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Auction Market Theory and Market Profile

  • #6,621
  • Dec 14, 2018 7:20am Dec 14, 2018 7:20am
Quoting kette
{quote} yes he does but how I have pictured, you can even take the volume he draws every candle and if you want even 1min {image} {image}

which post you share the indi???

thanks mate.
  • #6,622
  • Dec 14, 2018 9:09am Dec 14, 2018 9:09am
Quoting princefred
Hello kette. I have followed your analysis sometime past, still trying to understand a lot so far, can you elaborate on how you apply this and which indicator shows it. Will the VR range serve similar function? Thanks. {image}
Read the books by Steidlmeyer and Dalton, it is explained there.

Having said that, they don't do TPO count anymore.

I will give a quick explanation:

If you have more TPOs above POC than below, the profile has a bearish pressure or bias. For bullish is the inverse.

Also, when a profile starts to get very big (I am talking about weekly to monthly profiles), big bell curve shaped profile and the POC gets over 80 TPO across or something like that, then the market is ready to move to another place to find new value in another price level for trading to take place.
  • #6,623
  • Edited 5:15pm Dec 14, 2018 5:03pm | Edited 5:15pm
Quoting abemat
{quote} which post you share the indi??? thanks mate.
Hello,
go to my profile and look under files, there you will find everything

I have described all the settings on the last 25 pages
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  • #6,624
  • Edited 6:36am Dec 15, 2018 6:20am | Edited 6:36am
Quoting Gauer
{quote} Read the books by Steidlmeyer and Dalton, it is explained there. Having said that, they don't do TPO count anymore. I will give a quick explanation: If you have more TPOs above POC than below, the profile has a bearish pressure or bias. For bullish is the inverse. Also, when a profile starts to get very big (I am talking about weekly to monthly profiles), big bell curve shaped profile and the POC gets over 80 TPO across or something like that, then the market is ready to move to another place to find new value in another price level for...
Thanks man I didn't anticipate it will take a long read to get that. I thought it was something kette can simplify. And the explanation about TPO above 80 or something vs POC and shape size just sounded like something that will be subjective. Am not sure its something I can deal with as am not good at art.

Thanks anyway.
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #6,625
  • Dec 17, 2018 2:09am Dec 17, 2018 2:09am
Quoting kette
{quote} Hello, go to my profile and look under files, there you will find everything I have described all the settings on the last 25 pages {image}

thanks mate.

good job.

another question.

how shift the font of VPO. it shift out of range for bigger tf.

https://charts.mql5.com/19/920/eurus...al-limited.png
  • #6,626
  • Edited 6:18pm Dec 17, 2018 6:06pm | Edited 6:18pm
Quoting abemat
{quote} thanks mate. good job. another question. how shift the font of VPO. it shift out of range for bigger tf. {image}
go to the menu of tpo chart
go to CURRENT TVPOright Indent set to 120
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  • #6,627
  • Dec 18, 2018 4:30am Dec 18, 2018 4:30am
kette, what is the VPO column? Is it volume by price?

Is it possible to choose the profile to be plotted based on delta (difference between up ticks vs down ticks)?
  • #6,628
  • Dec 18, 2018 5:02am Dec 18, 2018 5:02am
Quoting Gauer
kette, what is the VPO column? Is it volume by price? Is it possible to choose the profile to be plotted based on delta (difference between up ticks vs down ticks)?
yes
  • #6,629
  • Dec 18, 2018 5:34am Dec 18, 2018 5:34am
Hello everyone!

I'm newbie in volume profile trading. Made trade from delta for the selected accumulation range on AUD/USD.
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Trading ES with Quantower
  • #6,630
  • Dec 18, 2018 8:46am Dec 18, 2018 8:46am
Quoting Tuleap
Hello everyone! I'm newbie in volume profile trading. Made trade from delta for the selected accumulation range on AUD/USD. {image}
Tuleap, which platform is this ?
  • #6,631
  • Dec 18, 2018 9:21am Dec 18, 2018 9:21am
Guess, correction on crude oil will be going on such scenario / levels
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Trading ES with Quantower
  • #6,632
  • Dec 18, 2018 10:08am Dec 18, 2018 10:08am
Quoting Tuleap
Guess, correction on crude oil will be going on such scenario / levels {image}
Atas platform
  • #6,633
  • Dec 18, 2018 10:15am Dec 18, 2018 10:15am
About the platfrom, it's Quantower. They have a thread on this forum. https://www.forexfactory.com/showthread.php?t=758937
Trading ES with Quantower
  • #6,634
  • Dec 18, 2018 10:52am Dec 18, 2018 10:52am
i also used this for a good survey
Attached Image (click to enlarge)
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Attached File(s)
File Type: mq5 VP-v6.mq5   41 KB | 462 downloads
File Type: ex4 VP-v6.ex4   52 KB | 537 downloads
  • #6,635
  • Dec 18, 2018 11:00am Dec 18, 2018 11:00am
Quoting Tuleap
About the platfrom, it's Quantower. They have a thread on this forum. https://www.forexfactory.com/showthread.php?t=758937
The platform is not bad, but costs
  • #6,636
  • Dec 18, 2018 11:05am Dec 18, 2018 11:05am
Quoting kette
{quote} The platform is not bad, but costs
Nice trade! And thanks for indicators ).

Yes, the platform is good, and is free at the moment. will follow them
Trading ES with Quantower
  • #6,637
  • Dec 19, 2018 3:32am Dec 19, 2018 3:32am
WTI has a strong downtrend.
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Trading ES with Quantower
  • #6,638
  • Dec 19, 2018 3:58am Dec 19, 2018 3:58am
Quoting kette
i also used this for a good survey
Do you use Delta in your analysis?
Trading ES with Quantower
  • #6,639
  • Dec 19, 2018 3:06pm Dec 19, 2018 3:06pm
Quoting Tuleap
{quote} Do you use Delta in your analysis?
no
  • #6,640
  • Dec 20, 2018 3:18pm Dec 20, 2018 3:18pm
Post 1,146,948

took a long time, was a direct hit for me
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