Auction Market Theory and Market Profile | Page 218 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Auction Market Value Theory & Analytics 1,757 replies

market Theory 101 Supply and Demand,Market Cycles 7 replies

Market Profile And Volume Profile MT5 7 replies

MarketProfile/Volume Profile/Auction Market Theory indi? 17 replies

Market profile trader-Merged profile 0 replies

Attachments: Auction Market Theory and Market Profile
Exit Attachments

Auction Market Theory and Market Profile

  • #4,341
  • Edited 10:29pm Feb 14, 2012 10:02pm | Edited 10:29pm
Quoting Aztrader2
It would be nice to have for MT4 the same merging options as MARKET DELTA...these are really amazing!
To be honest , i have actually use MD for a period of 3 months. I prefer Bandung's indi then MD's. Of coz in MD, a context menu is provided on each profile to either split or merge, etc. But usabilty wise Bandung's indi is fairly easy & most importantly fast.

But of coz MD have a dynamic profiling feature which one can slice & dice over a given choice of period by clicking a range of time period u wish to profile, over a chart, which in a sense provides a clinical way to profile each range of your choice which do improve accuracy somewhat...
  • #4,342
  • Feb 14, 2012 10:28pm Feb 14, 2012 10:28pm
Quoting Evak
Yearly composite profile of 1-5;6-8,9 showing minimum overlapping VA with price about 1/4 off the VAL of the 1-5 years. I posted this b4 when Bundang just release this merge indi but now i added the earlier years to check for overlapping...
interesting. value in an uptrend with VA's and controls progressing higher. Yet price in a down trend with lower highs and lower lows.
Change is the only constant
  • #4,343
  • Feb 14, 2012 10:37pm Feb 14, 2012 10:37pm
ES is now back onto last year high. Primarily it has remain unchanged since bouncing off the 2010 control. Notice last year (2011) profile still lacking of an upper development for a more balance symmetry. Assuming it will still remain unchg, then potential would be to trade back up to the 2007 control & reverse back down towards 2010 VAL...

ES yearly profile (no merge)
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_07 Feb. 15 12.31.gif Size: 23 KB
  • #4,344
  • Feb 15, 2012 9:22am Feb 15, 2012 9:22am
I short this trade at the current range VAH. now Price rotates back into below VAL with increase in volume seen during pre NY....shd be time to reverse soon...

Daily Merge of 0-1;2-5;6-14;15-17
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_16 Feb. 15 23.25.gif Size: 24 KB
Attached Image
  • #4,345
  • Feb 15, 2012 11:04am Feb 15, 2012 11:04am
Quoting Evak
I short this trade at the current range VAH. now Price rotates back into below VAL with increase in volume seen during pre NY....shd be time to reverse soon...

Daily Merge of 0-1;2-5;6-14;15-17
Attachment
nice merge and pips there kave...

i got a cute little box.. on v1.31 no more delete label or create label for merging/splitting, all you have to do is choose a command from the dropdown, add profile number and press enter..

will be released on next one/two days ...
Attached Image (click to enlarge)
Click to Enlarge Name: cute-little-box.png Size: 42 KB
...
  • #4,346
  • Feb 15, 2012 11:33am Feb 15, 2012 11:33am
Quoting bandung
nice merge and pips there kave...

i got a cute little box.. on v1.31 no more delete label or create label for merging/splitting, all you have to do is choose a command from the dropdown, add profile number and press enter..

will be released on next one/two days ...
Still Goodies to Come from the Indi King....
Gr8 effort & Of.coz Thanks..

regards
If it was easy, everyone would do it.
  • #4,347
  • Feb 15, 2012 11:44am Feb 15, 2012 11:44am
All Sessions OTF Down.. Bias is -ve..
EU News Has thrown "EU" in Air Iam Out Unable to see any PA relating to references.. Better go Sleep (India Time)..
If it was easy, everyone would do it.
  • #4,348
  • Feb 15, 2012 12:55pm Feb 15, 2012 12:55pm
Quoting bandung
nice merge and pips there kave...

i got a cute little box.. on v1.31 no more delete label or create label for merging/splitting, all you have to do is choose a command from the dropdown, add profile number and press enter..

will be released on next one/two days ...

WOW........
  • #4,349
  • Edited Feb 16, 2012 12:31am Feb 15, 2012 5:43pm | Edited Feb 16, 2012 12:31am
Hi to all,

I was lookin @ this chart of EU from Netdania... it shows (I think) cumulative volumes from forex market (also if is tick volume, we are speaking of millions....)
So, I noticed lower volume yesterday....
Can anyone tell if it has some significance, relating it to yesterady's profile?


