Strategy using Volume Profile and daily close | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Volume profile indicator? 6 replies

Market Profile And Volume Profile MT5 7 replies

MarketProfile/Volume Profile/Auction Market Theory indi? 17 replies

looking for volume profile for 1 min and up 1 reply

Market profile trader-Merged profile 0 replies

Attachments: Strategy using Volume Profile and daily close
Exit Attachments

Strategy using Volume Profile and daily close

  • #21
  • Nov 13, 2020 8:12am Nov 13, 2020 8:12am
nice thread ,good luck . i follow normal volume with my ptz(potential trading zone) based on smart money trap tricks manipulation zone strategies. i leaned volume profile from my dear friend kette ,she is too good master of volume profile.
Say something meaningful or Silence!!
  • #22
  • Feb 12, 2021 12:23pm Feb 12, 2021 12:23pm
Quoting sanme
Simple Buy rule: If the day's last candle(last 1Hr candle) closes at the low volume area, then the price is more likely to move to high value area. Whenever we find the last candle closed at low value area which is below the High value area, the we go for buy with a TP target of last volume node.
Hello Sanme,

Thanks for starting this thread.


...., then we go for buy with a TP target of last volume node." In this sentence, do you mean 'last volume node' in the day before, or the day that started after the last H1 candle at low volume?

Best Regards,
Ben
  • #23
  • May 12, 2021 12:43am May 12, 2021 12:43am
Hi Sanme and other Traders,

Very interesting Strategy you got there .

Can we use this on any Market? (Indices, Gold....)

Regards
Andrin
  • #24
  • May 16, 2021 3:06am May 16, 2021 3:06am
I think this strategy is interesting so this weekend I tried to backtest with EU
From 18-feb-2021 to 16-may-2021: this strategy opened 18 deals: 11 win - 7 lose.
For 3 months, grow up 4R (8%).
So this strategy is good?
  • #25
  • May 16, 2021 8:14am May 16, 2021 8:14am
Quoting Andrin
Hi Sanme and other Traders, Very interesting Strategy you got there . Can we use this on any Market? (Indices, Gold....) Regards Andrin
no
  • #26
  • Jun 5, 2021 2:14pm Jun 5, 2021 2:14pm
can anyone modiffie the volume-profile-on-time-range indicator by adding to it a variable value area
Attached File(s)
File Type: mq4 volume-profile-on-time-range.mq4   41 KB | 1,159 downloads
  • #27
  • Aug 2, 2021 10:26am Aug 2, 2021 10:26am
Anyone making winning using this strategy? I am trying to create strategy for exiting the trades and stop loss strategy.
  • #28
  • Edited 4:23pm Sep 12, 2021 2:59pm | Edited 4:23pm
hello, very nice strategy.

I have been dealing with forex for two years, but the topic of volume analysis came to me just two weeks ago.
I have read books and a bit of the Internet, unfortunately I am confuses for now, because there are many techniques to use VP and I do not understand what to focus on
I still have a confusion: how to recognize the trend and whether it is worth it at all, on which TF to analyze VP and on what range of candles / swing / session, what situation gives a signal

I am currently testing different thesis and need time for deep learning, creating a specific plan and strategy. Your strategy looks simple and is clear. I'll try it during week.
  • #29
  • Jan 17, 2024 12:47pm Jan 17, 2024 12:47pm
There really is no volume data on forex other then that of your broker. Its not a centralized market. If you want to use volume profile, vwap, values areas and control points then you need to be trading futures, not forex
  • #30
  • Last Post: May 27, 2026 4:54am May 27, 2026 4:54am
One problem I can see with strategy is time of trading. Generally at market close or market open time , spread is not good for trade.
1 trader viewing now