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On Point

  • #1,421
  • Jan 25, 2021 9:19am Jan 25, 2021 9:19am
Quoting kette
uj is not a trend, little volume {image}
Please what I'm I missing in my template that does not make my chart looks like yours. Thanks
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  • #1,422
  • Jan 25, 2021 9:27am Jan 25, 2021 9:27am
Quoting oluwagbenga
{quote} Please let me ask, why did you name the profile 1,2,3 also how do I know a trending profile. Thanks

page 11

post 207 mp

page 24

post 474 mp


template

page 68

post1350

1 2 3 days can occur differently
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  • #1,423
  • Edited 10:54am Jan 25, 2021 10:31am | Edited 10:54am
Hi I was using some of the Script master's Script/Indicator using, Chart & Index Master with the EUR/USD I quickly composed a CCF using a custom index and an Sub-Window Chart as seen here. I think it van be much betting. I I dropped the Chart on the Index and this is what it looks like on this Scale, it can probably get much better. Also the Find VL Script is on this image too.

IMHO, this works much better than the CCF, at least for the EUR in this case. Also I can do this which is CHART/Index or INDEX/ Index, CHART/Chart in the sub-WIN.
The Chart indicator can be inverse and price applied to 1 through 7, much more dynamic than CCF and the Index is fully customizable, the Chart manager script is really cool too IMHO. next I try the MT-Script mast indicator which sound pretty cool.

Also, I can Apply other indicators, EA or Stoch to the Index chart sub-window, next I try Stoch Master

Cheers
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Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,424
  • Jan 25, 2021 11:19am Jan 25, 2021 11:19am
Quoting kette
{image}{image}

That stop hunt sent me back to the start lol
  • #1,425
  • Jan 25, 2021 11:22am Jan 25, 2021 11:22am
Finished painting the kitchen now after not being able to look at the charts properly for over a week i can get back to some trading
  • #1,426
  • Jan 25, 2021 11:37am Jan 25, 2021 11:37am
Quoting Pipimintpati
Hi I was using some of the Script master's Script/Indicator using, Chart & Index Master with the EUR/USD I quickly composed a CCF using a custom index and an Sub-Window Chart as seen here. I think it van be much betting. I I dropped the Chart on the Index and this is what it looks like on this Scale, it can probably get much better. Also the Find VL Script is on this image too. IMHO, this works much better than the CCF, at least for the EUR in this case. Also I can do this which is CHART/Index or INDEX/ Index, CHART/Chart in the sub-WIN. The Chart...

Hi Pipiminpati

Could you send me or point me in the right direction for the +index indis as i have been using the same kind of setups but in a much cruder way

Wags
  • #1,427
  • Jan 25, 2021 11:38am Jan 25, 2021 11:38am
My 2 current running trades, went 40 pips up on GA and AN has been treading water but i expect it to break current down trend

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  • #1,428
  • Jan 25, 2021 11:39am Jan 25, 2021 11:39am
Quoting kette
{quote} volume range nzd future {image}

Hi Leacher will do a bit later tonight for you
  • #1,429
  • Jan 25, 2021 11:41am Jan 25, 2021 11:41am
Quoting orderblock
Hello Friends, I share with you the 2 successful trades that I took, out of 5 trades 2 successful and 3 in stop loss, it was not a good day, but we continue with high morale to continue learning from this great team who help us with their knowledge. .. EURNZD and correlation NZDCHF{image}{image}

How much SL did have mate
  • #1,430
  • Jan 25, 2021 11:58am Jan 25, 2021 11:58am
[quote = Wags; 13376421] {quote} ¿Cuánto SL tenía mate [/ quote]


I generally use 15 to 20 pips of stop loss and go for 30 to 50 pips of profit, I do not know if I am doing good trade management.
  • #1,431
  • Jan 25, 2021 11:59am Jan 25, 2021 11:59am
Quoting Wags
{quote} Hi Leacher will do a bit later tonight for you
Wags could you please share a screenshot of the TPO and VP-range settings you use in these templates?
  • #1,432
  • Jan 25, 2021 12:01pm Jan 25, 2021 12:01pm
Quoting orderblock
[quote = Wags; 13376421] {quote} ¿Cuánto SL tenía mate [/ quote] I generally use 15 to 20 pips of stop loss and go for 30 to 50 pips of profit, I do not know if I am doing good trade management.

Have you got the atr indi on your chart?

