volumeProfileLow
Volume Profile Low represents the lowest price level with significant trading volume. It helps identify the lower boundary of the volume profile and potential support levels.
volumeProfileLow (tick)
Volume Profile Low represents the lowest price level with significant trading volume. It helps identify the lower boundary of the volume profile and potential support levels.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 60 | The lookback period in minutes |
levels | number | 24 | Number of price levels to divide the range into |
SQL example
TICK volumeProfileLow WITH minutes=60, levels=24 > 100 THEN order SET size=100, price=51.00, transmit=truevolumeProfileHigh
Volume Profile High represents the highest price level with significant trading volume. It helps identify the upper boundary of the volume profile and potential resistance levels.
vwap
Volume Weighted Average Price (VWAP) is a trading benchmark that shows the average price a security has traded at throughout the day, based on both volume and price. It is used to identify the true average price of a security and is often used as a reference point for institutional traders.