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Auction Market Theory and Market Profile

  • #2,081
  • Apr 26, 2011 3:34pm Apr 26, 2011 3:34pm
Quoting mzvega

Different subject:
Also, do you have any suguestions on how I can copy tpo info. and possibly paste it somewhere else. I cant find the data stored in the data window. Do you know where I could find the fulls day's tpo#'s Or is this one of those things I have to manually do. Trying to wait for end of day, all the info diappears in an instant & starts fresh. Maybe a screen shot of it at the close?
As far as I can tell, I haven't figured out where Bandung stored the total TPO count. I was asking about that a bit ago because I wanted the total TPO count and TPO count above/below the control point to plug into the data.

Haven't heard back yet. Remember, I'm not a programmer by nature. I've been reverse-engineering everything so far.
  • #2,082
  • Apr 26, 2011 3:35pm Apr 26, 2011 3:35pm
Quoting Bilstein
Strange that it isn't working. I included all the files in the zip except the 7bit tick which Bandung mentioned isn't necessary as all it does is force a tick when the market is closed or slow. I don't even use it. Here's a snapshot:
also deleted the old version and reloaded 1.01 and it now loads on my charts. But ModeLetter = true does not work, the histogram remains...some more debugging to do later i guess.
Change is the only constant
  • #2,083
  • Apr 26, 2011 3:38pm Apr 26, 2011 3:38pm
Quoting tgwhbb
also deleted the old version and reloaded 1.01 and it now loads on my charts. But ModeLetter = true does not work, the histogram remains...some more debugging to do later i guess.
I had the same issue at first. Changing the settings via the indicator window doesn't work. You have to click the buttons. In the cornor of your chart is the control panel. Delete the number 1 circle and refresh the chart (or when a new tick comes in, it will refresh itself). Then you should be good.
  • #2,084
  • Apr 26, 2011 3:46pm Apr 26, 2011 3:46pm
Quoting Bilstein
I had the same issue at first. Changing the settings via the indicator window doesn't work. You have to click the buttons. In the cornor of your chart is the control panel. Delete the number 1 circle and refresh the chart (or when a new tick comes in, it will refresh itself). Then you should be good.
ah yes! there we go! now to figure out what's up with my fonts...the circles are not circles...

and any way to get rid of the lines on the TPO/VPO list?

EDIT: just noticed the RF and QClose values in the info above the profile changes beased on the TF the chart is on. Is that expected?
Attached Image
Change is the only constant
  • #2,085
  • Apr 26, 2011 3:46pm Apr 26, 2011 3:46pm
Quoting Bilstein
Lemme know if it works!
I don't like half-assing stuff so I'm more than happy to help till it's all right for you!
Beautiful! I only started recording data at the first of the year, now I can go back even further! Thanx!
Markets are not efficient, rather they are effective - Jones
  • #2,086
  • Apr 26, 2011 3:56pm Apr 26, 2011 3:56pm
Quoting tgwhbb
ah yes! there we go! now to figure out what's up with my fonts...the circles are not circles...

and any way to get rid of the lines on the TPO/VPO list?

EDIT: just noticed the RF and QClose values in the info above the profile changes beased on the TF the chart is on. Is that expected?
The font for the circles is Webdings - Bandung set it up that way, if you search the code in Metaeditor for Webdings you can probably change it to whatever you like. I'd find it simpler to just DL the font, lol.

The lines? I'm sure I could get rid of them but that would involve some more chopping at the code.

Yes, the Qclose and RF values will change according to the time frame you're looking at. It will show you the RF and QC values for whatever size profile you look at

Edit* I see what you mean, yes, the RF will calculate the values on any time frame starting from the beginning of the day. I typically leave it at 30 minutes so the indicator will assign values based on 30m bars in the day. If you change it to 5m it will count them based on 5m bars in the day.
  • #2,087
  • Apr 26, 2011 4:00pm Apr 26, 2011 4:00pm
Quoting Bilstein
As far as I can tell, I haven't figured out where Bandung stored the total TPO count. I was asking about that a bit ago because I wanted the total TPO count and TPO count above/below the control point to plug into the data.

Haven't heard back yet. Remember, I'm not a programmer by nature. I've been reverse-engineering everything so far.

Oh, that would be too perfect! If I have any ideas Ill be sure to share. From other indi's ive used data is often stored on a .xls or .txt (or some type of) file some where in the "File" (Crogram Files (x86)Interbank Fxexpertsfiles) folder. Im no programmer, either. I cant figure it out. Thanx for the reply!
Markets are not efficient, rather they are effective - Jones
  • #2,088
  • Apr 26, 2011 4:04pm Apr 26, 2011 4:04pm
Quoting Bilstein
The font for the circles is Webdings - Bandung set it up that way, if you search the code in Metaeditor for Webdings you can probably change it to whatever you like. I'd find it simpler to just DL the font, lol.

The lines? I'm sure I could get rid of them but that would involve some more chopping at the code.

