THE FIXED RANGE VOLUME PROFILE

What is the Fixed Range Volume Profile?

The Fixed Range Volume Profile is a charting feature (or indicator) that displays the amount of
traded volume of an asset over a specified time period at various price levels. This data is displayed
as a histogram in a Y-axis (vertical) next to price levels in the volume profile. It is based on previous
traded volume, and all strategies and plans are based on historical data. Volume profiles are also
primarily used to understand supply, demand, and overall liquidity.

Properties of the Fixed Range Volume Profile?

• Red line = Point of Control (POC) or the price level with the most volume.
• Yellow and blue rows = Down volume and up volume for each price level.
• Shaded blue area = selected volume profile area that's being shown.

PLEASE REFER TO THE DIAGRAM BELOW.

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Rules on applying The Fixed Range Volume Profile:

• IDENTIFY THE TREND OF THE MARKET FIRST.

• ONCE YOU HAVE IDENTIFIED THE TREND OF THE MARKET APPLY THE VOLUME PROFILE FROM
YOUR LOW TO YOUR HIGH OF THE TREND OR FROM YOUR HIGH TO YOUR LOW.
• ON THE CANDLESTICK THAT IS SELECTED WITH A RED LINE, HIGHLIGHT THAT

CANDLESTICK WITH A RECTANGLE AND THAT WILL BE YOUR POINT OF INTEREST.

• YOUR TAKE PROFIT WILL BE AT THE END OF YOUR VOLUME PROFILE AND YOUR

STOP LOSS AT THE END OF YOUR POINT OF INTEREST.

NOTE THAT

- DO NOT LOOK FOR BUYING OPPORTUNITIES ON A BEARISH TREND.

- DO NOT LOOK FOR SELLING OPPORTUNITIES ON A BULLISH TREND.

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Where to locate the Fixed Range Volume Profile on Tradingview.

1. Go to the left side of your chart and click Prediction and Measurement Tools.

2. Scroll down the list and select Fixed Range Volume Profile.

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How to use the Fixed Range Volume Profile?

Ultimately the Volume Profile shows you the price levels with the most volume. So now before you
apply it on your chart you need to know the direction of the market so that when you apply the
volume profile on your chart you know in which direction you are looking to open a position on. You
apply it on your low and high of the trend of the market and where the Volume Profile highlights a
candlestick with a red line, you draw a rectangle and that’s where you are going to take your
positions at.

PLEASE REFER TO THE DIAGRAMS DOWN BELOW.

DIAGRAM 1.0

DIAGRAM 1.1

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DIAGRAM 1.2

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