You are not well informed.Quote from dbphoenix:
It's not an indicator; it's data. It tells you at what price levels volume was strongest. Generally speaking, these are the levels at which support and resistance will most likely be found.
Low VAP means small resistance for this price, in ascending or descending movement. High VAP means congestive behavior around this price. A High VAP breakout is good news, the stock will explore new price levels soon...Quote from hoodooman:
Can someone tell me how to use this indicators?
regards