What is the meaning of Value Area High and Value Area Low ? - its applicable for Stock or Index only ? - How to use this for trading ?
Those are the concepts of volume profile. Volume profile is a chart study that shows a trading activity over a specified period of time for specified time levels.
In simple terms it is a way to analyse volume in terms of price rather than time.
Go through the below link to know about volume profile in detail.
Thank you very much Mr. Siva