medium · Volume Profile Analysis profile-anatomy
When computing a Value Area (VA) by hand using the 70% convention, you start at the Point of Control (POC) and examine the volume of the price levels above and below.
What is the standard iterative step?
- Split the full session range into thirds and label the entire middle third as the Value Area.
- Add only the single highest-volume tick of the whole session, wherever it happens to be located.
- Add each traded price level one at a time, in strict chronological order of the moment it was traded.
- Compare the sum of the next two ticks above with the next two ticks below and add the larger pair.
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis profile-anatomy practice
- If today's Value Area High (VAH) is $1.0820 and tomorrow's Value Area Low (VAL) is establi
- A session on AUD/USD has a Value Area of $0.6650 to $0.6680. The following session's Value
- On USD/JPY, Session 1 Value Area is $151.20 to 151.80. Session 2 Value Area is $151.30 to
- What does 'Excess' signify at the end of a session move in Gold (GC)?
- What is the key difference between 'Responsive Activity' and 'Initiative Activity' in term
- Where should a Volume Profile trader expect the 'Point of Control' to be located?
- Monday's Value Area is $20450 to $20550. Tuesday's Value Area is $20560 to $20660. Tuesday
- Comparing two sessions on Brent Crude: Day 1 VAH is $82.50, VAL is 81.20. Day 2 VAH is $81