A session volume profile with the average resting bid and ask size at each price beside it.
In plain English
What it shows
- Traded volume at each price for the session, with the average resting bid and ask size at that price beside it.
- It needs the futures order book (L2), a Pro feature.
How traders use it
- See where volume traded and where orders waited.
- Compare busy prices with the current price.
What it does not tell you
- Resting size is an average and can change at any time.
- It describes the session so far, not what comes next.
Overview
Volume Profile (L2) draws the traded volume at each price for the session, and next to it the average size that rested on the bid and the ask at that price.
You can see where volume traded and where orders waited.
How it works
Traded volume comes from the trade stream. Resting size is averaged from the order-book samples over the session. Each profile takes 14 % of the chart width by default.
How to use it
- Use it to compare high-volume prices with where size sat in the book.
- Some traders watch prices with a lot of resting size but little traded volume.
- Use it alongside the standard volume profile tools.
These are ways some traders read it, for learning. They are not trade signals.
Settings
| Setting | Default |
|---|---|
| ViewDelta = traded buy minus sell at each price (green right of the centre line, red left).Options: Volume, Delta, Both | Volume |
| Width of each profile (% of the chart) | 14 |
| Traded | #00adb5 |
| Resting bids | #03c988 |
| Resting asks | #f23645 |
Notes and limits
- Pro: needs the full order book (Data feed L2).
- Needs the full order book (Data feed L2), which is part of Pro. Works on NQ, ES, YM, RTY, CL and GC futures (micros use their mini's book) and on crypto order books.
Education only. Not financial advice. Indicators mark what happened on the chart; they do not predict what price will do. Trading futures, forex, crypto and other markets carries a high level of risk and may not be suitable for everyone.