The Secret to using the Volume Profile Indicator

  Рет қаралды 191,614

Trading Litt

Trading Litt

Күн бұрын

Simplifying the Volume Profile Indicator while analyzing supply and demand zones using the point of control and value areas.
VOLUME PROFILE: The Insider's Guide to Trading amzn.to/3nOXgIu
Discord: www.quanttradi...
Website: www.quanttradi...
Book a 1-on-1 Zoom screen share meeting with me bit.ly/trading...
TOS Volume Profile Indicator bit.ly/qta-tos...
TOS Studies Installation Guide bit.ly/qta-tos...
#DayTrading #StockTrading #VolumeProfile
-------------------------------------
Find me other places:
tradinglitt
www.twtter.com/tradinglitt
-------------------------------------
FTC: This video is not sponsored.
DISCLAIMER: I am not a certified financial advisor and nothing in this video or text is an advertisement or recommendation to buy or sell any financial instrument. This video is for educational purposes only.

Пікірлер: 277
@TradingLitt
@TradingLitt 3 жыл бұрын
Hopefully this video made it much simpler for how to use can use the volume profile indicator. Do you guys use previous points of controls or value areas when drawing out your support $ resistance, or supply and demand zone? Link to get the TOS study is in the description.
@zamiadams4343
@zamiadams4343 3 жыл бұрын
Excellent video, i've just purchased the pro+ tradingview with volume profiles. More videos on using and trading with the profile would be excellent, cheers! Just subbed
@TradingLitt
@TradingLitt 3 жыл бұрын
@@zamiadams4343 Thank you!
@tennesseejoseph1389
@tennesseejoseph1389 2 жыл бұрын
Does it work with forex?
@jedmcdonald1167
@jedmcdonald1167 2 жыл бұрын
Very nice video man. If you want to learn more about profile charts check out Jim Dalton. Next to the volume profile is what's called monkey bars instead of candle sticks and it goes right along with what you were explaining. Which you did an excellent job at by the way🤙
@moisessoto5553
@moisessoto5553 2 жыл бұрын
Hey man I just want to say thank you for this, been using it for the past couple of weeks and its changed the game for me. I just have one question though, I always chart/use this on the 30 min time frame. Have extended hours unchecked (it doesn't show it) and for some reason if I were to draw my lines for VPOC and my zones for today, tomorrow there completely different. Example is I charted SPY yesterday using the VP you gave but today the areas on the VP are different. Only reason I can tell Is that the lines and zones I plotted are not the same as they were yesterday, any help?
@julietrubella6703
@julietrubella6703 2 жыл бұрын
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@mentarisaputra5049
@mentarisaputra5049 2 жыл бұрын
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
@jamesalbert9621
@jamesalbert9621 2 жыл бұрын
That is true, you need an expert trader to make good profit from cryptocurrency trade
@jamesalbert9621
@jamesalbert9621 2 жыл бұрын
And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.
@jamesarnold1816
@jamesarnold1816 2 жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
@noraemelda3714
@noraemelda3714 2 жыл бұрын
@Betty Gilpin I will recommend my current trader Mrs Sally Luis ,, she is from USA and her strategies are earning a lot of profit for me.
@sagacitystudies
@sagacitystudies 2 жыл бұрын
I cannot thank you enough for the Think or Swim TOS Volume Profile Indicator...huge help. But moreover the information shared with me is greatly appreciated as well, this stuff is gold! I just wanted to thank you again...
@CMHodgkins
@CMHodgkins 2 жыл бұрын
This is awesome. I had recently had a few discussions with another trader about what he calls the "Fair Value Gap" which I would image would be the area between the highlighted areas for the 68%. It seems like the price cuts through that area like butter. I'd like to hear your thoughts on that if possible. Apologies if you already have a video that covers it.... I'm gonna check out more of your videos but seriously thanks for sharing. Much appreciated.
@sagacitystudies
@sagacitystudies 2 жыл бұрын
I LOVED this video...EVERYBODY who's ANYBODY should, no must, watch this. Terrific job.
