What is Volume at Price (VAP)?

Nov 05, 2020

As you work in TradeSmith Finance, you might notice some bars on the chart.

VAP
What are these bars?

This represents Volume at Price (VAP).

VAP is an indicator that shows the amount of volume for a particular price range, which is based on closing prices. Volume at Price bars are horizontal and shown on the left side of the chart to correspond with these price ranges.

By combining volume and closing prices, this indicator can be used to identify high-volume price ranges to mark support or resistance.