Is volume profile actually needed for orderflow scalping?
Hey everyone,
I’m learning orderflow trading and mainly focusing on scalps only. I’m currently fresh and new starting probably learning VP. Btw I use ATAS
My question is:
Is volume profile (VAH/VAL/POC) really necessary, or can I rely mostly on orderflow alone? Later on I’m planning adding bookmap, like heatmap
I get that volume profile gives context and key levels, but for such short moves, does it actually make a big difference? Or is execution and reading the tape/footprint/dom more important?
Would appreciate hearing how you guys approach this:
Do you always use volume profile for scalping?
Or do you trade purely off orderflow/footprint/dom/bookmap? I heard that some only use footprint+bookmap
Has adding VP noticeably improved your results or is it not needed/optional?
Thanks :)