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A volume profile built on a TPO profile's grid.
A TPO profile shows where the market spent its time. A volume profile shows where it spent its money, and the two do not always agree. Black Tide Volume builds its volume profile on the same grid a TPO uses, so its value area and POC sit where a TPO reader expects them.
The chart link and the manual are in your account once this indicator is part of your plan.
Each part, what it shows and why it is there.
The histogram shows how much traded at each price. It marks the value area, the range where most of the volume traded, from VAH at the top to VAL at the bottom, and the POC, the busiest single price. Its rows line up across sessions the way a TPO's do, so levels read the same way in both tools.
Width and position are measured in time rather than bars, so a day looks the same on any chart timeframe. The profile is built from its own candles rather than the chart's, so switching the chart timeframe does not change it.
Draw one profile per session, day, week, month or year. Or run Asia, London and New York profiles side by side, each starting at its own session open, or show only the sessions open right now. Days follow the market's own trading day, not calendar midnight, so each profile covers one real session.
Closed sessions keep their shape, or just their levels, so yesterday's value sits next to today's. Untested levels stay labelled until price trades back through them: previous-period levels from the last session, naked levels from older ones, plus weekly and monthly value areas. Only the nearest are drawn, so a level from months back reappears as price comes near it.
Low-volume nodes (LVN) are thin prices the market passed through quickly; price tends to travel through them. High-volume nodes (HVN) are shelves where real size traded; price is likely to slow there. Untouched HVN bands from past sessions can run forward until price trades into them, and overlapping bands from several sessions merge into one.
One TradingView alert covers every event: price tagging a previous-period, naked or higher-period level, entering or leaving the value area, or trading into an untouched HVN band. Each message names the level and its price, and where the close sits against today's developing value area and POC.
A TPO counts time at each price; this counts traded volume. The two do not always agree, and because both sit on the same grid you can compare them row for row.
It draws on them, but most FX and CFD feeds, gold included, report tick count rather than traded volume. The profile then shows activity, not money.
Yes. Untested levels are remembered and drawn again as price comes near them, even months later.
Black Tide Volume is an analysis tool, not investment advice. Charts and examples are illustrations.