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3.1 Point of Control and Profile
In 3.1 the profile on the right shows a yellow point of control with a value area
high and a value area low shown by the black horizontal lines.
A break of trend along with light volume traded at price is a clear indication that
price was likely to breakdown and test the other side of the profile for support.
Your profile indicator should show information for whatever is showing on your
screen. This is called MAP display, or dynamic display. In addition your profile
should be set to CalculateOnBarClose = false; if you are day trading.
3.2 Normal distribution
The Normal Distribution identifies standard deviations or sigmas up to 3 Sigma.
I have personally found that expanding the value areas to 2 sigma affords me the
most realistic boundaries when looking for responsive activity. The markets