Trading Applications
š§ Practical Applications
The EZ Volume Profile is not just a visualization tool ā it provides actionable insights that can help guide your trade decisions with more precision.
š„ Entry Points
Look for high volume at key support levels
These areas often indicate institutional accumulation
Ideal for long entries when confirmed by price reaction
š¤ Exit Points
Take profits near resistance zones with high selling volume
These are common zones for distribution or reversals
š Breakout Confirmation
Valid breakouts typically occur with a volume spike
Helps filter false breakouts from legitimate trend initiations
š Trend Strength Assessment
Strong trends tend to show consistent volume in the direction of the move
Weakening volume may signal trend exhaustion
š Mapping key support & resistance zones with volume helps cut through noise and clarify Risk-On / Risk-Off zones.
š¢š“ Buy POC & Sell POC (Advanced Use)
In certain setups, you can apply Buy POC and Sell POC for shorter-term position-taking
These can act as high-precision trade zones within session-based or custom bar profiles
ā³ Longer-Term Customization
The script supports looking back across longer timeframes
This allows you to tailor your strategy to swing, position, or intraday trading
ā ļø Always combine Volume Profile with other technical tools and maintain a solid risk management framework for best results.
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