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  • #1,841
  • Jan 31, 2021 11:48am Jan 31, 2021 11:48am
hello Pipimintpati,

where can the QTA indicator be found?

Thank,s
  • #1,842
  • Jan 31, 2021 11:54am Jan 31, 2021 11:54am
Quoting mchl13
hello Pipimintpati, where can the QTA indicator be found? Thank,s
Right Here O think I got it from FF or ONIX or TSD or NewDigital forums, but here it is, QTA V 6 set 240, QTA V 4 10080, EXT indicator 0 & EXTCompletkt 101, QTA V 4 10080, EXT indicator 1 & EXTCompletkt 102, then change color number one to something other than Magenta. if your looking for what I have there. But, It it wise to play with different setting, there are many. IMHO
Attached File(s)
File Type: ex4 QTA_v4.ex4   147 KB | 278 downloads
File Type: mq4 QTA_v4.mq4   78 KB | 304 downloads
File Type: ex4 QTA_v6.ex4   149 KB | 276 downloads
File Type: mq4 QTA_v6.mq4   77 KB | 303 downloads
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #1,843
  • Jan 31, 2021 1:18pm Jan 31, 2021 1:18pm
Can someone please be so kind and explain what are the blue and red line on volume profile? I can't find any explanation.
Attached Image (click to enlarge)
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  • #1,844
  • Jan 31, 2021 2:43pm Jan 31, 2021 2:43pm
Here is one explanation. Similar indicator i think.

https://www.mql5.com/en/forum/90197/page4
One Firmament Foundation, One Love Above.
  • #1,845
  • Jan 31, 2021 3:17pm Jan 31, 2021 3:17pm
Quoting fx11trade
Can someone please be so kind and explain what are the blue and red line on volume profile? I can't find any explanation. {image}

https://www.mql5.com/de/code/15440



described in detail here
do not misunderstand, you can act yourself
even google for technical terms
  • #1,846
  • Jan 31, 2021 3:20pm Jan 31, 2021 3:20pm
Quoting Pipimintpati
{quote} the lack of TPO volume above 1.28298 can be seen here as well, on this Daily Bar Monthly Market Profile 1440 Data TF POC & POC Projection chart. The price quickly moves through the Daily bar close end of November's Value Area Low of 1.29826 to December's Monthly POC 1.27874 which is just above Fridays close of 1.27744. I suspect that if the Price moves above 1.2890 will move quickly back to bottom of Novembers Value Area staring at 1.29831 and up to November POC 1.30752. Your Volumes TPO does however raise a two questions, FOR ME. 1) how...

thank you for analyzing where it makes sense to buy or sell
it is very clear, number of tpo
  • #1,847
  • Jan 31, 2021 3:31pm Jan 31, 2021 3:31pm
Hi,

Sorry to bother but where in the Market Profile settings you can adjust the no of days in past to show daily medians (POCs). I get with these settings only last day and also would like to look back 3 days?

Attached Image (click to enlarge)
Click to Enlarge Name: efbd94b381c5b06819f2fca98b1e7228.png Size: 119 KB

Many thanks,
I

Quoting Wags
OK , i love the indi Jagg has created but my heatmap idea of different colours makes it look really confusing so i have come to the conclusion of the last 3 days POC are Red and anything less is colour Silver This is just my preference so you can do as you please {image}
  • #1,848
  • Jan 31, 2021 3:35pm Jan 31, 2021 3:35pm
Quoting Ilvez
Hi, Sorry to bother but where in the Market Profile settings you can adjust the no of days in past to show daily medians (POCs). I get with these settings only last day and also would like to look back 3 days? {image} Many thanks, I {quote}
Set to:

All Previous
All Previous
Stop no rays

Will show your 11 daily sessions
  • #1,849
  • Jan 31, 2021 3:45pm Jan 31, 2021 3:45pm
Many thanks, will play around with this setting.

11 sessions clutters the chart too much, I will stick to previous and current for a while.

Lets see how it plays out, learning now to read the chart and interpret how I can predict the PA by looking at VA boxes. So far for myself it seems I would be looking the entries when the price is outside VA box, or when the VA is skewed towards one or another end of volume range. Basic P and B type approach.

But as I can't devote full day to daytrading, I need to plan ahead quite a lot.

Green pips for next week!

