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Auction Market Theory and Market Profile

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  • Post #15,381
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  • Dec 27, 2020 11:39am Dec 27, 2020 11:39am
  •  Foxicle
  • | Joined Apr 2020 | Status: Crunch crunch crunch | 166 Posts
Guys, I have studied TPO chart for a while and as you can see in the picture we can compile TPO using riv-ay for a maximum of 5 years. Now the question is, is there an indicator to compile them all in one profile or atleast some customization to read like more than 5 years of profile?

I have tried one indicator but it only displays lines, maybe there is something that displays letters?
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  • Post #15,382
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  • Dec 27, 2020 5:31pm Dec 27, 2020 5:31pm
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
Quoting Foxicle
Disliked
Guys, I have studied TPO chart for a while and as you can see in the picture we can compile TPO using riv-ay for a maximum of 5 years. Now the question is, is there an indicator to compile them all in one profile or atleast some customization to read like more than 5 years of profile? I have tried one indicator but it only displays lines, maybe there is something that displays letters? {image}
Ignored
I don't know anyone who trades on a 5 year chart
then you are the first
  • Post #15,383
  • Quote
  • Dec 28, 2020 4:49am Dec 28, 2020 4:49am
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
eg


low area asien
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  • Post #15,384
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  • Dec 28, 2020 4:52am Dec 28, 2020 4:52am
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
au
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  • Post #15,385
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  • Dec 28, 2020 10:42am Dec 28, 2020 10:42am
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
EA
away from the poc
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  • Post #15,386
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  • Dec 28, 2020 10:46am Dec 28, 2020 10:46am
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
ej
correlation
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  • Post #15,387
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  • Dec 28, 2020 11:06am Dec 28, 2020 11:06am
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
EN

correlation
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  • Post #15,388
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  • Dec 28, 2020 12:02pm Dec 28, 2020 12:02pm
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
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1
  • Post #15,389
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  • Dec 29, 2020 12:44pm Dec 29, 2020 12:44pm
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 2,078 Posts | Invisible
Hi kette, excellent thread here.

I am going to ask a novice question, but I am sure many traders will appreciate.

What is the closest, or best way to find the point of control on a weekly basis - in past history without the market profile tool: a moving average, bollinger bands, simple price action, etc?

I want to use retail sentiment as trend direction using poc as a pivot.

I hope that I am in the right place, thanks
Feels right this time!
  • Post #15,390
  • Quote
  • Dec 29, 2020 12:57pm Dec 29, 2020 12:57pm
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
i use H1 for a week
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  • Post #15,391
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  • Dec 29, 2020 1:09pm Dec 29, 2020 1:09pm
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 2,078 Posts | Invisible
Quoting kette
Disliked
i use H1 for a week {image}
Ignored
I see. Too many choppiness in price action.

There are opportunities in the edges and also at 2180/2200 area.
Feels right this time!
  • Post #15,392
  • Quote
  • Dec 29, 2020 8:18pm Dec 29, 2020 8:18pm
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
Quoting Js3mwtRc
Disliked
{quote} I see. Too many choppiness in price action. There are opportunities in the edges and also at 2180/2200 area.
Ignored

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  • Post #15,393
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  • Dec 30, 2020 5:19am Dec 30, 2020 5:19am
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
finish
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  • Post #15,394
  • Quote
  • Dec 30, 2020 5:23am Dec 30, 2020 5:23am
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
I hereby say goodbye to this room


Goodbye
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  • Post #15,395
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  • Dec 30, 2020 9:23am Dec 30, 2020 9:23am
  •  franconep
  • | Joined Aug 2020 | Status: Member | 13 Posts
Hello, since the links in the first post aren't valid can someone tell me on what post the more recents files got uploaded and from what post you guys talk about the most updated way to trade this system, thanks.
  • Post #15,396
  • Quote
  • Jan 5, 2021 1:22pm Jan 5, 2021 1:22pm
  •  Pipimintpati
  • | Joined Dec 2007 | Status: Member | 319 Posts
High, I use POC previous day(s) to trade H1/H4 close reversals, with a harmonic pattern and hopefully divergence on my harmonic MACD which in my opinion is the most reliable MACD ever made the Harmonized Stoch is also amazing and better then any STOCH ever made, IMHO of course. If you google Brooky Harmonized MACD, STOCH or RSI I believe it is in this forum I posted. Brooky indicators website I think is gone. Thats not why Im here right now. I want to introduce an idea relevant to Highs and Lows of both the Volume and Market Profiles. One high/Low is of course High or Low that DAY/WEK/MONTH. the other is the Balance void HIGH/LOW. Brooky created this idea as far as I know. Brooky from Brooky-Indicators and Webley is the first to create the idea of a Positive or Negative Balance Void. The Balance void of either VP/MP is Fifty percent of the Volume/Market Profile POC in the opposite direction of the High/Low for that given TF. Also, the price moves away from the void when the POC shifts when the market abruptly changes direction . I will provide an Example. To understand, Thank you. I also, per instruction cannot share the indicator which shows this but I can provide an example. Also, When a balance void will hit a target price in the opposite direction of the market alot of the time acts as a target opposite the void at the market price. The balance void can be used to do very many interesting chart projections if you love geometry, like the projection from POC to previous POC's where the day one, not Day Zero, is 50 percent of the projection from the given previous POC, I will show you an example. I HOPE what I have shared here today is recieved well and expanded on. I will also try to post this same post in the other Threads which address the most important market insights I have ever learned which are of cours the Volume/Market Profiles. Thank You Brooky, without your discovery or share with me your knowledge I would be trade in the outer space market areas of limbo with zero CONTEXT IS THE MARKET PLACE ITSELF. Thank you all. IMHO of course. Oh and please forgive grammar and or misspellings. Edit: there is another great projection made of the high/low balance void or the high/low from the any given day not current POC as it is still developing back to previous POC's. If anyone has heard of a balance void. I apologize, I though Brooky created it. Again thank you all. IMHO
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Intelligence Grows Where Feedback Flows
  • Post #15,397
  • Quote
  • Jan 8, 2021 10:33am Jan 8, 2021 10:33am
  •  Ratel
  • Joined Jan 2018 | Status: Member | 606 Posts
Good luck with the trading this year to you all. I will be back on Monday from vacation and will start trading on Tuesday.
2
  • Post #15,398
  • Quote
  • Jan 8, 2021 4:44pm Jan 8, 2021 4:44pm
  •  Pipimintpati
  • | Joined Dec 2007 | Status: Member | 319 Posts
Quoting Ratel
Disliked
Good luck with the trading this year to you all. I will be back on Monday from vacation and will start trading on Tuesday.
Ignored

Thanks. Cheers.
Intelligence Grows Where Feedback Flows
  • Post #15,399
  • Quote
  • Jan 9, 2021 4:07am Jan 9, 2021 4:07am
  •  T4Trade
  • Joined Sep 2017 | Status: Trend Following,Price Action,Marti | 1,689 Posts
Quoting kette
Disliked
nice indicator {file} {image}
Ignored
how to use this indicator?
  • Post #15,400
  • Quote
  • Edited at 12:19pm Jan 9, 2021 6:04am | Edited at 12:19pm
  •  kette
  • Joined Jan 2018 | Status: Member | 10,420 Posts | Invisible
Quoting T4Trade
Disliked
{quote} how to use this indicator?
Ignored

I will code your EAs and Indicators for no charge


page 2105
post 42081

the same way, by the way, you are dementia

what shoud that ???

please don't write to me again, thank you
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