Volume PRO Value Area/VPOC


Volume PRO Value Area/VPOC
 
1

Show VA and VPOC

1. Show VA and VPOC
Sets the visibility of the Volume Value Area and the Volume Point of Control. Enabled will color the bars with a different color.
2

Value Area Percentage

2. Value Area Percentage
Sets the Value Area Percentage. By default, its set at 68.2% that equal one standard deviation limit of the volume traded. This will color the bars that account for 68.2% of the volume on the column. Although most traders use 68.2% or 70%. There is no reason why you could not customize this setting. You could easily have another volume column set to 95.4%, which is the second standard deviation value.
3

Value Area Color

3. Value Area Color
Sets the color for the Volume Value Area.
4

VPOC Color

4. VPOC Color
Sets the color for the Volume Point of Control. The largest traded price where we observe the  maximum of the Volume Profile.