Easy Volume Profile is a clean and intuitive indicator designed to help traders identify key volume-based price levels without cluttering the chart. By using a manually defined range, it calculates and displays the most important market structure levels: POC (Point of Control), VAH (Value Area High), and VAL (Value Area Low).
Why This Indicator Was Built
After testing many volume profile indicators, I found most of them overly complex, visually noisy, and difficult to use for something that should be simple. Instead of improving clarity, they often made charts harder to read.
This led me to build my own solution β focused on simplicity, speed, and usability.
The result is a clean and highly functional volume profile tool that does exactly what you need, without unnecessary complexity.
What the Indicator Does
This indicator builds a volume profile based on a custom-selected price range. It distributes tick volume across price levels and highlights where trading activity is concentrated.
- POC (Point of Control): The price level with the highest traded volume
- VAH (Value Area High): Upper boundary of the value area
- VAL (Value Area Low): Lower boundary of the value area
These levels act as key support/resistance and liquidity zones.
How It Works
The indicator uses:
- Two horizontal lines β define the price range
- One vertical line β define the starting point in time
Only the data inside this defined region is used to calculate the profile, providing precise and context-specific analysis.
How to Use
1. Using the βLineβ tools from the chart toolbar, draw 2 horizontal lines and 1 vertical line,
2. Place one horizontal line just above the High candle, and the other just below the Low candle,
3. Move the vertical line to the candle immediately before your starting candle,
4. Set the thickness of all lines to level 2,
5. The indicator will automatically detect the lines and instantly generate the profile.
Important Rules (Must Follow)
- Exactly 3 lines must be used: 2 horizontal + 1 vertical.
- All lines must have identical thickness. If you have other lines on the chart, use a different thickness for them.
- The indicator automatically detects line positions: the upper line is treated as HIGH, and the lower line as LOW.
- Horizontal lines must not touch the candles you want included in the calculation. Place them a few pips outside the candles. If a line touches a candle, that candle will not be included and results may be inaccurate.
- The vertical line does not include the candle it is placed on; the calculation starts from the next candle.
Designed for Simplicity
- No complicated setup
- No overwhelming parameters
- No visual clutter
Just draw the lines from the chart tools β and the indicator does the rest instantly.
There is no need to spend time adjusting settings. You define the area, and the profile is generated immediately.
Clean Visual Experience
- Minimalist structure
- Simple, customizable lines
- No distracting elements
- Full focus on price and key levels
Inputs & Parameters
- Profile Line Thickness: Used to detect the control lines on the chart
- Number of Rows: Determines the resolution of the volume profile
- Value Area (%): Defines how much volume is included in the value area (default 70%)
- Max Histogram Width: Controls the horizontal size of the profile
- Histogram Thickness: Visual thickness of histogram lines
Trading Use Cases
- Identify strong support and resistance levels
- Detect high liquidity zones for entries and exits
- Use POC as a magnet price level
- Trade rejections from VAH/VAL
- Combine with price action or other strategies
Who Is This For
- Intraday traders
- Scalpers
- Swing traders
- Anyone using volume-based analysis
Suitable for both beginners and experienced traders.
Important Notes
- Requires manual placement of lines to define the analysis area
- Uses tick volume (not centralized exchange volume)
- Best used together with price action for confirmation
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