Quoting Wags
{quote} Set to: All Previous All Previous Stop no rays Will show your 11 daily sessions
  • #1,850
  • Jan 31, 2021 5:11pm Jan 31, 2021 5:11pm
Quoting Ilvez
I don't know if you are joking or not with this question but here goes I am trying to use in my trading price action, trend, short term Fibo retracement levels, round number levels, S/R. I aim for at least 2:1 reward/risk ratio e.g. standard trade comes with 40p TP / 20p SL targets. Usually move SL to BE at 15p or sooner if PA permits. This volume based approach needs some more mental effort to get used to and I hope Wags will come up with nice structured summary at some point. Take care, I {quote}
I'm serious
would that be correct with rrr
I've never dealt with it, I want to learn something
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  • #1,851
  • Jan 31, 2021 5:21pm Jan 31, 2021 5:21pm
Weird question, but do you get anything valuable from using tick volume ? is it relevant ? .. sorry if not.
  • #1,852
  • Jan 31, 2021 5:23pm Jan 31, 2021 5:23pm
uc
Attached Image(s) (click to enlarge)
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  • #1,853
  • Edited 5:39pm Jan 31, 2021 5:25pm | Edited 5:39pm
Quoting Excelx
Weird question, but do you get anything valuable from using tick volume ? is it relevant ? .. sorry if not.

yes, otherwise the market wouldn't work, right
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  • #1,854
  • Jan 31, 2021 6:00pm Jan 31, 2021 6:00pm
Was going to let my GJ trade run all this week but that will limit me to no other trades so TP for both entries is 142.250 ish

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  • #1,855
  • Jan 31, 2021 7:07pm Jan 31, 2021 7:07pm
Quoting Wags
Was going to let my GJ trade run all this week but that will limit me to no other trades so TP for both entries is 142.250 ish

Hope it starts coming down more for you. You got in pretty early on that turn tho tbf. Vertical line i think was your entry. Arrow was my entry but i closed that trade friday.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ1.PNG Size: 98 KB



I am however still in EJ which I took around the same time as GJ but EJ took longer to turn so I held it over the weekend. It turned as soon as the market opened so now with profit locked same set up but both EJ and GJ are currently bouncing off of daily pivot so the uptrend may continue. do you not trade with SL?

Attached Image (click to enlarge)
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  • #1,856
  • Jan 31, 2021 8:15pm Jan 31, 2021 8:15pm
Quoting Wags
Was going to let my GJ trade run all this week but that will limit me to no other trades so TP for both entries is 142.250 ish {image}
Lucky you close else broker take back your paper profit.

Quoting sharingan9
{quote} Hope it starts coming down more for you. You got in pretty early on that turn tho tbf. Vertical line i think was your entry. Arrow was my entry but i closed that trade friday. {image} I am however still in EJ which I took around the same time as GJ but EJ took longer to turn so I held it over the weekend. It turned as soon as the market opened so now with profit locked same set up but both EJ and GJ are currently bouncing off of daily pivot so the uptrend may continue. do you not trade with SL? {image}
Careful with EJ hanging listlessly. Your entry exposed with no buffer. Target for broker to swallow SL.
Know what you trade
  • #1,857
  • Feb 1, 2021 12:53am Feb 1, 2021 12:53am
Quoting BWilliam
Lucky you close else broker take back your paper profit. {quote} Careful with EJ hanging listlessly. Your entry exposed with no buffer. Target for broker to swallow SL.
CCFp is more effective and meaningful if seen with a corresponding marker on the chart window.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej1.png Size: 24 KB
Click to Enlarge Name: gj1.png Size: 26 KB
Know what you trade
  • #1,858
  • Feb 1, 2021 1:33am Feb 1, 2021 1:33am
Quoting BWilliam
{quote} CCFp is more effective and meaningful if seen with a corresponding marker on the chart window. {image} {image}
I dont use CCfp at all but Im sure it works for some..
  • #1,859
  • Feb 1, 2021 1:39am Feb 1, 2021 1:39am
for me the best indicator
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  • #1,860
  • Feb 1, 2021 1:40am Feb 1, 2021 1:40am
Quoting sharingan9
I dont use CCfp at all but Im sure it works for some..
Hi Sharingan, long time. How's life ?

I see you use 60m and 240m open line. EJ is like watching the paint dry doing nothing.
For price to hit your tp, That 240m CCFp has to cross.
If the 60m CCFp cross up, your sl is gone, aiming the dol now.
It's either one bro.
Know what you trade
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