@matthewfelker907
@matthewfelker907 2 жыл бұрын
Great video. I have been trying to figure out volume profile for a few months and this is the best video I've found so far. Looking forward to to watching more of your videos
@langki05
@langki05 8 ай бұрын
I have been studying volume profile, and your video is a wow
@102DMX
@102DMX 2 жыл бұрын
Hands down the best video on volume profile ive seen Gj man
@XLucero1
@XLucero1 2 жыл бұрын
Ty also for the golden nuggets. I didn’t know about 30m is main used by market profile on futures.
@DonaldThompson-mr7ce
@DonaldThompson-mr7ce Жыл бұрын
where is the link to you TOS custom volume profile?
@coderbecome5197
@coderbecome5197 2 жыл бұрын
Thanks Bryant its one the best explained video on youtube about POC and market profile thanks for sharing your knowledge whit us , excelent thanks thanks🙌🙌
@CNdx777
@CNdx777 2 жыл бұрын
WOW, this is so clearly explained. Can you show how to remove or hide candle bar on the volume profile? Thanks
@TyTowriss
@TyTowriss 2 жыл бұрын
Hi. Great video. Outstanding info. Thanks. How did you turn off candles/charts and just have the VP up?
@19Carpediem82
@19Carpediem82 Ай бұрын
Great Video. Thank you!
@vikrant260
@vikrant260 2 ай бұрын
can you make the same video on intraday level, on hourly based volume profile...thumbs up for the video
@goodjuju4531
@goodjuju4531 10 ай бұрын
I wasn't using these correctly! Nice. Thx!!
@arash20work
@arash20work 2 жыл бұрын
Wow! Such an amazing explanation! Thanks a lot
@Vicky-zs3ds
@Vicky-zs3ds 2 жыл бұрын
Very well explained and great info! Thank you!
@skitrowproductionz3286
@skitrowproductionz3286 2 жыл бұрын
I'm a new trader. This helps a lot thanks.
@ThaiLyDollarSign
@ThaiLyDollarSign Жыл бұрын
I learned so much! Thank YOU!
@s.tradalistic8614
@s.tradalistic8614 2 жыл бұрын
This was a beast of a video! Thanks man!
@thetrendsetter6291
@thetrendsetter6291 9 ай бұрын
How do you turn off the candle sticks? Its been asked so many times.....
@Coldrose23
@Coldrose23 2 жыл бұрын
If I understand this right you would draw out the whole volume area as a range but the most important spot is the point of control?
@khaleroserose7566
@khaleroserose7566 10 ай бұрын
thank u--it helps my trading view.
@TradingLitt
@TradingLitt 10 ай бұрын
Glad it helped
@cybergusgus2745
@cybergusgus2745 3 жыл бұрын
Great info and script Litt! I ran a comparison between your script's POC and TOS POC and there seems to be some variation. Any ideas why? Example on Oct 8th, your script plots POC many points higher then TOS POC for /ES.
@TradingLitt
@TradingLitt 3 жыл бұрын
Thanks! To be honest I wondered the same thing and don't fully understand why they're a slight difference in the POC between the script's. I don't look at the default study in TOS anymore though, my suggestion would be to pick one and only use that one so at least that's consistent.
@XLucero1
@XLucero1 2 жыл бұрын
@@TradingLitt There is variation somehow as well between TradingView and Bookmap as well. Tough to say how each reads them. 🤷‍♂
@behanstunts1815
@behanstunts1815 Жыл бұрын
Does anything like this exist in tradingview?? Awesome video Bryant!
@jhovahngibbs4304
@jhovahngibbs4304 Жыл бұрын
Excellent video man
@sophalfx7216
@sophalfx7216 2 жыл бұрын
oh thank you for share this video
@geraldjohnfernandez
@geraldjohnfernandez 2 жыл бұрын
I like this... and i want it too on Tradingview
@ahmedessam6742
@ahmedessam6742 2 жыл бұрын
Appreciate this effort!!
@Memory1sRam
@Memory1sRam 2 жыл бұрын
Awesome! Thanks a lot.
@youngafricano2373
@youngafricano2373 2 жыл бұрын
I have a question mate, is it better to look at Volume profile for the entire day or just RTH.
