Market Profile is a technical analysis tool created by Jim Dalton, who first introduced the concept in his book “Mind Over Markets.” The tool is used to visualize the distribution of trading activity at different price levels during a specific time frame. Market Profile charts show the balance between supply and demand at different price levels and can help traders identify potential support and resistance levels, as well as identify areas where there is a high concentration of trading activity. The tool is especially useful for traders who use a volume-based or time-based approach to trading, as it allows them to see where the majority of trading activity is taking place and make informed decisions about their trades.