WickCheck / Trading school / Value area
Value areaVAH / VALIntermediate
The price range holding about 70% of a session's volume, with a high (VAH) and low (VAL).
What it means
Opening outside yesterday's value area and returning inside is a classic setup (the 80% rule) that is easy to test.
How to spot it
- The band around the POC covering 70% of volume.
Common mistakes
- Using different value area settings than you tested.
Related terms
Volume profileA sideways histogram showing how much traded at each price.…Point of controlThe price with the most volume (or time) in a volume profile.…Dealing rangeThe range between a clear swing high and swing low that price is currently tradi…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.