This custom scan is no longer available. It has been replaced with a new premium version which you can view on the following webpage:
Link: https://www.hahn-tech.com/thinkorswim-volume-profile-v4/
Thinkorswim Scan Volume Profile
Are you a fan of Volume Profile? This video shows you how to run a custom scan using Volume Profile to identify 4 separate signals commonly used by Profile traders. Both long a short signals are included. This scan projects the Volume Profile from the prior period into the current one. It then uses the Value Area to locate tradable opportunities commonly used by Profile traders. Parameters are included to adjust the sensitivity and duration used to identify potential entries.
Free custom scan code included. Be sure to watch the entire video to learn how to use this scan. the code for the custom scan can be downloaded here: Scan_VolProfile.txt
There is a premium chart study available for this scan as well and you will find it listed among our premium trading tools: Thinkorswim Premium Trading Tools
Lean More:
Would you like to learn how to master the custom scan tools on Thinkorswim?
Click here: Thinkorswim Scans Beginner to Advanced
Learn how to build custom scans without writing any code: Thinkorswim Condition Wizard
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
*Thinkorswim is a chart analysis platform offered by Charles Schwab: https://www.schwab.com/
Charles Schwab provides financial services including the trading of Stocks, Futures, Options and Forex.
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Hi Pete, Sorry to bug you, I just started watching this video, however I noticed that the Scan_VolProfile.txt not a .ts where I can open in file and import from the downloaded file. Am I missing anything? Kindly help! Thanks
This is one of our premium chart studies. The scan is available free of charge, which is the .txt file you mentioned. The chart study is not available free of charge.
Gotcha Pete! Sorry, my bad. I should’ve finished the video first then asked you the question. I jumped the gun here … I’ll go ahead and contact you to see about adding the premium chart indicator. Thanks so much, the video was awesome.
Can you have it on a watchlist as a column ?
To date I have not received a request for this. So I am not sure if it is possible. But I can certainly check it out. What exactly would you expect to see in the watchlist column?
Would have been great / really great if the chart/price action was projecting a short just before earnings announcement! ;7 ) note my wink…
ok I think I got it only scan not study
ok thank you but nothing appears any different then the built in vol. profile study ..am I missing something …I installed the code w\t the 4 plots so is there an additional fee for the plot lines and arrows .. really appreciate all you do
MR. Hahn recently watched and down loaded scan vol. profile..[ into studies] …im not getting lower plot info or arrows ..and on some tickers they appear thin ..ive watched the video 3 times ..thanks in advance
That is correct. This video provides only a scan and not the chart study.
hi, good video. where do i find the text for this scan?
Thanks
The answer to your question is explained in the video description:
“Free custom scan code included. Find the link to the code within the video. Be sure to watch the entire video to understand how to use this scan and to find the embedded link.”
Hi there, is it possible to modify the VP scanner code to pick prices as they are crossing VAs? If yes, would you mind showing the new lines? Many thanks.
When you say, “crossing VA’s”. What exactly do you mean? I would guess that VA stood Value Area. Which is the entire profile. But that doesn’t make sense. So I guess you actually meant to say “crossing the VAH and VAL levels”? If that is the case, simply adjust the user inputs until the trigger range has vanished. You probably need to see this in a screenshot so post in the Q&A forum if you still have questions.
Pete, thank you for your prompt reply and apologies for the lack of clarification. Yes, you guessed it spot on that I meant VAH and VAL. I’ve tried adjusting the inputs to fine tune it to no avail, so I have posted a query in the Q&A section. Thank you in advance.