market profile

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market profile

Postby boursicoton » Mon Jul 19, 2010 11:01 am

market profile on tpo is a good idea for work an market, possible on marketscope....? volum isn't absolutly.
thanks for your listening !
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Re: market profile

Postby boursicoton » Thu Jul 29, 2010 6:49 am

no interest for this tools ? :D
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Re: market profile

Postby Nikolay.Gekht » Mon Aug 02, 2010 1:26 pm

As far as I understand, without the volume, it's similar to the time price opportunity indicator (viewtopic.php?f=17&t=604&p=1072), just "by days" instead of "the whole period".
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Re: market profile

Postby Nikolay.Gekht » Mon Aug 02, 2010 3:23 pm

BTW, to do exactly as it did in the example, the marketscope needs for additional feature, which is planned for months but is not even started yet: an ability to show the indicator below the prices. However, it is possible to do market profile as an oscillator, so histograms will be shown in the separate area instead of be shown over the prices.
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Re: market profile

Postby boursicoton » Mon Aug 02, 2010 3:58 pm

thanks for your time...
this representation on window oscillator isn't a problem !

two jpg for examples, market profile uses 30 min for timeframe
two arrow : green on line vertical blue : open... line blue : initial balance
red on red line : poc, price most time used....(english poor !)
the best representation is on ninja trader ( http://www.ninjatrader.com/support/foru ... hp?t=15498 )

mp1.png


mp2.png
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