Daily And Weekly Market Profile CTrader
Market Profile indicates how long the price traded at each level. This charting technique is used to determine and evaluate market value as it deve1oped in a specific time frame. Using the indicator provides helpful information e.g.
- support and resistance levels based on the response of the instrument to a given price area,
- prevailing market trend on the basis of higher or lower price ranges,
- places which are most often traded among market participants
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