@christ7199
@christ7199 2 жыл бұрын
When day trading are you using the 30 minute volume profile? I'm using your custome profile but on the five minute.
@tuckebarry
@tuckebarry 2 жыл бұрын
Thanks for the code!
@shawnclark732
@shawnclark732 7 ай бұрын
Good video but VPOC is volume point of control. And it’s a naked VPOC. But virgin works too lol.
@Bobster0007
@Bobster0007 Жыл бұрын
good job
@MocapitalTrades
@MocapitalTrades Жыл бұрын
very good video
@tonygomez6157
@tonygomez6157 3 жыл бұрын
Hello, i wanted to say this is some awesome content and that i really appreciate the help and information youre giving out man! i had a question, i installed the Volume Profile into my TOS and ive been doing some back testing and yesterday i used it on SPY and said the next VPOC would be from 436 to 433 and it dropped. i had a question though, does the point of control change throughout the day? today ive been using it and it seems to change throughout the day and also through time frames, is that what it's suppose to do? i appreciate the help
@tonygomez6157
@tonygomez6157 3 жыл бұрын
ALSO AND ADD ON to my question, lets say a previous day of control auto becomes VPOC right, and in order for it to not be vPOC we would want the next day or sometime in the future for it to be touched, my question is, if the stock tests previous days VPOC in after hours does that count? or does it count only premarket, market hours and aftermarket of the following day?
@TradingLitt
@TradingLitt 3 жыл бұрын
Hey Tony, thanks for watching the video! I loved your questions and actually just published a video answering them (kzbin.info/www/bejne/Y6PMaJyOiaqUfZY) in further detail. To keep things strict, you'll only want to focus on the VPOC from the 30 minute time frame, the reasoning behind that is in the video I just mentioned. And yes, the POC does change throughout the course of the day but the VPOCs or previous POCs in general will always be set in stone so I pay attention those. You can definitely use the POC that's forming during the day to help with your day trades but once the market is closed where ever that POC lands is the price you're going to want to carry into the next day. VPOCs only become normal POCs after they've been touched during regular market hours. I talk about using the /ES or /NQ futures if you're looking at ext hours but for the most part you'll want to have your POCs in the SPY and the /ES as the SPY will have more vPOCs due to their being more gaps in the chart and same with QQQ vs /NQ. Hopefully that all makes sense and the new video on the vPOC will help fill in more blanks. Thanks! Bryant
@tonygomez6157
@tonygomez6157 3 жыл бұрын
@@TradingLitt Thank you for the reply bro! i really appreciate the help as well, your reply did make sense and answered my questions along with your new video, i saw it twice already and it has a lot of great information, i did some charting using vPOC yesterday and helped enter my Put position on SPY to the previous VPOC to 424 ish area. Waited for a retest to yesterdays vpoc to enter short but it got rejected before that, i wanna thank you for your help and knowledge because this if a trade i felt comfortable getting in all my other trades have been stressful and you keep it simple, sometimes i had a shit ton of lines with support reistance trend lines ect and along with the market kind of not respecting price action ive been losing recently but im trying this new strategy and so far its been working! i appreciate it bro!
@FlakooBeats
@FlakooBeats 2 жыл бұрын
Can I get this indicator on tradingview?
@brigi6521
@brigi6521 2 жыл бұрын
This was great (thank you) but where is the code?
@MizzoTTrades
@MizzoTTrades 2 жыл бұрын
Awesome content
@anthonynewgent8004
@anthonynewgent8004 Жыл бұрын
Perfect!
@wannadancenow
@wannadancenow 2 жыл бұрын
helpful video!
@doods1960
@doods1960 Жыл бұрын
What trading chart is he using?
@TradingLitt
@TradingLitt Жыл бұрын
ThinkorSwim
@Mortal_5
@Mortal_5 2 жыл бұрын
Awesome ❤️
@hamidijafri
@hamidijafri 2 жыл бұрын
Thanks... It sure get that rusty computers in the head starts cranking again.
