG body. An area chart is essentially the same as a line chart, with the area under it shaded. I have found that this indicator works quite well with the stock market. Relative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time. Introduction 2. One would expect high buying volume at a support level and high selling volume at a resistance level.

It uses volume the same way as OBV except that it assigns volume weights based on intraday volatility. Angled Volume Profile [feeble]. Offering a huge range of markets, and 5 account types, they cater to all level of trader. To change the settings, you may need to regenerate the code. For example, a day simple moving average would represent the average price of the past 50 trading days. Trend line — A sloped line formed from two or more peaks or troughs on the price chart. The code is generated using a template. Candle Volume. Low Volume Nodes are usually a result of a breakout rally or a breakdown. A sudden increase in trading volume points to a increased probability of the price changing.

Assumptions in Technical Analysis

Value Area VA — The range of price levels in which a specified percentage of all volume was traded during the time period. Now look at the two rows beneath the POC the initial value area and add the total volume of both. The code has a link to the repository with the template. Support — A price level where a higher magnitude of buy orders may be placed, causing price to bounce off the level upward. Technicians implicitly believe that market participants are inclined to repeat the behavior of the past due its collective, patterned nature. Why is it Welcoming everyone to a simple Indicator. If behavior is indeed repeatable, this implies that it can be recognized by looking at past price and volume data and used to predict future price patterns. Volume Divergence by MM baymucuk It's a simply volume indicator. Here we look at how to use technical analysis in day trading. How to use the indicator: Buy when For business.

I'm sorry; Version 2. Thin vertical dashed lines indicate candles with active accumulation. Indicators Only. For example, when price is making a new low but the oscillator is making a new high, this could represent a buying opportunity. Test Volume Profile. The analysis was performed using the X-volume indicator. Not very good english. Indicator focuses on the daily level when volume is down from the previous day. Introduction The Volume Profile is an extremely useful tool that can give you an expanded view of actual price pressure if you struggle to find support levels. This means that unlike proactive methods such as trend lines and moving averages which are buying securities on etrade warning insurance limit on current price action and analysis to predict future price movements, reactive methods rely on past price movements and volume behavior. Volume Divergence by MM. BDL1D. Typical levels of significance Point of Control POC — The price level for the time period with the highest traded volume. The Ticks Per Row td ameritrade financing rate can i trade futures on mt4 establishes how many minimum ticks should be in every row. Dead cat bounce — When price declines in a down market, there may be an uptick in price where buyers come in believing the asset is cheap or selling overdone. The level will not hold if there is sufficient selling activity outweighing buying activity. Weis Wave Volume. The real-time indicator shows simply invaluable market information! You should watch for breaks on both volume uptrend and volume downtrend. Volume Profile [Makit0]. Conclusion 1. Money Flow Index — Measures the flow of money into and out of a stock over a specified period.

Toggles the visibility of the Developing Value Area, showing you how VA was changing when the market was in session. The idea behind the indicator is how much of commitment there is towards a. Attributable Volume is calculated as: Total volume excluding the "counter wick" volume. Technical analysis is the study of past market data to forecast the direction of future price movements. Moving Average — A trend line that changes based on new price inputs. Volume is measured in the number of shares traded and not the dollar amounts, which is a central flaw in the indicator favors lower price-per-share stocks, which how to choose best stock for intraday irrigation tech stock list trade in higher volume. Once the total volume of your Value Area matches or slightly surpasses the number found in step 2, the Value Area has been determined. To change the settings, you may need to regenerate the code. Number of Rows lets you set a specific number of rows that the indicator will display. Candle Volume. Volume Divergence by MM.

For business. Not all technical analysis is based on charting or arithmetical transformations of price. When investor sentiment is strong one way or another, surveys may act as a contrarian indicator. For Advanced charting features, which make technical analysis easier to apply, we recommend TradingView. Read more about the Volume Profile. Smart Volume. I have used the volume of a stock to establish how commited the market for that particular ticker is when it comes to a direction. Where for a green up candle, the "counter wick" volume is the top wick volume. Strong trending moves go hand in hand with an increased trading volume. For example, a day simple moving average would represent the average price of the past 50 trading days. They are valleys or significant drops in volume at or around a price level. A candlestick chart is similar to an open-high low-close chart, also known as a bar chart. Elliott wave theory — Elliott wave theory suggests that markets run through cyclical periods of optimism and pessimism that can be predicted and thus ripe for trading opportunities. Used to determine overbought and oversold market conditions.

Basic technical analysis has shown that a support level is a price level which will support a price on its way down and a resistance level is a price level which will resist price on its way up. Now look at the two rows above the POC the initial value area and add the total volume of both. There are several ways to approach technical analysis. Strategies Only. Third one needs to be set according to your chart resolution. Coppock Curve — Momentum indicator, initially intended to identify bottoms in stock indices as part of a long-term trading approach. We're looking at an day moving average of net volume essentially. Some technical analysts rely on sentiment-based surveys from consumers and businesses to gauge where price might be going. How I trade. A similar indicator is the Baltic Dry Index. Knowing these sensitivities can be valuable for stress testing purposes as a form of risk management. Parameters can be adjusted: - Length: the number of candles used for calculating the AVG body. Angled Volume Profile [feeble]. In a positive trend, if the stock price is close to a local new high, the VAPI should be at its maximum as well and vice versa for a negative