Was wondering if there is anyone out there that studies and uses Market Profile indicator. I have searched the net high and low and have found a few attempts at making this indicator for mt4 but none really come close to anything decent.
Would like to actually see a good version of it made. I'd be willing to work along side a programmer to actually come up with one that is better than what's out there now.
Here is a link to a site that does a fairly good job at explaining the theory behind how to use it.
http://www.asx.com.au/research/chart...et_Profile.htm
A good book on the subject that I am currently immersed in is Markets In Profile if anyone wants to learn more about it.
I hope someone has the same ideas as I and would like to see a better Market Profile indicator built.
This is probably the best one I have found yet if anyone would like to try it. I think it still needs some work.
I personally don't use the expert that is included and could care less about it really or any expert.
Anyone else with an opinion on this subject?
Whoops! Sorry forgot to add this file. Put sptlib.mqh file into your include folder.
Would like to actually see a good version of it made. I'd be willing to work along side a programmer to actually come up with one that is better than what's out there now.
Here is a link to a site that does a fairly good job at explaining the theory behind how to use it.
http://www.asx.com.au/research/chart...et_Profile.htm
A good book on the subject that I am currently immersed in is Markets In Profile if anyone wants to learn more about it.
I hope someone has the same ideas as I and would like to see a better Market Profile indicator built.
This is probably the best one I have found yet if anyone would like to try it. I think it still needs some work.
QuoteDislikedThe indicator "sp market profile.mq4" has two modes:
1. daily: it plots mp day per day, for the number of 'days' parameter; I use this with a 30 min chart.
2. manual: you must write in a file 'filename' the start day and hour of the mp, as the sample files in EURUSD_H4.mp, ...; if file name is empty the filename is assumed <ticker>_<timeframe>.mp ; I use it for H4 and daily timeframes.
There are common parameters for ticks, drawingto and to exclude asia, europe or us session (I use it for SP500, where I do not include asia session).
sp market...
Anyone else with an opinion on this subject?
Whoops! Sorry forgot to add this file. Put sptlib.mqh file into your include folder.
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