Definition. The price range in which about 70% of the volume (or time) traded in a given period. The upper edge is the VAH, the lower edge the VAL.
How it works
The value area is built outward from the POC, up and down, adding the next highest-volume levels until about 70% of the total is reached. It's the range the market considered fair.
Example
The session opens above the previous day's VAH. The key question: will the market accept higher prices or return to yesterday's value?
What to watch out for
The result depends on whether the profile is built from the regular session or the full 24 hours, and over what period.
You'll find the full explanation with graphics, examples and exercises in the 🖥️ Order flow atlas space, and its use in the live market in the 🔴 Live Room. Both are available to Club members (in Polish).
