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On Point

  • #1,361
  • Edited 3:29pm Jan 22, 2021 3:16pm | Edited 3:29pm
Quoting Pipimintpati
{quote} My MHA(Most Humble Apologies), I enjoy all these threads I will try to not post a bunch of screenshots, I get carried away sometimes. I know that I misinterpreted the interaction, but just wanted to add the thing about the screenshots. I have been here at FF a long while, but I do have a ton to learn and I am.
You could be very lucky in this thread, there is a significant amount of knowledge and kindness here, it is by far and away the best forum thread I have ever seen in my 15 years here. It is a thread without assholes and that is truly amazing, we have Wags to thank for that.

My advice to you is to focus on the market profile theme that this forum has and then the collective learning that we get from it, and not to pollute it with anything that isn’t in the general theme of what is going on. Then, you will get the best of what actually is some genius here and I am sure I speak for Wags, your input would be very welcome.

Oh.... and keep an eye on Kette !!!!! That level of free information doesn’t come often.
  • #1,362
  • Jan 22, 2021 3:51pm Jan 22, 2021 3:51pm
Quoting netsrac
Have a nice weekend too. Thanks especially to wags and kette for some very instructive pictures and texts. Unfortunately I haven't understood everything yet (especially how to spot buyer/seller volume). But I am hopeful.

buyer and seller, last 8 days
GBPCHF

netsrac, you might notice why I bought ny session today


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  • #1,363
  • Jan 22, 2021 3:57pm Jan 22, 2021 3:57pm
Hey Kette, genius as usual. Would you mind comparing that chart with your MP diagrams, it might help everybody. Thanks my friend.
  • #1,364
  • Jan 22, 2021 4:14pm Jan 22, 2021 4:14pm
Quoting rogerha
Hey Kette, genius as usual. Would you mind comparing that chart with your MP diagrams, it might help everybody. Thanks my friend.

the purchase was only valid for the ny session


Please my friend
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  • #1,365
  • Jan 22, 2021 4:33pm Jan 22, 2021 4:33pm
I wish I had your eyes. Trade up and through daly POC for the US session ? Quick scalp ? The longer range poc not a concern ?

and the buy limits were at the extreme of no value?
  • #1,366
  • Jan 22, 2021 4:35pm Jan 22, 2021 4:35pm
Quoting rogerha
I wish I had your eyes. Trade up and through daly POC for the US session ? Quick scalp ? The longer range poc not a concern ? and the buy limits were at the extreme of no value?

MAGIC

  • #1,367
  • Jan 22, 2021 4:36pm Jan 22, 2021 4:36pm
Quoting rogerha
I wish I had your eyes. Trade up and through daly POC for the US session ? Quick scalp ? The longer range poc not a concern ? and the buy limits were at the extreme of no value?

I wish you a nice weekend
  • #1,368
  • Jan 22, 2021 4:38pm Jan 22, 2021 4:38pm
You too Kette, take care - we know you have magic powers
  • #1,369
  • Jan 22, 2021 5:06pm Jan 22, 2021 5:06pm
Hello Wags and Kette, I have a query, in the attached image, the Volume in the time range (left) and the volume in the price level (right), it varies in the POC levels and in the maximum peaks, why is gives this situation ?.
image 1 (cescof template) are Volume Profile indicators?
Image 2 (mp trader color template) and 3 (Onpoint template) are Market Profile Indicators?
Which of the two is more efficient when operating?
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  • #1,370
  • Jan 22, 2021 5:15pm Jan 22, 2021 5:15pm
Quoting orderblock
Hello Wags and Kette, I have a query, in the attached image, the Volume in the time range (left) and the volume in the price level (right), it varies in the POC levels and in the maximum peaks, why is gives this situation ?. image 1 (cescof template) are Volume Profile indicators? Image 2 (mp trader color template) and 3 (Onpoint template) are Market Profile Indicators? Which of the two is more efficient when operating?{image}
Fella, you have three different screens with three different indicators or configurations ? What are you asking the team for ? Find what works for you, because you cannot be told what will work for you my friend because it could truly be any of those screens. Trading is an individual business, if you expect somebody to give you a set of trading rules that will make you successful, then you are 10 years from success. That is not this business.
  • #1,371
  • Jan 22, 2021 5:28pm Jan 22, 2021 5:28pm
Quoting orderblock
Hello Wags and Kette, I have a query, in the attached image, the Volume in the time range (left) and the volume in the price level (right), it varies in the POC levels and in the maximum peaks, why is gives this situation ?. image 1 (cescof template) are Volume Profile indicators? Image 2 (mp trader color template) and 3 (Onpoint template) are Market Profile Indicators? Which of the two is more efficient when operating?{image}

one is a tpo
the other is a market profile
then it is up to your broker what volume or tick you get
you always have deviations
difference

The difference between the volume profile and the TPO is that the TPO builds the profile according to time, with the price being output at each price level and the volume profile taking into account the amount of the traded volume.
  • #1,372
  • Jan 22, 2021 5:29pm Jan 22, 2021 5:29pm
it makes no difference in trading, page 1
as wags described it
  • #1,373
  • Edited 8:38pm Jan 22, 2021 5:54pm | Edited 8:38pm
good evening everyone.

