![]() Market moves on higher volumes are always more important than those on thin volumes. Volume profile shows you the total volume at a particular price on the chart that is open. This is the pink horizontal bars that you are seeing on the right. Kite, the web based app of Zerodha comes with an indicator called Volume profile that helps you in the same. Knowing this is helpful in making trading decisions. ![]() In your example the chart is a minute chart, so the volume chart based on where you hover shows how many contracts were traded in that particular minute.īut what is probably more meaningful to know is the volume that traded at a particular price. ![]() A typical volume histogram at the bottom of the chart shows you the volume at a particular time on the chart.
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