An advanced volume profile indicator that visualizes trading volume distribution across price levels, helping traders identify key support, resistance, and market activity zones.
Explore complementary indicator rolesHow it works
The Enhanced Volume Profile (EVP) calculates volume distribution by mapping trading volumes across different price levels, either within the visible chart range or a specified historical lookback period. It generates a detailed graphical representation that shows the intensity of trading activity at specific price points, using adjustable resolution settings from 10 to 400 points to provide varying levels of granularity.
The indicator automatically selects appropriate timeframe resolutions based on the current chart's timeframe, ensuring optimal data representation. It identifies critical trading metrics like the Point of Control (PoC), which represents the price level with the highest traded volume, and the Value Area (VA), which displays the price range covering the majority of trading volume.
Why it may be useful
Volume profile analysis provides traders with deeper insights into market dynamics by revealing where significant trading activity has occurred, helping to understand potential support and resistance levels. By visualizing volume distribution, traders can identify high-activity price zones, which often indicate areas of market interest and potential future price interactions.
The Enhanced Volume Profile goes beyond traditional volume indicators by offering customizable settings that allow traders to adapt the analysis to different market conditions and trading styles. Its ability to dynamically adjust resolution and lookback periods makes it a versatile tool for understanding market structure and making more informed trading decisions.
When to explore it
The Enhanced Volume Profile is most effective in markets with consistent trading volume and clear price structures, such as futures, forex, and liquid stocks. It works best when analyzing timeframes from 1-minute to daily charts, providing valuable insights into market sentiment and potential price turning points.
Traders can leverage this indicator during trend identification, breakout confirmation, and support/resistance analysis. It is particularly useful when examining historical price levels, understanding market sentiment shifts, and identifying potential entry and exit points based on volume concentration and market activity.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
![Angled Volume Profile [Trendoscope] chart preview](https://s3.tradingview.com/m/MgsLckWl.png?v=1679207337)
