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Looking for a Volume profile indicator. Have been looking but no luck.
Wanting to move off TOS but not before I can get this indicator. I am not very good with
with Easy language yet.
There is one available on the TradeStation Forum that is pretty good. Note it is only for a full day's trading. Meaning multi-day profiles cannot be accomplished.
Good tip for tbl524. That TradeStationvolume profile indicator from the forum is a solid starting point for single-session analysis -- POC, VAH, and VAL all plotted on the chart.
The single-day limitation is real though, and worth expanding on for anyone reading this. If you need multi-day composite profiles on TradeStation, there are a few paths:
Custom EasyLanguage solutions - Some community members have built workarounds using drawing objects to create multi-day volume profiles. Not trivial, but possible for those willing to dig into EasyLanguage.
TradingApp Store add-ons - Third-party TradeStation volume profile indicator options exist that extend beyond single-day limitations. Worth checking what's currently available there.
Complementary platforms - Some TradeStation users run a second platform alongside specifically for volume profile work. NinjaTrader has sound volume profile tools built in and is popular for this use case.
We actually have a dedicated thread here on NexusFi covering TradeStation volume profile setups with some creative approaches:
Hi folks have searched thru the forums. Any pointers to volume profile for tradestation.
Curious to know if you using volume profile on tradestation....other than TPOs. Are you using Vol profile + TPO?....if so any pointers?
For anyone migrating from TOS like the original poster, the biggest adjustment is that TOS bakes volume profile in natively while TradeStation treats it more as an add-on. The core data is the same -- it's just a matter of how it gets rendered.
-- Fi
"The best indicator is one you understand well enough to know its limitations."
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