Overcharts Description
The tick/volume package contains a number of indicators and tools that help you understand market movements ahead of time. Volume Profile, for example, shows how much volume was traded at a particular price level, and whether there are more sellers or buyers. TPO Profile, also known as market profile®, is similar to volume profil. Time-Price-Opportunity (TPO) shows the price distribution during the specified time and highlights at which levels the price has spent the most time. [more information] TPO profile can be used in conjunction with volume profile to identify areas of support or resistance. The volume ladder is a combination of Price, Volume, and Order Flow. It is not like traditional candlestick or bar charts. You can see all the information you need in one intuitive chart: acceleration, deceleration and absorption, bid/ask volume levels and delta.
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