@chonkyhammy
@chonkyhammy 2 жыл бұрын
do you enable extended hours trading when using volume profile for stocks
@matthew-tz1mk
@matthew-tz1mk 2 жыл бұрын
is there a way where i can edit it to where the profile spans over a 5 day period instead of each individual day?
@janbrockschlager4913
@janbrockschlager4913 Жыл бұрын
Sometimes I really wonder how people make huge profit investing in the stock market, I know investing is a legitimate way to gain financial freedom but how is it done?
@kakarottoriyama
@kakarottoriyama Жыл бұрын
If you're not a futures trader you should be especially if your account is under $25,000
@44drifter4
@44drifter4 2 жыл бұрын
???????
@sephykillem4865
@sephykillem4865 3 жыл бұрын
Someone get this man a gold medal
@ianfinn4353
@ianfinn4353 2 жыл бұрын
Na, he need a Medal of Honor.
@raisedonmetal7984
@raisedonmetal7984 5 ай бұрын
how you turned the candles off is a total mystery. would love to know how you do that
@loginusername7
@loginusername7 2 жыл бұрын
I’ve watched tons of trading videos, this one stands out. Really enjoyed 👍
@hoangphongcreative8545
@hoangphongcreative8545 Жыл бұрын
I can’t believe this knowledge is free. Thank you for video!
@TradingLitt
@TradingLitt Жыл бұрын
I'm happy you enjoyed the content!
@tradevidzzzzz6834
@tradevidzzzzz6834 Жыл бұрын
20:39 how do you turn off candlesticks in TOS?
@kenash-h7l
@kenash-h7l 6 ай бұрын
hi does this work on forex trading can I download this indicator on mt4 platform please can you let me know thank you
@surroundingAmbience0714
@surroundingAmbience0714 Жыл бұрын
For the ROKU entry, did you trade stocks or options. If options, what was the strategy?
@davidcartagena1272
@davidcartagena1272 Жыл бұрын
Good question, I think stock would be smarter if he can afford a lot
@janbrockschlager4913
@janbrockschlager4913 Жыл бұрын
Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy
@j.p.dgfstyle6099
@j.p.dgfstyle6099 8 ай бұрын
Thanks for the content. Very helpful in my Journey, 2yrs and 3months in to day trading options only, majority SPY. Just started to really add volume to my confluences. attempting to so it as a guage for pullbacks from 9ema using supply/demand - resistance/support. This really gave me another way to guage the price action that i've been staring at for 2 years straight. Removing the candles from the chart was really cool, less is more. BUT with a very heavy instrument providing a lot more information. Very nice break down and cadence while you delivered. Thanks A lot.
@Oct-jy4dz
@Oct-jy4dz Жыл бұрын
Do you have a youtube video to show how to set up the volume portfolio chart like yours?
@Bring_Me_Light
@Bring_Me_Light Жыл бұрын
I just discovered this and it's amazing. THANK YOU SO MUCH!
@dontrader1501
@dontrader1501 2 жыл бұрын
Man, I love how you went through this video! Thank you so much! Just started to learn how VP works and your video was so helpful! I still have a long way to go but keep up your good work and invaluable knowledge. Just followed you on twitter as well so I look forward to your tweets and more videos! Lastly, thank you for the TOS study!!
@iamsocial4340
@iamsocial4340 3 жыл бұрын
I watched this one a few times to get it right. So am I reading TSLA right on the hourly, the current vPoc is at 725.50? Lots of supply between 749-757. How did I do?
@TradingLitt
@TradingLitt 3 жыл бұрын
Yup you got it.
@lanreoshisami8934
@lanreoshisami8934 2 жыл бұрын
I like how he repeating the same thing so that we can get it and understand it. You're the real trading litt. Thx player
@linohernando8544
@linohernando8544 Жыл бұрын
You are not teaching how to use the volume profile, you are just telling your story of what you did wasting time watching your drama
@TradingLitt
@TradingLitt Жыл бұрын
Sorry the video didn't live up to your expectations. I like to show how I use the tools with real case scenarios demonstrating what I do and what I look for
@nreidbr
@nreidbr 10 ай бұрын
This was my first time on your channel, excellent video, just started learning about VP will defn rewatch and subscribe. Thanks, brother from another mother :)
@veloboy91
@veloboy91 2 жыл бұрын
Awesome video, only been trading for one year, however this makes a ton of sense and definitely doing more research about how I can add volume profile to my strategies. Look forward to checking out more of your videos.