Anyway... I'm long from 1.3060.... (VAL of last 15 days merge...)


EDIT: Not a good idea....

Thanks!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15merge.jpg Size: 78 KB
Click to Enlarge Name: Netdania.jpg Size: 165 KB
  • #4,350
  • Edited 7:31pm Feb 15, 2012 7:17pm | Edited 7:31pm
Quoting Aztrader2
Hi to all,

I was lookin @ this chart of EU from Netdania... it shows (I think) cumulative volumes from forex market (also if is tick volume, we are speaking of millions....)
So, I noticed lower volume yesterday....
Can anyone tell if it has some significance, relating it to yesterady's profile?


Anyway... I'm long from 1.3060.... (VAL of last 15 days merge...)

Thanks!
I believe I actually took the time to RE-READ the the thread in order to provide you a link to the that info. and when all else fails Read a book......and if you cant do that use the index........ then again, you can always wait for for someone else to do it for you......

Mind over markets INDEX
Volume
concentrations, 142,159-160
dispersion analysis, 137-139
high and low volume areas, 159-173
long term relationships, 193,198
relative to value area width, 198,201-204
tick, 162
total, 136
use in measuring directional performance, 188
Volume value-area calculation, 331-332
Index 345
Markets are not efficient, rather they are effective - Jones
  • #4,351
  • Feb 15, 2012 7:36pm Feb 15, 2012 7:36pm
here's a different look at EU, with merge and split profile. didn't get my long from Tuesday closed at the best time, but still took a few pips.

US electronic session (pre 9:30AM) at first looked like a break back to VAL in J and K periods (circled) after london failed a previous merge (days 8-19) VAH , but the remainder of the NY session saw initiative selling IMO below 3080 (previous merge VAL). Not the time to be long at the moment IMO.

Similarly, ES played out with the fakeout on the high. rotation should start down.

unfortunately i'll be away form the computer the rest of hte week, good luck to all.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2012-02-15 at 8.28.17 PM.png Size: 113 KB
Change is the only constant
  • #4,352
  • Feb 15, 2012 10:29pm Feb 15, 2012 10:29pm
Quoting santoshdts
Request:
Can you please tell me how to spilt profiles in TPOchart.V.1.30

ThanX.
http://www.forexfactory.com/showthre...52#post5310452
Change is the only constant
  • #4,353
  • Feb 15, 2012 10:36pm Feb 15, 2012 10:36pm
Thanks. for the link
If it was easy, everyone would do it.
  • #4,354
  • Feb 15, 2012 11:19pm Feb 15, 2012 11:19pm
Quoting mzvega
The pink line is the yearly open for reference. Just as the 24h open, I find price in relation to the yearly open just as informative. I would like to think a test may be in order, but that could also be wishful thinking...........
Claudia, looks like your wish may come true. monthly profiles merged as follows: 0-2;3-5;6-10;11-16.

EU now below current range control (1.3060). next lower ledge is around 1.2940, very close to yearly open.

notice however that hte gap between this current VA and the previous compared to the one before. The gap is smaller. i wonder if that could be signaling of a fading downward move (in the long term)?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2012-02-16 at 12.14.30 AM.png Size: 26 KB
Change is the only constant
  • #4,355
  • Feb 15, 2012 11:51pm Feb 15, 2012 11:51pm
  •  s7c
  • | Joined Mar 2011 | Status: try and fail but don't fail to try | 289 Posts
Quoting tgwhbb
Claudia, looks like your wish may come true. monthly profiles merged as follows: 0-2;3-5;6-10;11-16.

EU now below current range control (1.3060). next lower ledge is around 1.2940, very close to yearly open.

notice however that hte gap between this current VA and the previous compared to the one before. The gap is smaller. i wonder if that could be signaling of a fading downward move (in the long term)?
nice analysis, by the way from where do you get the data feed into MT4? the only broker i know for that is broco...
  • #4,356
  • Feb 15, 2012 11:54pm Feb 15, 2012 11:54pm
Quoting bandung

i got a cute little box.. on v1.31, no more delete label or create label for merging/splitting, all you have to do is choose a command from the dropdown, add profile number and press enter..

will be released on next one/two days ...
http://www.forexfactory.com/attachme...1&d=1329325441

guys, here it is, ay-TPOChartV1.31
prerequisites :

  1. vc++ 2010 runtime, download it from here
  2. lucida sans typewriter font, download it from here
  3. and maybe visual basic 6 runtime, but I think all windows xp and above already had it installed.

