How to Use VPVR indicator in TradingView: Complete Guide for Traders

Learn how to use the VPVR (Volume Profile Visible Range) indicator in TradingView to identify strong support and resistance zones. This guide explains settings, strategies, FAQs, and more.

How to Use the VPVR Indicator in TradingView: Complete Guide for Traders

Technical analysis is not just about lines and candles anymore. With tools like the VPVR (Volume Profile Visible Range), traders can access powerful market insights based on volume distribution across price levels. This guide walks you through everything about the VPVR indicator on TradingView — how to set it up, interpret it, and use it to trade smarter.



What is VPVR in TradingView?

The Volume Profile Visible Range (VPVR) is a horizontal histogram that shows how much volume was traded at different price levels. Unlike traditional vertical volume bars that show trading activity over time, VPVR reveals volume concentration at each price level within your chart view.

According to Investopedia, volume profile helps determine support/resistance zones based on trader interest — making VPVR highly valuable for market structure analysis.

Components of VPVR

  1. Histogram Bars: Each bar shows volume traded at a specific price level.

  2. POC (Point of Control): The longest bar — highest volume at that price.

  3. Value Area: Zone where 70% of the volume is concentrated (typically between VAH and VAL).

  4. Color Coding: One color often represents buy volume, the other sell volume (Source: TradingView Documentation).

How to Add VPVR on TradingView

VPVR is available only to TradingView Pro+ and Premium users.

Steps to add:

  1. Click on Indicators.

  2. Type Volume Profile.

  3. Select “Visible Range”.

Tip: Zoom in or out on your chart and VPVR adjusts dynamically to the visible price range.

VPVR Settings: Optimizing for Better Analysis

Input Settings:

Style Settings:

  • Row Size: Controls resolution of volume bars.

  • Value Area (%): Default is 70%. You can tweak it to 65–80% depending on your strategy.

  • Enable/disable:

    • POC line (usually red).

    • Value Area highlight.

    • Histogram colors (buy/sell volumes).

(Source: TradingView Support Center)

Also read: Stock market indicators - Leading vs Lagging Explained

Understanding VPVR in a Chart

1. Wide Horizontal Bar = High Volume

2. Narrow Bars = Low Volume

3. POC = Market's Favorite Price

These are strong support/resistance zones. Price tends to stall or reverse here due to intense interest.

These are weak zones. If price enters a low-volume pocket, it may move rapidly.

Think of it as the magnet — the level where most trades occurred.

Log Scale and VPVR: What Happens?

When you enable logarithmic scale, the appearance of price distribution changes, especially on volatile stocks. However, VPVR calculations remain unchanged. It’s just a visual aid when prices vary widely (Source: TradingView Community Forum).

When Should You Use VPVR?

  • Swing Trading: To find zones of strength or weakness.

  • Breakouts: Identify volume gaps for fast moves.

  • Investing: Know the fair value range over time.

As explained by Rayner Teo and TheChartGuys, VPVR works well on all timeframes — just adjust settings for granularity.

Example Strategy Using VPVR indicator

Imagine a stock trading between ₹480 and ₹520:

  • VPVR shows a wide bar at ₹500 = strong support.

  • Low-volume zone exists between ₹510–₹520.

  • If price breaks ₹510, it might spike to ₹520 quickly due to thin volume resistance.

  • Combine with RSI or candlestick confirmation for better entries.

Advantages of Using VPVR indicator

  • Easy to identify price-level demand zones.

  • Highlights fair value ranges dynamically.

  • Helps in building strategies for entry/exit based on volume.

  • Great companion to RSI, MACD, or candlestick patterns.

Limitations

  • Only for paid plans on TradingView.

  • May require experience to interpret properly.

  • Doesn’t differentiate between retail and institutional volume.

Frequently Asked Questions (FAQs)

Q1. What does a wide VPVR bar mean?

It indicates high volume traded at that price — strong interest from buyers and sellers.

Q2. What is the red line in VPVR?

It’s the POC (Point of Control) — where the most volume was traded.

Q3. Why does VPVR use two colors in each bar?

One shows buy volume, the other sell volume (configurable in settings).

Q4. What if my chart shows only one VPVR color?

It could mean the same volume type dominated (e.g., more buying), or style settings are set to mono.

Q5. Is VPVR the same as Fixed Range Volume Profile?

No. VPVR auto-adjusts with the chart, while Fixed Range requires you to manually select a date range.

Q6. Can I use VPVR on a free TradingView plan?

No, it’s a Pro+ and Premium feature only.

Q7. Best VPVR settings for swing traders?

Use daily charts with 70% value area and medium row size.

Q8. What happens if I enable log scale with VPVR?

It changes how the chart looks, not how VPVR calculates volume.

Conclusion: Should You Use VPVR?

Yes — especially if you're serious about understanding where the real battle between bulls and bears occurs. VPVR gives you a price-level volume lens, which can make your technical setups more accurate.

Use it with proper settings, combine it with confirmation indicators like RSI or MACD, and you’ll gain a serious edge.

References

  1. Investopedia - Volume Profile

  2. TradingView Help Center

  3. Rayner Teo - Trading Blog

  4. TheChartGuys.com

  5. NewTraderU

  6. TradingView Blog

  7. TradingView Community Forum



Location: India

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