Market Profile

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Re: Market Profile

Postby gabrielvelezr » Tue May 07, 2013 8:18 am

Hi Apprentice...Can you change this market profile indicator to show, for example the last 50 H4 bars or last 50 weekly bars?

thanks,
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Re: Market Profile

Postby Apprentice » Wed May 08, 2013 5:45 am

Your request is added to the development list.
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Re: Market Profile

Postby TopTradr » Thu May 16, 2013 5:06 pm

Can you please add the VAH & VAL to this indicator? They are built around the POC.

The Point of Control (POC) is the price where the most trading activity occurred during the day, as represented by the longest line of TPOs nearest to the center of the entire structure. This price is significant because it represents the fairest price to both buyers and sellers. The Value Area is important because it illustrates where 70% of the trading activity occurred during the day. The Value Area High (VAH) and Value Area Low (VAL) tell you where buyers and sellers perceive price to be away from fair value.

Taken From Frank Ochoa, Pivot Boss.
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Re: Market Profile

Postby Apprentice » Fri May 17, 2013 5:02 am

Your request is added to the development list.
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Re: Market Profile

Postby kevinleijh » Thu Nov 14, 2013 12:01 am

what does value area mean (eg 120.4) how to pin point the area thanks
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Re: Market Profile

Postby Apprentice » Thu Nov 14, 2013 4:14 am

If u set Value to 50
And total number of elements is 100
50 value Will give you 50 % of total number of elements.
U will have TSO Count (100 / 50)
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Re: Market Profile

Postby kevinleijh » Thu Nov 14, 2013 4:49 am

Thank you. Can you please update the indi to label or shade the area where 70% of the trade happens so that we can define clearly the location of value if you have time.

Thank you very much
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Re: Market Profile

Postby ivanutesil » Wed Jun 17, 2015 2:07 pm

Hi,

could you please update market profile with some colores and make a possibility to change letters to lines. Also a setup where you can define exactly the number of bars to go back, because if you choose one then thats not enough and if you choose all my comp won´t ever run it. And some better visualisation of VPOC and the value area? It would be really great to do some upgrade. Thank you very much :)
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Re: Market Profile

Postby Apprentice » Fri Jun 19, 2015 4:50 am

Will try to find time for this next week.
Note, you can use Dots instead of letters.
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