Yes, the Qclose and RF values will change according to the time frame you're looking at. It will show you the RF and QC values for whatever size profile you look at

Edit* I see what you mean, yes, the RF will calculate the values...

thanks for clarifying the RF factor. re-installed the webdings font and the circles now appear...not the first time i've had font issues...i guess that's something i have to live with for running MT4 on my Macbook via wine (no need for a windows VM)
Change is the only constant
  • #2,089
  • Apr 26, 2011 4:06pm Apr 26, 2011 4:06pm
Just to reaffirm yes, if you change the time frame of your chart from 30 min to anything else) the rotational factor value will change. The reason is because it assigns the rotational value by bars passed sine the beginning of the day (whatever your day start hour is). Market Profile is designed for 30 min charts so I just leave the background chart set to 30m but if you look at 1 hour or 4 hour the indicator will count the RF based on those bars. There are less 4 hour bars in a day than 30 min bars so the RF will be different. Same thing if you're looking at a 5 min chart with the profile. There are several more 5 min bars in the day than 30 min bars so you'll wind up with a different RF. The Qclose is based on the high, low, and close so it will stay the same unless you change the time frame of the profile.
  • #2,090
  • Apr 26, 2011 4:06pm Apr 26, 2011 4:06pm
quick question - how do you get virgin POC's to display in the TPO chart?

Thanks in advance.
  • #2,091
  • Apr 26, 2011 4:10pm Apr 26, 2011 4:10pm
The indicator displays POCs for as many days back as you set the look back value. Example: I set my look back to 14 days so I can see POC's for 14 days.
  • #2,092
  • Apr 26, 2011 4:13pm Apr 26, 2011 4:13pm
Quoting Bilstein
The indicator displays POCs for as many days back as you set the look back value. Example: I set my look back to 14 days so I can see POC's for 14 days.
right i can see the POC's just fine - but I was wondering if this version shows virgin POC's (untouched) like the ay-MarketProfile indi does.
  • #2,093
  • Apr 26, 2011 4:15pm Apr 26, 2011 4:15pm
Quoting enochben
right i can see the POC's just fine - but I was wondering if this version shows virgin POC's (untouched) like the ay-MarketProfile indi does.
I would think that you can see if a POC is touched just by moving the chart around. Bandung coded the indicator so I dunno if he had VPOC's in mind when he coded it. Given that a VPOC is a POC that hasn't been touched since it was formed, I would imagine one could easily see that just by zooming out or dragging the chart from left to right and looking at passed profiles.

But in terms of having it hard coded in, Bandung would be the man to ask about that.
  • #2,094
  • Apr 26, 2011 4:17pm Apr 26, 2011 4:17pm
Quoting enochben
quick question - how do you get virgin POC's to display in the TPO chart?

Thanks in advance.
I think those are generated with an additional indicator.
Markets are not efficient, rather they are effective - Jones
  • #2,095
  • Apr 26, 2011 4:18pm Apr 26, 2011 4:18pm
I have to go run some errands. I hope everyone's profile data is working well, if not just post it here, be patient and I'll help in any way I can!
  • #2,096
  • Apr 26, 2011 4:20pm Apr 26, 2011 4:20pm
Quoting Bilstein
I have to go run some errands. I hope everyone's profile data is working well, if not just post it here, be patient and I'll help in any way I can!
Your help & input much appreciated!
Markets are not efficient, rather they are effective - Jones
  • #2,097
  • Apr 26, 2011 4:24pm Apr 26, 2011 4:24pm
Quoting tgwhbb
hello everyone! back from vacation, and it looks like I missed quite a week last week...almost 500 pips range, wow!

weekly profiles still looking bullish with no overlapping VA's in the last few weeks. Monthly profile also looking bullish with increasing value and no overlapping VA yet either. It will be interesting to see where we close on Friday (month's end) as EU is currently above April's VAH. My target is still 1.47 which is looking quite realistic this week, but i'm thinking a bounce around 1.45 tomorrow to set the weekly IB low will come...
Great to see you back! Missed your analysis!
Markets are not efficient, rather they are effective - Jones
  • #2,098
  • Apr 26, 2011 5:22pm Apr 26, 2011 5:22pm
Quoting mzvega
Great to see you back! Missed your analysis!
good to be back in front of the charts! although the weather here sucks compared to the caribbean last week

while still 2 hours left in the day, it looks like EU is going to have a weekly IB of 164 pips. That is narrower than last week's 250, but greater than the ~110 average from previous weeks. per my previous post 1.45 was hit along with my buy limit at 1.4510 overnight. Closed that one prior to NY opening as NY yesterday brought value down and thought maybe the same today was going to happen. but alas NY brought value up to price so still bullish IMO.

However, apparently there's talk of a US rate hike, and we're close to 1.47 which is the long term HVN so a new long is risky IMO as i'd expect to see a bounce at 1.47

Well, when i started writing the post, EU was around 4650...and when I finished writing the above it hit 1.47...given the time of day it smells like a fake up move...
Change is the only constant
  • #2,099
  • Apr 26, 2011 5:32pm Apr 26, 2011 5:32pm
Quoting mzvega
Again, thank you! I know youll be on vacation, but on your return might you consider the possibility of tracking the IB volumes & avg?(First hours volume) Just like you have it now for the range? Since, I trade FX on a per session basis, I think the IB vol. per session could be informative, especially at that "overnight inventory" shift. That shift in volume at the sessions open and close could be informative, IMO.
Re: http://www.forexfactory.com/showpost...postcount=1936

I was was hoping to run an idea of vol. for your IB indi. Might it be possible? Or could you give me some tips to figure it out?
Markets are not efficient, rather they are effective - Jones
  • #2,100
  • Apr 26, 2011 5:35pm Apr 26, 2011 5:35pm
My wife says she'll never make another call so her 1.4495 buy call can be her best call ever.
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