SMART MONEY CONCEPT | Best Indicator When You're Trading
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The Best volume indicator i have found is called volume profile. The volume indicator shows you the buying and selling volume at specific areas in the chart. Volume profiles helps you determine whether the trend will continue or reject at specific prices. uys! Stockoption sniper here with a new video about the best indicator in trading.
A Volume Profile is an advanced charting indicator that displays total volume traded at every price level over a user specified time period.
Volume Profiles Uses:
Identify Key Support and Resistance Levels for Setups
Determine Logical Take Profits and Stop Losses
Calculate Initial R Multiplier
Identify Balanced vs Imbalanced Markets
Determine Strength of Trends
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DISCLAIMER
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
#thebestindicator #volumenprofile
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