@MasteringALLTERRAINS
@MasteringALLTERRAINS Жыл бұрын
I love these videos how can one set up VP ON NINJA ?? 9:59 Please make a video on that ive subscribed!!! OfficiaLly I have lifetime license
@NonStopGAMERZ3
@NonStopGAMERZ3 2 жыл бұрын
The whole video I've been saying: "INTERESTING!". I'm glad I watched this video!!! So much information!
@inspirevoice
@inspirevoice 6 ай бұрын
Hey brian, will this work on gold futures chart and E6 currency?? Pleae let me know
@redraiderreloading7612
@redraiderreloading7612 Жыл бұрын
Have problems getting the link to work in Think or swim. Its says the link is broken, am I doin something wrong
@ccmda
@ccmda 20 күн бұрын
So, I have watched this video 4 times and am wondering where you have been all my trading life??? I will definitely try this strategy.
@ManFromJuno
@ManFromJuno 2 жыл бұрын
I came across this channel a couple of weeks ago and as I’m exploring it I realized that the custom SVP u shared have an option to extend POC to the right and it does cancel all previously touched VPOC and leave the untouched VOC active.
@JoeCavell
@JoeCavell 7 ай бұрын
I find this indicator very intriguing however When I copy and paste the code it doesn't enter correctly. AFter the Credits, the entire code is on line 12. I tried to copy and paste several times and get the same results. Any assistance you can provide would be appreciated.
@SwordsWorlds
@SwordsWorlds 2 жыл бұрын
I am kicking myself for not learning this sooner, great explanation you made it simple for me :D
@jonyD143
@jonyD143 2 жыл бұрын
Trading is litt for sure dog. Lit your money up 😂.
@consultancy4277
@consultancy4277 2 жыл бұрын
can you apply this to forex? and is there a trading view version of the indicator?
@Olgaspeakskorean1234
@Olgaspeakskorean1234 10 ай бұрын
plz how to set volume profile as you use every per day or 30 minutes..etc thanks by the wat i subscribed your channel
@BJ-ci6yr
@BJ-ci6yr Жыл бұрын
Awesome Explanation! So helpful, thank you.
@anonymanonym339
@anonymanonym339 8 ай бұрын
hello, can you please tell me the number of rows you are using? thank you very much.
@cryptodread3318
@cryptodread3318 Жыл бұрын
I copied your indicator TOS but how do I paste it onto my chart on tradingview
@FreedomWanderer-hk3hc
@FreedomWanderer-hk3hc 27 күн бұрын
thanks for your teaching. Love it
@braulioayala6138
@braulioayala6138 2 жыл бұрын
It is excellent and incredible what you have done with the volume profile edited by you, explaining exactly the liquidity areas and the order blocks in demand and supply areas, congratulations, you are a master.
@avadhootsonawane2849
@avadhootsonawane2849 2 жыл бұрын
How to scalp using currrnt day volume profile
@joshpeckenpaugh2921
@joshpeckenpaugh2921 2 жыл бұрын
this may sound dumb but how can you draw on tos like that
@sean70ss
@sean70ss Жыл бұрын
What timeframe for someone who day trades only?
@jonathanlee5185
@jonathanlee5185 Жыл бұрын
👍Thanks, yes this video is clear -- and packed with handy info and practical tips, based around a central and fundamental main teaching aim. 👍
@TradingLitt
@TradingLitt Жыл бұрын
Thanks for watching!
@mustbewilson
@mustbewilson 2 жыл бұрын
Dude you did an awesome job explaining this! Keep up the awesome work
@ericsouther1027
@ericsouther1027 3 жыл бұрын
Great info, thank you, having trouble with study, TOS keeps telling me its broken?
