Too much info trying to learn about it but very good tool
Hope to see more activity on this thread
Hope to see more activity on this thread
Auction Market Theory and Market Profile
- #5,522
- Apr 26, 2014 5:07am Apr 26, 2014 5:07am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Too much info trying to learn about it but very good tool Hope to see more activity on this thread
Inserted Video
- #5,524
- Edited 10:08am Apr 26, 2014 9:53am | Edited 10:08am
- Joined Apr 2012 | Status: Trader | 8,327 Posts
{quote} I will try to answer: 1. Please. 2. last 2 periods seem not to upgrade live. Currently I can visualize the last US session without the last two periods; - further, I am stupid, I need pictures. ...
- On a M30 chart IB does not work properly if IBTf=H1 and IBNumBars=1. To let it work properly you have to set IBTf=30M and IBNumBars=2;
- On a M30 Chart (the only one I'm testing) the last 2 periods of the current session do not upgrade live: they simply do not appear on the chart, also when the session ends;
- On a M30 chart the TPO/VPO info panel does not include informations of a portion of the day, why?;
- In the same situations some TPO VPO numbers overlapped one each other;
- On a M30 chart the INFO panels show wrong, non sense data;
- The splitted sessions present identical iNFO panels;
- Info panels overlap the profiles, making them unreadable;
- On a M30 chart the IDB (that is the 1st extension up and down of the session IB) is on, then it covers the IB bar, making it unreadable;
- It might be better to create parallel lines up and down to show the IB extensions. Plus, it is better if you could choose number of extensions (1, 2, 3...) and the possibility to extend them as support resistence (as poc actually could do);
I add the current template used for testing on a M30 chart, so you can evaluate the settings. I'm using dst off on any session. And there is something strange on the session3. In order to show letters from A to R (so from 14:00 to 23:00) I have to set "close USA" to 23:30 instead of 23:00. Other sessions seem to work fine.
USA session letters should currently be as follows, 18 periods for 18 letters:
- A 14:00
- B 14:30
- C 15:00
- D 15:30
- E 16:00
- F 16:30
- G 17:00
- H 17:30
- I 18:00
- J 18:30
- K 19:00
- L 19:30
- M 20:00
- N 20:30
- O 21:00
- P 21:30
- Q 22:00
- R 22:30
Regards
Ubi maior minor cessat
- #5,525
- Apr 26, 2014 10:18am Apr 26, 2014 10:18am
- Joined Apr 2012 | Status: Trader | 8,327 Posts
About the splitted periods of the last session (or of a certain numbers of sessions at will) this was present both in the 1.32 and 1.20 Bandung versions. It is a required feature. Sorry if it was not clear. Plus, to a better visualization, periods should show open and close dynamic "marks" like below:
you can use this part of the 120 code as a initial hint:
//--separated letters aka split profile
if (ShowSplitProfile && ( iday<SplitProfileNumDays||bcurrsession) )
{
int x = maxtpo + (mpletter[step][j]*2) + 4;
createText( "#" + iday + ".1.2.#" + ises + ".barletter." + step + "-" + mpletter[step][j]
, Time[sbprofile - x]
, mpdata[ step ][MP_PRICE]
, letter
, MPLFONTSIZE-3, MPLFONTNAME, lettercolor
);
openp = gdaRates[ sbdatatf - mpletter[step][j] ][_OPEN];
closep = gdaRates[ sbdatatf - mpletter[step][j] ][_CLOSE];
if ( openp <= mpdata[ step ][MP_PRICE]
&& openp > mpdata[ step ][MP_PRICE] - (giStep*gdOneTick)
)
{
createText( "#" + iday + ".1.1.#" + ises + ".barletter.openp." + mpletter[step][j]
, Time[sbprofile - x ]
, mpdata[ step ][MP_PRICE]
, "Ø "
, MPLFONTSIZE-3, "Wingdings", lettercolor
);
}
if ( closep <= mpdata[ step ][MP_PRICE]
