Hey Mo. the volume is the number of transactions that occur at a certain price while the value area is the area where 70% of all the volume has occurred. Great question!
Hi Tracy, thanks for the great content, I have a question though... Is there a way to use the session volume, or anything similar, in this way but for the crypto market (which of course doesn't have sessions)?
Hi Ernesto! Great question. SVP - stands for Session Volume Profile while FRVP - stands for Fixed Range Volume Profile. The session volume profile starts and stops at the beginning and end of every session while the fixed range starts and stops wherever you decide. The fixed gives you the flexibility to select an area you would like to view the session does not. Hope that helps! Enjoy and thanks for watching!
With the method you outlined of tracking the POC movements, wouldn't using the "Developing POC" achieve/track exactly what you are describing more clearly over time? (Instead of using the single POC line)
Great question... When you add indicators to your charts you can same the set up as an indicator template... You do that by clicking the vertical lines with the squiggly line on top called indicator templates... You can then same the template and if you click on the star, it will show up as a number or letter in a circle depending on what you titled the template... I hope that helps.
@@RealLifeTrading That's great. Please, make a video showing that. This is awesome! And more videos with your insights about Volume profile. Really good content. Thanks for sharing.
I trade ES. My setup is basicaly Market profile with 5min/15min bar chart doing VSA for the entries and confirmation. Also market breadth as support for strength/weakness. Would that volume poc migration work well with more volatile market like the ES 5 min chart?
Hi, I'm a new subscriber and I am still a beginner trader. I love your content and this is one of the best videos I have ever seen. But when I tried to do the vpsv it wasn't free because I can't afford it for now. Is there something similar but free. Thanks a lot and appreciate if you respond 💕
Welcome! Thank you for subscribing, and we’re so glad you found the content valuable. Hopefully you get a chance to check out all of our free education!! It’s all very valuable. As for the volume profile, not that I am aware of. You might be able to search in the scripts part of TradingView to see if another subscriber has published something similar. Or you can see if there is one with the broker that you use. All the best!!!
Super video Tracy! Love it!
😄
THIS is the video I was hoping for! Excellent, as always Tracy. Can't wait to try it out.
HOOOORAY!!!! :-D
I've been watching VP videos for a couple weeks now. Didn't understand much but thanks to you, I get it a lot more now. Love from London.
So glad it was helpful!
Great video! Thank you for sharing settings:).
Glad it was helpful!
Soooo good! Thank you!
YES!
OMG... this is the MOST IMPRESSIVE video EVER !!! Million thanks to Tracy!!! (I am from Hong Kong!!!)
My pleasure!!! Love it!!! All the way from Hong Kong! Cheers from Canada!
WOW! Such a great video! Thank you for sharing your process!
OUR PLEASURE
Thank you so much Tracy for helping to understand the VP! Love From Canada
You are very welcome! 😀
Awesome Explanation on Volume. Will try it from today. Thanks a ton Tracey!
You bet...
This video is really great - it has given me a whole new perspective!
WONDERFUL!!!
Great Video - explains it perfectly!
HOOOOORAY
We subscribed!
Sweet!
Thanks Tracy. What's the difference between Volume and Value Area? Why they are in different colors?
Hey Mo. the volume is the number of transactions that occur at a certain price while the value area is the area where 70% of all the volume has occurred. Great question!
its great Tracey .. can i use the poc as support and resistant ?
Of course! :)
It's Tracy not Tracey.
Extremely helpful thank you
You are welcome
that is really really excellent information, thank you so much for sharing that. Really learned something important just now.
Glad it was helpful! Thanks for taking the time to watch!
Excellent explanation, thank you!
Our pleasure
Great video thanks very much!
You are very welcome. Thanks for watching!
Woah, awesome explanation!
HOOOORAY! THanks!
Great video Tracy. What platform are you using? I am using TS and I can not see this feature.
This is tradingview :-)
Hi Tracy, thanks for the great content, I have a question though... Is there a way to use the session volume, or anything similar, in this way but for the crypto market (which of course doesn't have sessions)?
Yep! You just have to select the time of the sessions you choose to use :-) It can be done!
Hi Tracy, What’s the difference between SVP and FRVP?
Hi Ernesto! Great question. SVP - stands for Session Volume Profile while FRVP - stands for Fixed Range Volume Profile. The session volume profile starts and stops at the beginning and end of every session while the fixed range starts and stops wherever you decide. The fixed gives you the flexibility to select an area you would like to view the session does not. Hope that helps! Enjoy and thanks for watching!
@@RealLifeTrading thanks
Super helpful! Thank you!
Our pleasure
Can you use this method on any time frame? Obviously one has to wait longer for the POC to move.
You bet.
how do you add the extra indicator that you have divided under as "volume 20") that has the real amount of shares volume traded?
In the same place where you would add a moving average search for volume. The indicator will just be called “volume”. Done!
Do you have any video or study materials on "Supertrend" ? if you have kindly let me know
We have this one = th-cam.com/video/_vtHjD67jVU/w-d-xo.html
With the method you outlined of tracking the POC movements, wouldn't using the "Developing POC" achieve/track exactly what you are describing more clearly over time? (Instead of using the single POC line)
Yes it does... I used to do it manually to keep my charts uncluttered, but yes, it shows exactly the same thing.
Silly question but what are those circles next to your indicators in tradingview? "1 C D" etc, never seen this shortcut ability before.
Great question... When you add indicators to your charts you can same the set up as an indicator template... You do that by clicking the vertical lines with the squiggly line on top called indicator templates... You can then same the template and if you click on the star, it will show up as a number or letter in a circle depending on what you titled the template... I hope that helps.
@@RealLifeTrading Thank you for pointing this out, I never realized the templates had that star feature! :)
@@chvydrptop HOOOOORAY
@@RealLifeTrading That's great. Please, make a video showing that. This is awesome! And more videos with your insights about Volume profile. Really good content. Thanks for sharing.
Great content! Thank you!
My pleasure.
I trade ES. My setup is basicaly Market profile with 5min/15min bar chart doing VSA for the entries and confirmation. Also market breadth as support for strength/weakness. Would that volume poc migration work well with more volatile market like the ES 5 min chart?
Yes. It does
Very very Good, Lots of Value.
Glad you think so! Thanks for watching!
It's really works ...thanks mom
Most welcome 😊
Very informative 👏
Glad you think so!
brilliant thank you
You're welcome!
Hi, I'm a new subscriber and I am still a beginner trader. I love your content and this is one of the best videos I have ever seen. But when I tried to do the vpsv it wasn't free because I can't afford it for now. Is there something similar but free. Thanks a lot and appreciate if you respond 💕
Welcome! Thank you for subscribing, and we’re so glad you found the content valuable. Hopefully you get a chance to check out all of our free education!! It’s all very valuable. As for the volume profile, not that I am aware of. You might be able to search in the scripts part of TradingView to see if another subscriber has published something similar. Or you can see if there is one with the broker that you use. All the best!!!
i have never seen a point of control move so fast
Ha.
awsm
:)
Tracy this was a great vide, thanks
Heck yea
very good info, thanks a lot !
You are welcome!