How to Setup a Volume Profile Chart in TradeStation

I received a few emails asking how to create the Volume Profile chart I posted last night. Volume Distribution (Profile) is a built-in study that comes with TradeStation. Follow the steps below to setup the chart:

• Open a new chart and set the symbol to @ES.D.
• Under the Settings tab, set the Interval (time-frame) to Daily.
• Under the Style tab, set the Bar type to HLC Bar or OHLC Bar.

• Now, from the top menu, click on Insert, and then click on Activity Bar
• Select "Volume Distribution" and make sure the "Prompt for Format" check box is checked

• Under the Inputs tab: set the ApproxNumRows to 100, set CycleColors to False. set the DefaultColor to Red (or whatever color suits you) and set BlockSize to 10

• Finally, under the Data Settings tab, set the Interval to 1 minutes and Days Back to 60 (or however far back you want to go).

That's it! You should now see the following chart:


Hope this helps. Happy charting!