Definition
#Measures where current price sits relative to the nearest previous complete UTC day Low Volume Node area. LVNs are prior-session price zones where relatively little volume traded.
Formula & calculation
#Build the previous complete UTC day's Volume Profile.
Detect low-volume node areas by grouping adjacent low-volume buckets into zones.
Select the LVN area with the smallest absolute distance to current price.
If current price is inside that LVN area:
If price is below the nearest LVN:
If price is above the nearest LVN:
Detect low-volume node areas by grouping adjacent low-volume buckets into zones.
Select the LVN area with the smallest absolute distance to current price.
If current price is inside that LVN area:
distance = 0If price is below the nearest LVN:
(current_price - lvn_low) / current_price × 100If price is above the nearest LVN:
(current_price - lvn_high) / current_price × 100Units & range
%. Negative means below the nearest LVN area, 0 means inside it, positive means above it.
Interpretation
#A value near zero means price is approaching or trading inside a prior low-participation area. LVNs can mark thin areas where price previously spent less volume.
Practical usage
#Use a between filter to find coins near prior low-volume pockets, then require live momentum, volume, or imbalance confirmation.
Common mistakes
#Frequent interpretation traps and misuse patterns to avoid when applying this metric.
- Treating LVN as automatically bullish or bearish. It describes prior volume scarcity, not direction.
- Assuming there is only one LVN. The scanner field uses the nearest LVN area because profiles can contain multiple low-volume zones.
- Using LVN distance without a liquidity floor. Thin markets can create noisy low-volume pockets.