i hope you guys are doing good.
so i was looking into the things you guys kindly shared here in this thread and for me its really great stuff.
i almost completely use the setup from post 1 for all my charts now because i find the concept really nice to look for POC from past individual days and combine it with the POC of the last 5days.

for me the whole thing is kinda the "setup" and i was previously looking only into the normal MP from the last full day plus the current day and i was searching for areas of high volume and then go into 5min chart and search for some kind of trigger.

the way of finding my setup has improved a lot thanks to you guys but i am still a bit indecisive what would be the best trigger.
i looked a lot into the CCFp indicator that kette likes to use but i figured its not really speaking to me^^ like i think its a bit lagging for me and i cant really get a clear concept what "power" this indicator really should have in my trigger decision. because i observed that it is like most of the oscilators i looked into. i think it is a bit lagging and gives its signal when the price actually moved quite some bit in the direction of the trade.

i am amazed how Wags just sets his trades at areas with several POC zones coming together and just goes for it not even waiting for candle close. i always looked for "something" that tells me to trigger the trade but maybe its just going for it and dont overthink it to much. but i think for me personally i will need something more than just pulling the trigger "blindly" i dont think this would work for me and thats why im really stoked by your performance Wags.

i always like to have a bollinger band at 5min charts where i seek the actual entry of a trade but i dont consider this as the best solution so far.


another thing i tryed to get my head around is the whole "delta river" thing that kette kindly introduced but its reaaaally confusing for me. i dont really get what exactly you are looking at in this whole thing. i understand the basic concept and what im looking at in general but i dont really get what exactly makes you pull the trigger from this information. somehow you can see where buyers/sellers have the control but i dont get the whole thing because for me its not really clear to see. i mean you will not be able to see in the future with it so is it some sort of divergence or imbalance you are seeing there? i would love to learn more about it but so far its absolutely confusing for me and i dont think i can understand it better by myself because i looked into it a lot

i wish you guys all the best weekend and stay healthy
  • #1,374
  • Jan 22, 2021 6:18pm Jan 22, 2021 6:18pm
each letter (tpo) 1 point gbpchf
the number of times a value is traded 1 tpo
7 letters 7 tpo plus volume vpo
market profiles with volume xrpusd
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  • #1,375
  • Jan 22, 2021 6:23pm Jan 22, 2021 6:23pm
[quote = kette; 13373347] {quote} uno es un tpo el otro es un perfil de mercado, entonces depende de su corredor qué volumen o tick obtenga siempre tiene desviaciones diferencia La diferencia entre el perfil de volumen y el TPO es que el TPO construye el perfil de acuerdo con el tiempo, con el precio de salida en cada nivel de precios y el perfil de volumen teniendo en cuenta la cantidad del volumen negociado. [/ Quote]


very good thanks for the clarification, always very kind, have a nice weekend
  • #1,376
  • Jan 22, 2021 6:32pm Jan 22, 2021 6:32pm
Quoting orderblock
[quote = kette; 13373347] {quote} uno es un tpo el otro es un perfil de mercado, entonces depende de su corredor qué volumen o tick obtenga siempre tiene desviaciones diferencia La diferencia entre el perfil de volumen y el TPO es que el TPO construye el perfil de acuerdo con el tiempo, con el precio de salida en cada nivel de precios y el perfil de volumen teniendo en cuenta la cantidad del volumen negociado. [/ Quote] very good thanks for the clarification, always very kind, have a nice weekend

https://www.mql5.com/en/market/produ...rce=Unknown%3A
  • #1,377
  • Jan 22, 2021 6:34pm Jan 22, 2021 6:34pm
Quoting kette
{quote} https://www.mql5.com/en/market/produ...rce=Unknown%3A


https://www.mql5.com/en/market/produ...roduct+Similar


my friend has that
  • #1,378
  • Jan 22, 2021 11:28pm Jan 22, 2021 11:28pm
Quoting kette
{quote} the purchase was only valid for the ny session Please my friend {image}
Sorry for asking at the weekend. But it does occupy me enormously.
Is the concept of the sessions (Asia, London, NY) the decisive one? I see similarities in your picture in how the NY market behaved on Friday or Tuesday.
One could come to the conclusion that where you set your buy-limits is where the NY-buyers are. I ask this because your limits are in a volume low and you are trading into the weekly poc, looking at the weekly profile on the right. That doesn't make sense if you compare it to the setup of wags.
Would you like to say something about this? Thank you!
  • #1,379
  • Jan 23, 2021 12:18am Jan 23, 2021 12:18am
I am completely impressed with the Volume POC/Nodes & the MP Indicators. I got around to checking out the Intraday Settings, I overlapped the sessions by two hours and lookback to the previous little swing high to gain more levels context. Also Have the Volume POC's/Nodes(such a great indicator) looking back to the previous range highs. Does this look right ? Oh, Added my own thing to it as well, of course.

-Thanks for sharing these and yours.
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Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,380
  • Jan 23, 2021 12:39am Jan 23, 2021 12:39am
Just tryin something out, its laggy however

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