I do not use SL when in front of screen but i would use ATR as guide for each pair as the move differently

TP i look at HVN and VAL , VAH etc or volume
  • #1,433
  • Jan 25, 2021 12:07pm Jan 25, 2021 12:07pm
Quoting orderblock
{quote} Wags could you please share a screenshot of the TPO and VP-range settings you use in these templates?

I'm trying out longer TF version atm to see if it works for longer trades so there is no point, all settings for original are on post one

If you want to try longer trades i would say have a mess around with settings, trial and error is the way to lreally learn stuff
  • #1,434
  • Jan 25, 2021 12:43pm Jan 25, 2021 12:43pm
Quoting Wags
{quote} That stop hunt sent me back to the start lol
your short was good with profit
i was long, both sides won
we have a trend H1
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  • #1,435
  • Jan 25, 2021 12:47pm Jan 25, 2021 12:47pm
Quoting Wags
{quote} Hi Pipiminpati Could you send me or point me in the right direction for the +index indis as i have been using the same kind of setups but in a much cruder way Wags

I thought I already did here should be the link to all his stuff and the website is...FXcoder MQL Scripts · GitLab(www.gitlab.com/fxcoder-mql)

Also, Added an Image to the original posting.
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,436
  • Edited 1:33pm Jan 25, 2021 12:52pm | Edited 1:33pm
Also, When you go to Gitlabs.com the "Popular" Links come back when things like this... which I think is your Volume on time range ? There is so... much more.


FXcoder: VP 9.0. Квантили(The One you already Posted)Whoops...

Second image: Also, Here is an example of two cross rates indexed, I don't know how to utilize this indicator. We could start a separate thread for each of these indicator/scripts. I personally dont have the skills yet to make such a venture attractive to other people but maybe one of you are ? Just a thought, I will be exercising these for a long while to come.
FXcoder: Индекс валюты, Info about the index indi.
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Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,437
  • Jan 25, 2021 1:51pm Jan 25, 2021 1:51pm
Quoting Pipimintpati
Also, When you go to Gitlabs.com the "Popular" Links come back when things like this... which I think is your Volume on time range ? There is so... much more. FXcoder: VP 9.0. Квантили(The One you already Posted)Whoops... Second image: Also, Here is an example of two cross rates indexed, I don't know how to utilize this indicator. We could start a separate thread for each of these indicator/scripts. I personally dont have the skills yet...

Thanks i will check it out , really appreciate your help

This will make my life a lot easier if i can do what i think
  • #1,438
  • Edited 6:00pm Jan 25, 2021 2:02pm | Edited 6:00pm
Day Open above Last Month POC & Below this Months POC. 5pm EST start 1_26_2021 I think this might matter ?? I Think its the next day, anyway.
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,439
  • Jan 25, 2021 2:06pm Jan 25, 2021 2:06pm
Quoting Wags
{quote} Thanks i will check it out , really appreciate your help This will make my life a lot easier if i can do what i think
At this Point, if you can think it, you can do it ! most likely anyways. No Problem at all.
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,440
  • Jan 25, 2021 3:03pm Jan 25, 2021 3:03pm
The 80% Rule - A Popular Strategy
A very popular strategy in Market Profile is the 80% rule: It was first mentioned in The Profile Reports (by Dalton Capital Management 1987-1991).
The rule says: if the market opens above or below the value area (of the previous day) and the market then moves in the direction of the value area in the first hour (initial balance i.e. the letters A and B) and also reaches the value area, then the Market reach the other end of the value area with a probability of 80%.
The prerequisite is that a balanced day with a well-defined bell curve was formed the day before.
The conservative trader enters a long position when:
The opening price is below the value area of the previous day,
During the first hour of the trading day, the price rises in the direction of the value area (of the previous day) and also reaches this - the (today's) initial balance thus extends from below the VAL into the value area (of the previous day).
The course objective is the VAH (of the previous day).
The course target, the other end of the previous day's value area, can be achieved quite quickly.
The speculative trader can open the position earlier: If the price reaches the previous day's value area in the first half hour, the position can be opened at the beginning of the second half hour.
Vice versa for a short trade:
The opening price is above the value area of the previous day,
During the first hour of the trading day, the price falls in the direction of the value area (of the previous day) and also reaches this - the (today's) initial balance thus extends from above the VAH into the value area (of the previous day).
The course objective is the VAL (of the previous day).
The course target, the other end of the previous day's value area, can be achieved quite quickly.
The speculative trader can open the position earlier: If the price reaches the previous day's value area in the first half hour, the position can be opened at the beginning of the second half hour.
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