Definition. A histogram showing how much volume traded at each price level in a chosen period.
How it works
Instead of “when”, the profile answers “where” trading took place. From it you read the POC, the value area, and the HVNs and LVNs.
Example
Last week's profile shows two volume clusters and a gap between them. That's the map of the terrain for the coming days.
What to watch out for
The profile depends on the period and the data (regular session or full 24 hours). The same levels calculated differently can differ significantly.
This is the session volume profile with VWAP in the Hetman Terminal (Battle Map of the Day). Screenshot from the Hetman Index (IHA) – a training instrument, simulated data. See all the Hetman Terminal tools →
♛ The Hetman Terminal is part of Club: live for Dow Jones from the Bishop plan, 6 markets (Dow Jones, S&P 500, Nasdaq, gold, crude oil, Bitcoin) and automatic detection of order flow events from the Rook plan. A session on the ♛ Hetman Index (training, simulated data) in the full panel comes with the Knight plan and above. Compare the plans →
You'll find the full explanation with graphics, examples and exercises in the 📖 Order flow encyclopedia space, and its use in the live market in the 🔴 Live Room. Both are available to Club members (in Polish).
