Disliked{quote} Im not recommending that this should apply to you but I rarely use stops, I only use them as a protective stop to secure profits, not as a stop loss for my trade. EU News & Open is closer to my midnight. Most the time I am asleep. Most times than not, price ends up right back where it started, and even if it doesnt you, rarely causes any relative change in value. I trade a small enough size that a wild swing of multiple pairs wouldnt adversely affect my account. Im trading changes from one market condition to another, not price. Price is...Ignored
Auction Market Value Theory & Analytics
- #1,670
- May 26, 2025 11:41am May 26, 2025 11:41am
{quote} AMVT, Thank you. I am not sure what alternative I will have with the limited knowledge I have to create my own. I will see and figure out what it takes for the next journey. Thank you for the info. This is just for you to see the fallacy compared to your findings. Today is May 26, 20205 for GBPJPY. I am totally aware your method is different in all your calculations. This is just for any reviewer to see how the MP Composite 2.1 indicator is working. {image} {image}
It's really heart-breaking to see that nobody actually reads the posts or understand them. It tells me why MzVega probably left, mainly because nobody seems to see past their own chains of thought and incorporate other opinions.
Let me reiterate our conversations:
However, you should know, the indicator does not export correct market profile data. At-least not for me. Hence, it's even wiser to leave it alone, if the calculations you do by hand don't meet the indicator's exported data.
This was my original response to you. I warned that if the indicator doesn't match your calculations, then it's wise to leave it alone. I also said, it doesn't match my calculations. "At-least not for me" Hence the reason I urged you to test it.
If you want to disprove my "fallacy" then it should be done via empirical evidence. I'll be more than happy to admit that I am in the wrong.
However, when you said: "This is just for any reviewer to see how the MP Composite 2.1 indicator is working." Now, you're making a mistake. You didn't give any evidence to any "reviewer" or the members of the forum that the indicator is working. You literally posted a screenshot of the exported data. What does that tell us? Nothing. So how can I or others be sure that the indicator is working???
Now, allow me to finish the work you should have done in the first place.
Here's the screenshot of the pure exported data from the indicator. The exported instrument is GBP-USD:
The highlighted blue cells are of our interest. In other words, the date 22nd of May is what we will be investigating.
For reference, this is the result of my reference points from the same date:
The differences are subtle:
Exported RF: -3
My RF: -5
Exported TFF: 12.39
My TFF: 11.69
FOR ME, THESE DIFFERENCES ARE WORTH LEAVING THE INDICATOR.
The reason is simple, because these subtle differences can artificially skew the Net result of the Flow Analysis.
If you don't care about it, then be my guest in using false data. If you do care about it, then build one. Simple.
Now, I want to address a false claim by JP:
"I am totally aware your method is different in all your calculations."
If you were aware then you should know exactly what I calculate differently. For the record, I calculate ODC's differently, specifically, the distributions in a chronological order. That has nothing to do with the Market Profile Reference Points! ! !
Anyways, for the members of the forum and to the general public, it's important not to trust me, JP or any other person except yourself. Hence, it's wise-fully advised that You do Your Own Tests. If it happens to disprove anybody's claims, then let them know through empirical evidence, not by falsely spreading misinformation.
— Developed by MMQ
- #1,672
- May 26, 2025 2:57pm May 26, 2025 2:57pm
AMVT, Thank you for your prompt answer. However, it seems you misunderstood me totally. I think my expressions are misinterpreted; at least that is how I feel, but that is not what I meant. Let me clarify 4 things here so that we may walk well in the whole journey. So many people had invested generously in this particular forum of this less traveled journey, and most of us are new to it, at least for me. We were trying to complement, argue, and critique even without understanding everything. 1. You said, "If you want to disprove my "fallacy" then...
I'm really sorry I took your response in a negative light. I don't know why... If any of my comments caused any kind of discomfort or offense, I am extremely apologetic. And I mean that from the bottom of my heart.
My intention is never to cause emotional discomfort to anybody, but after seeing your intentions, I take that as a big misjudgment on my part. You were doing the right thing. I was in the wrong for that.
Either way, I hope we can put this behind us and move forward like we have done for the past few weeks. Again really sorry for the post. Hope to see you soon
— Developed by MMQ
