Daily RTH Volume Profiles with Candlestick Crimson is the daily-structure chart of the Crimson Day Trading Suite, with optimizations for ES, NQ, Crude Oil and Gold futures. Each regular-session (RTH) day appears as a candle with its own volume profile and key numbers, so you see the auctions of as many days as you load into the chart, in the Crimson color scheme.

What is on the chart

• Daily RTH candles, each with its own volume profile
• Daily RTH data for every session: high and low, range, volume, delta volume and Point of Control
• Volume profile of all visible bars on the right side of the screen
• Levels: previous month high and low, previous week high and low, current week high and low
• Average Daily Range (ADR) graph

Step 2 of the Crimson workflow

The Crimson Suite reads the market from the top down. The weekly TPO shows the bigger themes. This chart narrows it to individual days: which sessions trended, which ones balanced and where each one did most of its business. Then the 30-minute profile and the Renko day levels take you into today’s session.

Using range and ADR

The Average Daily Range graph tells you how far the market usually travels in a regular session. If today’s range has already reached its average by mid-morning, chasing a breakout gets riskier and fading the extremes gets more interesting. If the market is still compressed, a range expansion is more likely ahead.

The numbers under each daily profile summarize volume, delta and range, so every session gives you detailed insight at a glance.

Good to know

• Optimized for ES, NQ, Crude Oil and Gold. Choose your market on the product page. Need more than one market? Add the other optimizations at a reduced price before you add the template to the cart.
• Looking for the original color scheme for any market? See Daily RTH Volume Profiles with Candlestick.
• Uses standard Sierra Chart studies. We recommend Package 10 or higher.
• Also included in the Crimson Day Trading Suite. More options: Sierra Chart volume profile templates.
• For your preparation: the Volatility & Range Projection indicator shows the expected size of each session, based on the market’s volatility index.