
Get An Edge On The Markets With Webull's Volume Profile Indicator
The video discusses the benefits of using the volume profile indicator in trading, allowing traders to see where big financial institutions are putting their money and what their intentions are, highlighting support and resistance levels, and showing the trend's strength. The key components of the volume profile, such as the value area, value high area, value low area, point of control, and high and low volume nodes or clusters, as well as the different profile shapes, such as the D-shape, P-shape, B-shape, and thin profile, are explained and how traders can use these to take advantage of potential uptrends or downtrends. Examples of using the volume profile indicator in trading are also provided.