Jigsaw Trading Blog

daytradr 5 Beta: Yesterday's Volume Profile: A New Tool in Your DOM

Written by Peter Davies | Sep 6, 2024 1:25:16 PM

 

We're introducing a new feature to daytradr 5.0 Beta: Yesterday's Volume Profile in your DOM. This tool provides additional market context by displaying the previous day's trading activity directly in your Depth of Market window. But before we get into the details, a quick update: We're pushing the release of daytradr 5.0 Beta from September 9th to September 13th. Why? Because we want to make sure every feature is polished to perfection. Trust us, it'll be worth the wait! Now, let's talk about this new feature that's coming your way: Yesterday's Volume Profile in your DOM.

Check out this video to see it in action:

 

 

Here's what this new feature brings to your trading arsenal:

  • Spot potential zones for reversals and breakouts using yesterday's volume data
  • Boost your trading precision by leveraging historical market activity
  • Identify key liquidity zones and high/low volume nodes at a glance
  • Set more accurate stop-losses and profit targets

Imagine having a roadmap of where the market was most active yesterday, right there in your DOM. Here's how it works:

  • The new Yesterday Volume Profile column in your Depth & Sales window provides this crucial information directly in your DOM.
  • You can instantly compare today's market context against yesterday's.
  • Identify where heavy trading took place yesterday and how it relates to today's price action.
  • Spot potential areas where the market might move quickly or stall today, like low and high-volume nodes.

Let's face it: in trading, information is power. And this feature gives you information that many traders overlook. Use it to trade smarter, manage your risk better, and spot opportunities others might miss. Remember, daytradr 5.0 Beta, complete with this feature and many more, will be available on September 13th. We can't wait for you to get your hands on it and see how it transforms your trading strategy. Even though it's a beta release, we want to ensure each feature is thoroughly tested and optimized for your use.

Stay tuned for more updates as we count down to the release.