Quantitative Trading and Systematic Investing

Letian Wang Blog on Quant Trading and Portfolio Management

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Market Profile and Volume Profile

Introduction

Market Profile and Volume Profile in Python -- Free yet powerful trade flow profiling tools for intraday stock market analysis is published here on medium. It illustrates how to combine Yahoo Finance, Google Colab, and Python Plotly to generate a free yet very powerful interactive charting tool for intraday market profiling analysis.

Market profile, as its name suggests, is a tool to profile stock market intraday trade activities. It was introduced by CBOT trader J. Peter Steidlmayer. It shows how much time the trading session is spent on a particular price level. Similarly, the volume profile depicts how many shares have been transacted at a particular price.

For details, see this post.

DISCLAIMER: This post is for the purpose of research and backtest only. The author doesn't promise any future profits and doesn't take responsibility for any trading losses.