We’ve added a new type of chart to help you better understand the dynamics of trading volume — Session volume profile.
Session volume profile (SVP) calculates volume data within a specified session or sub-session, allowing traders to analyze the intraday volume activity of one specific part of the session.
You can select the new chart type from the drop-down menu on the top panel of the chart.
The chart shows volume histograms for the specified sessions, sub-sessions, or time intervals set in the settings.
You can change the parameters and styles of the chart in the Chart Settings menu on the Symbol tab. To make things even easier to use, the settings are presented in groups:
- In the Volume profile section, you can enable the display of values on histogram columns, adjust the width of the area for columns, and the colors of the histogram.
- In the Lines section, you can activate lines such as POC, VAH, VAL, developing POC, and developing VA.
- You can set up a session in the Inputs section where the volume, line placement, and level size will be displayed.
Learn more about how the chart works and calculations are done on this page. Note that the Session volume profile chart type is available to all users with an Essential subscription or higher.
We hope this new chart type will be useful for your trading. Keep sending us your feedback and suggestions; they are essential in improving our platform.
The TradingView team