Attached File(s)
File Type: rar ay-TPOChart.v1.31.rar   88 KB | 2,574 downloads
...
  • #4,357
  • Edited 12:52am Feb 16, 2012 12:11am | Edited 12:52am
  •  s7c
  • | Joined Mar 2011 | Status: try and fail but don't fail to try | 289 Posts
k, somehow i managed to have a bad week till at the moment. the good part is with the time this weeks are present less often, not enough for now though...

regarding the EU we should trigger the attention of long term traders, the price getting to test the last month VAH and it got below last week's low. being below last 2 weeks value area and at this point just got rejected by 3 weeks ago POC.
all this could mean something but as mzvega pointed it failed to breached the VAL from 2 days ago and last frankfurt session failed to auction above VAH as i think evak noted. london braked last day's low showing the short trend traders presence but NY failed extend lower but moved the POC and value lower, so on daily profile implies more a bearish sentiment.
i would have liked to see tokyo auctioned up and reevaluate at a reference point but now we have a poor low...by the way we extend the WIB on the down side.
ideas?

edit: if this move it will continue proving the lack of responsive buyers and the brake down of last month VAH it will be confirmed, can we think the move is controled by long term sellers and we have as target the last month POC or VAL? of course all this without merged profiles...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 146 KB
  • #4,358
  • Feb 16, 2012 1:16am Feb 16, 2012 1:16am
Quoting mzvega
I believe I actually took the time to RE-READ the the thread in order to provide you a link to the that info. and when all else fails Read a book......and if you cant do that use the index........ then again, you can always wait for for someone else to do it for you......

Mind over markets INDEX
Volume
concentrations, 142,159-160
dispersion analysis, 137-139
high and low volume areas, 159-173
long term relationships, 193,198
relative to value area width, 198,201-204
tick, 162
total, 136
use in measuring directional performance, 188
Volume...

Ok,
I can't stand it anymore....
Nobody ever treated me this way. Each time you reply you do so sour and snooty.
Where does all this arrogance? What brought you the life to become like this?
Who the f... you think you are?
I tried to explain my reasons in a p.m., but you did not even deign to reply. If you do not like what I write here, you are not obliged to answer, taking you laughed at me and treating me like an idiot!
After all I was not asking to you, and this is not your thread....!
Other people here are far more kind than you, and tells me where and if I'm wrong....

I repeat it here: I know I'm a newbie... I'm trying to learn....I'm studying, I'm reading, I'm listening to suggested webinars and so on..... An enormous amount of information to digest, all in a foreign language (so I make a double effort) and somethimes I'd like to have a feedback to see if I've understood something or made a good/bad reasoning.
Dalton itself says repeatedly that the only way to really understand the market and the mental vision of it is practice....
E.g. if I believe to see a pattern or anything else.... I ask..... can't I do that?

What is the spirit of a thread? To show just how good trader are you? Or to discuss and help each other?
If you're such a good trader to watch me down with disgusted...WTF ARE YOU WASTING YOUR PRECIOUS TIME HERE IN FF, INSTEAD OF MAKIN BILLIONS DOLLARS SIPPING CHAMPAGNE UNDER A PALM TREE?
  • #4,359
  • Feb 16, 2012 1:52am Feb 16, 2012 1:52am
  •  s7c
  • | Joined Mar 2011 | Status: try and fail but don't fail to try | 289 Posts
Quoting Aztrader2
Ok,
I can't stand it anymore....
Nobody ever treated me this way. Each time you reply you do so sour and snooty.
Where does all this arrogance? What brought you the life to become like this?
Who the f... you think you are?
I tried to explain my reasons in a p.m., but you did not even deign to reply. If you do not like what I write here, you are not obliged to answer, taking you laughed at me and treating me like an idiot!
After all I was not asking to you, and this is not your thread....!
Other people here are far more kind...
man not sure what happened and what upset you, but i know with this attitude your the only one who has something to lose. from here seems like she helped you. maybe you're trying to assimilate allot of information in a small amount of time. not sure why you're not trying to digest this information and take your time for this, the market doesn't go anywhere.
anyway, this is not the solution. good luck...
  • #4,360
  • Feb 16, 2012 1:57am Feb 16, 2012 1:57am
Quoting s7c
man not sure what happened and what upset you, but i know with this attitude your the only one who has something to lose. from here seems like she helped you. maybe you're trying to assimilate allot of information in a small amount of time. not sure why you're not trying to digest this information and take your time for this, the market doesn't go anywhere.
anyway, this is not the solution. good luck...
So, in this thread is forbidden making some questions? Does it automatically means that one is an idiot who's not doing thinghs in the right way? Does it give others the right to treat me like a moron?
29 traders viewing now