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Auction Market Theory and Market Profile

  • #5,561
  • Apr 28, 2014 11:51am Apr 28, 2014 11:51am
eVolution-histogram 1.7 isn't bad but again it's impossible to choose historic.

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Mp_vl16 seems good but impossible to get historic volume profile.


Can't understand how it's possible to have not a good volume profile for metatrader 4. I mean, it's so simple with market profile/volume profile tools. MT4-Traders spend their time by looking for fkin super_Rsi or whatever instead of understanding and trading value.


I'm getting tired...So, if there is a good coder to developp Volume profile&market profile, send me a private message. I pay.
  • #5,562
  • Apr 28, 2014 12:19pm Apr 28, 2014 12:19pm
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Importance of LVN.

Was a very good day today. Not always like that.

+2,2% on EURUSD short, +0% on NZDUSD (BE)

and a short still in progress on EURJPY.
  • #5,563
  • Apr 28, 2014 12:29pm Apr 28, 2014 12:29pm
Mp_vl16 calculates with M1 data, usually there isn’t so much historical M1 data in MT4 platform, other problem is that MT4 is unable to calculate so much historical data in real time. For second problem probably it is possible any programing solutions to be find. I’m starting to think that trading MP+VP on MT4 is extremely difficult thing.
  • #5,564
  • Apr 28, 2014 12:32pm Apr 28, 2014 12:32pm
Thing is Level Sensor New is able to get 100-days, But, it's TPO like you said.

It sould be the same for VPO, don't you think?

Quote
I’m starting to think that trading MP+VP on MT4 is extremely difficult thing.

same here....
  • #5,565
  • Apr 28, 2014 12:41pm Apr 28, 2014 12:41pm
Short closed on EURJPY. +1.3%
  • #5,566
  • Apr 28, 2014 12:45pm Apr 28, 2014 12:45pm
It’s not the same because for Volume Profile calculation of the volume for each level is more complicated.
1.You have to approximate volume distribution over 1M bar depending of HLOC for the bar.
2.Usualy you don’t calculate Market profile with 1M data, for volume profile it is a must.
There is some other little things and I’m not absolutely sure how to fix this.
  • #5,567
  • Apr 28, 2014 1:00pm Apr 28, 2014 1:00pm
Quoting i_v
It’s not the same because for Volume Profile calculation of the volume for each level is more complicated. 1.You have to approximate volume distribution over 1M bar depending of HLOC for the bar. 2.Usualy you don’t calculate Market profile with 1M data, for volume profile it is a must. There is some other little things and I’m not absolutely sure how to fix this.


Yes, you're right. For TPO, we use bar-30 min (standard) and for Volume profile, tick should be used. There is a huge difference.

I know a very good market profile for MT4 but you have to pay (>200 dollars).

Do you know some volume profile-not free for mt4?

Just to be sure that it's possible to develop it.
  • #5,568
  • Apr 28, 2014 1:21pm Apr 28, 2014 1:21pm
Quoting Beyondprice
{quote} Yes, you're right. For TPO, we use bar-30 min (standard) and for Volume profile, tick should be used. There is a huge difference. I know a very good market profile for MT4 but you have to pay (>200 dollars). Do you know some volume profile-not free for mt4? Just to be sure that it's possible to develop it.

It is unbelievable but I’m not able to found any good MP+VP package. There are some packeges that have something like volume profile but no one has Volume profile+Composit Volume Profile to look like(or i didn''t found it):
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  • #5,569
  • Apr 28, 2014 1:23pm Apr 28, 2014 1:23pm
[quote=Beyondprice;7432909]{quote}I know a very good market profile for MT4 but you have to pay (>200 dollars).


Which one is this?
  • #5,570
  • Apr 28, 2014 1:28pm Apr 28, 2014 1:28pm
http://va-chart.com/acheter-va-c/

French trade who developped a very good work. But it's expansive > 249 E.


Is some one interesting in develop an Volume profile composite base on MP_vl16. Almost perfect but need some modifications like a bigger historic if it's possible...
  • #5,571
  • Apr 28, 2014 1:34pm Apr 28, 2014 1:34pm
By the way is there somebody that will be so kind to share M1 data with VOLUME for few years.
  • #5,572
  • Apr 28, 2014 1:41pm Apr 28, 2014 1:41pm
This French indi looks very good but I think that Frocus’s indi with a little bit more tuning will become very good MP indicator
The problem is with Volume Profile.
  • #5,573
  • Apr 28, 2014 1:53pm Apr 28, 2014 1:53pm
Quoting i_v
This French indi looks very good but I think that Frocus’s indi with a little bit more tuning will become very good MP indicator The problem is with Volume Profile.
Yes no problem with Volume. Will work out the General logic of the program, and to build the profile and on the volume and time.
  • #5,574
  • Apr 28, 2014 1:54pm Apr 28, 2014 1:54pm
Frocus'indi
ri_ay_marketprogfileDVWM1
ri-ay_marketprofil.1.20

are very good, I can trade with them.

Only problem like you say is VP.
  • #5,575
  • Apr 28, 2014 1:57pm Apr 28, 2014 1:57pm
Quoting Frocus
{quote} Yes no problem with Volume. Will work out the General logic of the program, and to build the profile and on the volume and time.
Great. Tell us when you start working on that. I'll help you by explaining some concept/tips.
  • #5,576
  • Apr 28, 2014 2:23pm Apr 28, 2014 2:23pm
Quoting Beyondprice
{quote} Great. Tell us when you start working on that. I'll help you by explaining some concept/tips.
Only problem like you say is VP. - No problem, say that there is no difference on what to do profile.
Work is already underway. Unfortunately, MT4 has changed (in a good way), on the old version I programmed faster. But get used to this. I hope for constructive help.
  • #5,577
  • Apr 28, 2014 2:33pm Apr 28, 2014 2:33pm
This is the stuff i hope to see it and discuss about it here otherwise ......
Q: Go check last 7 days e/u and tell me when aggressive buying start?
Q: what's the day type of E/J?

Hope we share stuff like this to learn from eachother
  • #5,578
  • Apr 28, 2014 2:37pm Apr 28, 2014 2:37pm
When ur daily candle close today can u tell what u see for example e/u?
  • #5,579
  • Apr 28, 2014 2:37pm Apr 28, 2014 2:37pm
Quoting Frocus
{quote} Only problem like you say is VP. - No problem, say that there is no difference on what to do profile. Work is already underway. Unfortunately, MT4 has changed (in a good way), on the old version I programmed faster. But get used to this. I hope for constructive help.
I'm sorry I don't understand because of my English.
  • #5,580
  • Apr 28, 2014 2:42pm Apr 28, 2014 2:42pm
Quote
Q: Go check last 7 days e/u and tell me when aggressive buying start?



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According to me, agressive buying started this morning by buying the Value W-1 (POC-1). There is nothing before because ot the configuration of the last week. It was responsive buying ont Peak-100 days

Quote
Q: what's the day type of E/J?

don't know
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