Definition
#Measures where current price sits relative to the nearest previous complete UTC day High Volume Node area. HVNs are prior-session price zones where volume clustered heavily.
Formula & calculation
#Build the previous complete UTC day's Volume Profile.
Detect high-volume node areas by grouping adjacent high-volume buckets into zones.
Select the HVN area with the smallest absolute distance to current price.
If current price is inside that HVN area:
If price is below the nearest HVN:
If price is above the nearest HVN:
Detect high-volume node areas by grouping adjacent high-volume buckets into zones.
Select the HVN area with the smallest absolute distance to current price.
If current price is inside that HVN area:
distance = 0If price is below the nearest HVN:
(current_price - hvn_low) / current_price × 100If price is above the nearest HVN:
(current_price - hvn_high) / current_price × 100Units & range
%. Negative means below the nearest HVN area, 0 means inside it, positive means above it.
Interpretation
#A value near zero means price is approaching or trading inside a prior high-participation area. HVNs often mark areas where the market previously accepted price.
Practical usage
#Use a between filter to find coins close to prior acceptance zones, then pair with live volume and imbalance to separate quiet revisits from active tests.
Common mistakes
#Frequent interpretation traps and misuse patterns to avoid when applying this metric.
- Assuming there is only one HVN. The scanner field uses the nearest HVN area because a profile can contain several high-volume zones.
- Treating HVN as guaranteed support or resistance. It is a prior participation zone, not a prediction.
- Using signed distance when you only care about closeness. Use the absolute version for that.