Trader Dale Volume Profile
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<strong>Volume</strong> <strong>Profile</strong><br />
a closer look at some area but I wasn't able to, and I wasn't sure how the volumes in that<br />
particular area were distributed. Below is a picture which shows standard Daily profile (1 day<br />
= 1 profile). I marked two areas there: area A and area B. With the standard Daily profile, we<br />
aren't able to tell how much volumes were distributed in area A nor in area B separately. We<br />
only see the overall amount (area A + area B).<br />
If I were interested for example only in volumes within area B, then I wouldn’t be able to see<br />
them with the standard Daily profile. This is exactly the problem I had. For this reason, I<br />
developed a Flexible <strong>Volume</strong> <strong>Profile</strong>, which takes care of this issue. With the Flexible <strong>Volume</strong><br />
<strong>Profile</strong>, I can select any area in the chart that I am interested in and see precisely how the<br />
volumes were distributed within this particular area.<br />
In the example below, I used the same chart, but this time I used two Flexible <strong>Volume</strong> <strong>Profile</strong>s<br />
to see how the volumes were distributed separately in area A and in area B:<br />
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