Auction Market Theory and Market Profile

Quoting drzakir123

does these indicator work on metatrader,i tried to do this but they wont open.i dont know how to put on metatrader,they do appear on custom indicator but that is it,wont open,does anyone help me how to fix this,regards

Quoting infinitus

Hi drzakir123,



when you apply this indicators for e.g. daily market profile, you have to take care that you set the TF to 15min or 30min. Try the lower TF's out...

Quoting mzvega

Its refreshing to hear someone acknowledge that fact.........


Trading the lines on the MP/VP graphic as S&R is pretty much a coin toss, with 50/50 odds at best.
[font=Verdana]Understanding the Auction Market process allows you to assess the odds of price continuation higher/lower, or the odds of a reversal……………(i.e. price above value does not necessarily mean price is "over valued"), where price opened is a factor that would change the context, where we are relative to the higher tf distribution may also change the...

Quoting drzakir123

nothing happen,what i am doing is open computer---program files--oanda metatrader---experts---indicator---pasting the download u provided. and its appearing on custom indiactor,i dont know if i am doing anything wrong

Quoting infinitus

My big wish is this indicator, where I can determine via the start and end date the time span of the bell curve. Someone there with programming skills?

Quoting infinitus

Now you ask me wherefore, I think. Well, I like to back test old data respectively Elliot waves in the past, where I can be sure, that it was an impulsive move. Because I like to research the difference in Market Profile between impulsive and corrective waves.

Quoting infinitus

Hi drzakir123,



when you apply this indicators for e.g. daily market profile, you have to take care that you set the TF to 15min or 30min. Try the lower TF's out...

Quoting drzakir123

thanks for the response,i am posting chart as its appearing to me.what input ur putting,it still not appearing properly like urs.help

Quoting infinitus

Input parameters:


Look back: 32
Use Volume Profile: true
Profile Timeframe: D
Day start hour: 22 (I am on GMT, and that is the time of the daily roll)
VATPO Percent: 70
TickSize: 1
Extended POC Lines 32
Show price histogram: true
Show value area: true
Show VAHVAL Lines: true
Show openClose arrow: true

Quoting drzakir123

hi,thank v v much.appreciated and so grateful to u.now u have forced me to brush my knowledge about market profile.as a appreciation of ur help here is a vouch for u.please do accept it.regards

Quoting drzakir123

hi,thank v v much.appreciated and so grateful to u.now u have forced me to brush my knowledge about market profile.as a appreciation of ur help here is a vouch for u.please do accept it.regards

Quoting infinitus

Take a look at this book:

http://www.filecrop.com/66654199/index.html

Quoting infinitus

Hi MZVega,

good post - saved it for further reference :-)

Are you able to provide an analysis, or better trading conclusion, on all of this points for tomorrow?

I am asking, because basing an opinion on such a huge amount of information/topics seems, at least for me, nearly impossible.


Out of all topics you gave - what are the most important say 4-8?


Thanks in advance,


Markus

Quoting drzakir123

thank u very much for the link.by the way indicator fine,its the setting of my metatrader which is causing problem,like in properties backgound and forefround set none hence i was unable to see anything,now i change it to black and white its working fine i was much frustrated becos of this so i left my market profile studies and used to draw it with hand manually but very time consuming and me being very busy left it.do u have any indicator which can show seperately asian,european,and ny session.also if u got anything which club all this session...

Quoting mzvega

All of them are important……………one might find it easier to wrap one's mind around the subject, knowing each of those items fall into one of a few categories Value Area Placement, Directional Performance, Range Extension, Opening/Day type & conviction, Timeframe Control. It also requires end of day analysis, and a trading plan. If you spend a few minutes at the end of each day/session and have a plan to anticipate the 3 possible trade scenarios at your reference areas/points of interest, all you need to do is monitor for change....

Quoting drzakir123

thank u very much for the link.by the way indicator fine,its the setting of my metatrader which is causing problem,like in properties backgound and forefround set none hence i was unable to see anything,now i change it to black and white its working fine i was much frustrated becos of this so i left my market profile studies and used to draw it with hand manually but very time consuming and me being very busy left it.do u have any indicator which can show seperately asian,european,and ny session.also if u got anything which club all this session...

Quoting mzvega

The indicator your choosing to use lacks the majority of of "market generated info". If all you plan to do is trade S&R, you should find it sufficent. But, Initial balance. Range extention, tpo count, vol, rotation factor, quality close, etc, are all lacking.

If you take a little time to browse the thread youll find the most updated & useful indicators. The ones ive posted have the ability to track the D,W,M.Q,Y profiles with the option to merge & split the daily profile into sessions, it also allows you to merge x amount of daily profiles...

Quoting drzakir123

thank u very much,much appreciated.initially i have some problem about how to use or transfer the indicator to metatrader but got it ultimatley.i hope will be posting more with time about real trades and analysis.first i have to brush my knowledge, one more time which i am going to do it during christmas.
no,i wont be using it as S&R tools,i will be using it as more to feel the market and positioning of my trades.yes rotation factor is important but i dont know about the volume as its not availbale.tick volume i dont know about it...

Quoting skyscraper

Bandung,
In your doc you have used indicator ay.TPOChart.1.32, any plan to share it soon?

Quoting zelenko

is version 1.31 is the last version and contain all features ??????