&& closep > mpdata[ step ][MP_PRICE] - (giStep*gdOneTick)
)
{
createText( "#" + iday + ".1.1.#" + ises + ".barletter.closep." + mpletter[step][j]
, Time[sbprofile - x ]
, mpdata[ step ][MP_PRICE]
, " ×" //" `" //" º"
, MPLFONTSIZE-3, "Wingdings", OpenCloseColor
);
you can use this part of the 120 code as a initial hint:
//--separated letters aka split profile
if (ShowSplitProfile && ( iday<SplitProfileNumDays||bcurrsession) )
{
int x = maxtpo + (mpletter[step][j]*2) + 4;
createText( "#" + iday + ".1.2.#" + ises + ".barletter." + step + "-" + mpletter[step][j]
, Time[sbprofile - x]
, mpdata[ step ][MP_PRICE]
, letter
, MPLFONTSIZE-3, MPLFONTNAME, lettercolor
);
openp = gdaRates[ sbdatatf - mpletter[step][j] ][_OPEN];
closep = gdaRates[ sbdatatf - mpletter[step][j] ][_CLOSE];
if ( openp <= mpdata[ step ][MP_PRICE]
&& openp > mpdata[ step ][MP_PRICE] - (giStep*gdOneTick)
)
{
createText( "#" + iday + ".1.1.#" + ises + ".barletter.openp." + mpletter[step][j]
, Time[sbprofile - x ]
, mpdata[ step ][MP_PRICE]
, "Ø "
, MPLFONTSIZE-3, "Wingdings", lettercolor
);
}
if ( closep <= mpdata[ step ][MP_PRICE]
&& closep > mpdata[ step ][MP_PRICE] - (giStep*gdOneTick)
)
{
createText( "#" + iday + ".1.1.#" + ises + ".barletter.closep." + mpletter[step][j]
, Time[sbprofile - x ]
, mpdata[ step ][MP_PRICE]
, " ×" //" `" //" º"
, MPLFONTSIZE-3, "Wingdings", OpenCloseColor
);
Ubi maior minor cessat
- #5,526
- Apr 26, 2014 10:36am Apr 26, 2014 10:36am
- Joined Apr 2012 | Status: Trader | 8,327 Posts
Ubi maior minor cessat
- #5,527
- Apr 26, 2014 10:48am Apr 26, 2014 10:48am
- Joined Apr 2012 | Status: Trader | 8,327 Posts
Ubi maior minor cessat
- #5,530
- Apr 26, 2014 12:13pm Apr 26, 2014 12:13pm
- | Additional Username | Joined Jul 2013 | 129 Posts
Debating with a volume profiler is a waste of time because his outlook is totally different from mp/amvt trader
LOL
Do not be stupid, please. I'm waiting your point, we are not debating at all.
Time*Price = Value, right.
But if you understand what is auction market theory, you understand time = volume (not always and it's the problem). When price is in bracket (balanced area), what does it mean? It means that value is accepted by both markets participants > Conclusion of this meaning? > There are many transactions, so guess what?
Volumes are important.
When price is in bracket > High Volume > HVN / When price long squeezes or short squeezes > Low volume > Low volume nodes
But YOU do not agree with that? So who are you? I'm asking. Maybe you should listen when the father of Market Profile explains that Volume profile is better than Market profile, don't you thinK?
Do you understand what is auction market process? No, you don't.
Where is the auction process with a fake-poc? Nowhere.
- #5,532
- Edited 3:14pm Apr 26, 2014 2:52pm | Edited 3:14pm
- Joined Apr 2012 | Status: Trader | 8,327 Posts
I can't install ay-mpXXX indicators... Does anybode know why? Thank you.
All the others do not work anymore. But u could also use the +TPO.mq4 and +TPO-Range.mq4 (about +TPO-Range.mq4 I suggest you to change the code to 30M as data timeframe on line 12 int DataPeriod = 30; in this way you can use more history data like 20 or more years for the merged profiles)
Regards
Ubi maior minor cessat
- #5,533
- Apr 26, 2014 3:08pm Apr 26, 2014 3:08pm
- Joined Apr 2012 | Status: Trader | 8,327 Posts
Ubi maior minor cessat
- #5,535
- Apr 26, 2014 7:01pm Apr 26, 2014 7:01pm
- Joined Apr 2012 | Status: Trader | 8,327 Posts
Ubi maior minor cessat
- #5,539
- Apr 27, 2014 12:41pm Apr 27, 2014 12:41pm
- | Joined Jan 2013 | Status: Live the dream.... | 1,153 Posts