@TradingLitt
@TradingLitt 3 жыл бұрын
Hey Calvin thanks! This link should help you as it has the code and an installation guide so you can manually install the study bit.ly/qta-tos-studies
@chrisdawson2436
@chrisdawson2436 Жыл бұрын
how do i install code into ninja trader 8
@kaisy2340
@kaisy2340 2 жыл бұрын
Hmmm... i was at that point before aswell... but i felt that it had been too many profiles to me... too much subjective self drawn zones / automated zones and lines and volume at time... so i condensed it all to something more... simpler... In the end everyone has to find the sweet spot of trading where you feel comfortable and confident to take a trade :)
@memories-fh5fd
@memories-fh5fd 3 ай бұрын
You mentioned holding futures contract trades over several days . If it's not options, how do you do this? Thanks
@TradingLitt
@TradingLitt 2 ай бұрын
Depending on your broker and margin requirement you just hold the futures position as you would a stock.
@skitrowproductionz3286
@skitrowproductionz3286 2 жыл бұрын
You earned a new Sub here. Please direct me to your videos that will help me understand Volume Profile better. I am a new trader and it seems this method works well. Thanks for the work.
@jaymoneytrader
@jaymoneytrader 2 жыл бұрын
Nice video my subs are asking for a vp video. So I'm watching everyone's to see what's already out there
@RangesRider
@RangesRider 2 жыл бұрын
9:43 I have TOS study that plots vPOC and once its tested, it stops printing the line anymore. I can see at glance on the chart where are vPOCs because the study draws the lines in front of vPOCs until they are not tested.
@Advantaplans
@Advantaplans 3 ай бұрын
Well done!
@BB-bp6vn
@BB-bp6vn 9 ай бұрын
Interesting
@sololifeplayer
@sololifeplayer Жыл бұрын
Goat❤
@kevinlaffey9310
@kevinlaffey9310 8 ай бұрын
Great video. Thanks for sharing. What kind of size do you do when swing trading potential big overnight movers like ES futures and high priced stocks like ROKU? Do you use micro ES? If you'd rather not share exact # contracts or shares, perhaps what % of capital do you expose versus % of capital being risked (stopped against)? I look at the 5-year daily, non-parametric 95% VaR figure as to what the real risk of the exposure is. These things can gap right through intended stop loss areas when swing trading if one is wrong in the thesis.
THIS Will Improve your Day Trading Forever (vPOC)
20:26
Trading Litt
Рет қаралды 69 М.
Power of Volume Profile: Spotting High Probability Setups
42:14
Anthony Crudele
Рет қаралды 9 М.
规则,在门里生存,出来~死亡
00:33
落魄的王子
Рет қаралды 19 МЛН
Incredible: Teacher builds airplane to teach kids behavior! #shorts
00:32
Fabiosa Stories
Рет қаралды 10 МЛН
小丑妹妹插队被妈妈教训!#小丑#路飞#家庭#搞笑
00:12
家庭搞笑日记
Рет қаралды 38 МЛН
Officer Rabbit is so bad. He made Luffy deaf. #funny #supersiblings #comedy
00:18
Funny superhero siblings
Рет қаралды 9 МЛН
Biggest Mistake to Avoid in Volume Profile Trading - Avoid This!
15:36
Price Action Volume Trader
Рет қаралды 71 М.
Trading market profile & volume profile w/ Futures Trader 71
1:36:53
Chat With Traders
Рет қаралды 99 М.
Setting Up and Using Volume Profile ThinkorSwim
17:47
Todd Sumrall
Рет қаралды 5 М.
#1 Volume Profile Long and Short Trading Rule (2024 Version)
26:09
Price Action Volume Trader
Рет қаралды 58 М.
Ultimate MA 95% Winning Strategy | Step-by-Step
22:48
TRADE ATS
Рет қаралды 413 М.
The MOST POWERFUL Day Trading Indicator
19:58
Jumpstart Trading
Рет қаралды 348 М.
Fixed Range Volume Profile: Tutorial
30:42
TradingView
Рет қаралды 221 М.
规则,在门里生存,出来~死亡
00:33
落魄的王子
Рет қаралды 19 МЛН