Hello everyone and welcome back to another episode of Coin Logic TV. Today we talking about some awesome advanced charting tools that you can use for absolutely free to really help boost your trading game.
I am going to show you how I have my setup running, the tools I use on TradingView to give me the most amount of volume data as possible.
Here is a recent article I wrote that talks about my volume profile journey and gives the tools I list:
https://peakd.com/hive-167922/@thelogicaldude/how-volume-profile-changed-my-trading-game
The indicators in this article are free to use community created indicators on TradingView!
The other major tool I have learned to use is the Order Flow and Footprint charts, in which I am using the free version of Exocharts, https://exocharts.com. The data is limited on the free version, but when paired with the volume profile tools on TradingView, you really get everything you need!
The next piece is to actually learn to read the order book and trade tape on your exchange. This shows you exactly what is happening on the exchange you are trading on and can help you nail your entries and exits.
Hope this information helps! Enjoy the video!
Nothing said is financial advise.
This is for educational and recreational purposes only!
Stay safe in these volatile markets and don’t get rekt!
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Thanks for your video. Can you show me your trade setup? Would you make your trade on the POC of The Volume Profile and Volume Indicator and target the little poc of The Volume Profile Auto? How do you find confirmation on the vwap and the foot prints chart? Sorry, I am still a bit lost.
I’ll make a video talking about that. You have to think about the POC as a zone and not necessarily a single price target. So you find zones with the heavy volume and wait for a move in either direction and follow the momentum, using the POC as either a demand (buy) zone or the supply(sell) zone, depending on the direction of the move.
Thanks. I will watch your video🙏🙏