Brief Description
A VPO is a Volume Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price that the market traded at during that time interval. It is called Market Profile terminology. In other words volume-price-opportunity (VPO) profiles are histograms of how much volume was traded at each price within the span of the profile rather than time-at-price. The indicator can help determining of Support-Resistance levels.
Benefits
Display Market Profile on Chart (Volume Price Opportunity)
On Chart and On Side Graphs
Modes : Lines, Solid, Gradient, Bars, Outline
Periods : Sessions, Daily, Weekly, Monthly
Point of Control and Value Area Calculation
Buffers for Developers
Various Visual Settings
