One of the essential features of this indicator is that it can be used to determine support and resistance and when a stock may be overbought or oversold. Traders can use this indicator to estimate support and resistance strength levels and review trade signals to see what volume was behind trades triggered for that period. The visual representation is created by a line that starts at a point in the past and rises to the present, giving traders a sense of overall volume during that time. The VPIs are typically plotted with the horizontal axis representing total volume traded and the vertical axis representing time.
![volume profile thinkorswim volume profile thinkorswim](http://www.mzpack.pro/wp-content/uploads/2017/06/MZpack-Periodic-Bar-Volume-Profile-for-NinjaTrader-8.png)
It can also be used to reveal breakouts, continuation patterns, early indications of trend changes, and more.
![volume profile thinkorswim volume profile thinkorswim](https://s3.amazonaws.com/tradingview/z/ztOxu8Hm.png)
The VPI is one of the indicators used to find support and resistance pressure levels. Volume Profile Analysis Indicator (VPI) is a volume-based indicator calculated by taking the volume of shares traded in price range and plotting it on a stock chart graph. Thank you! - Please don't forget to signup to our free email newsletter. Your support helps us grow our Website, which allows us to continue providing you useful information. This post may also contain affiliate links and I may earn a small commission when you click on the links at no additional cost.
#VOLUME PROFILE THINKORSWIM PROFESSIONAL#
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![volume profile thinkorswim volume profile thinkorswim](http://alexandrugrivei.ro/images/415820.png)
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