Auction Market Theory and Market Profile | Page 282 | 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

  • #5,621
  • Apr 29, 2014 1:26pm Apr 29, 2014 1:26pm
http://my.clusterdelta.com/volumeprofile_mt4

Cluster_delta Volume profle
  • #5,622
  • Apr 29, 2014 1:55pm Apr 29, 2014 1:55pm
Quoting Beyondprice
I've to say that Cluster_VP is really good. Russians guys do good things for retail trading as always. There are many TPO-profiles. It's enough. About VP, 2 things : 1) CME's data is tradable. We can use it for spot. If it's the case, Cluster_Delta is perfect. 2) CME's data isn't good enough for Fx spot. It'll be more complicated bcs have to choose a data provider. Sierra Chart and Ninja Trader provide FXCM's data for FX. A solution would be to provide FXCM's data like Cluster provides CME's data. Now, I have exactly same tools on MT4 and TS2. I've...
Totally agree with you about Cluster_VP. I have long used their indicators. And he made modifications. Also was the calculation of the COT. Here's my publication. http://forum.clusterdelta.com/showth...A1%D0%9E%D0%A2

All what you say about volume I completely agree. But... Everything is so highly correlated, that makes no sense to pay money for information about the volume of exchanges. Unless of course you're not sell futures, and Forex.

This indicator I do without stops. The calculation of the profile will switch to TPO and the Volume. As you like. You will still be connected the real volumes of CME, for example from Claster Delta.
  • #5,623
  • Apr 29, 2014 2:13pm Apr 29, 2014 2:13pm
Quote
All what you say about volume I completely agree. But... Everything is so highly correlated, that makes no sense to pay money for information about the volume of exchanges. Unless of course you're not sell futures, and Forex.

This indicator I do without stops. The calculation of the profile will switch to TPO and the Volume. As you like. You will still be connected the real volumes of CME, for example from Claster Delta.

Sounds great, thank you.
  • #5,624
  • Apr 29, 2014 2:15pm Apr 29, 2014 2:15pm
Can't read russian. But I've to learn more about COT.

How is trading popular in Russia? You're making a lot of great things for retail.
  • #5,625
  • Apr 29, 2014 2:50pm Apr 29, 2014 2:50pm
Quoting Beyondprice
Can't read russian. But I've to learn more about COT. How is trading popular in Russia? You're making a lot of great things for retail.
http://www.ireallytrade.com/cotreport.html

How is trading popular in Russia? - No... But I have studied.
  • #5,626
  • Apr 29, 2014 3:19pm Apr 29, 2014 3:19pm
Ok. Thank you for the link.

Attached Image (click to enlarge)
Click to Enlarge Name: screen.PNG Size: 87 KB


There will be maybe a buying opportunity on EU.
  • #5,627
  • Apr 29, 2014 3:27pm Apr 29, 2014 3:27pm
Attached Image (click to enlarge)
Click to Enlarge Name: screen.PNG Size: 79 KB



It's not the best configuration to buy. I'd like a bullish movement tomorrow in order to get balanced week.

For now, we're neutral-bearish, looking for buy isn't the better idea as consequent.

But as you can see there was a good buying entry on the first LVN 100 days for those who trade asian session. It's the low of the day.

It's was good entry below VAL-1 and below the Monthly Value.

On Marketscope, I had a peak on VP-100 days :

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 27 KB


There is a huge difference so. It will be interesting to look if CME's DATA > Broker's data, but I can say broker's data is enough to make money on fx spot.
  • #5,628
  • Apr 30, 2014 4:13am Apr 30, 2014 4:13am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 100 KB


I took the trade on LVN-100 days.

I didn't take in real because I didn't have any level with volume spot's data. In this case, only CME's data provides a real good trade as you can see.

Be careful with news flow.
  • #5,629
  • Apr 30, 2014 4:38am Apr 30, 2014 4:38am
Quoting Beyondprice
{quote} No, no! Even Steidlmayer says that Volume profile is better than TPO profile. http://www.cmegroup.com/education/st...ips-video.html Actually, there are just some no-brain-senors-members who do not understand what is auction market theory and who do not agree with us.

Hi Beyondprice,

I was solely referring to the "lookback" period of the profiles.

For me, it is out of question that volume profiles are much better.



Thank you for the video link.
  • #5,630
  • Apr 30, 2014 4:49am Apr 30, 2014 4:49am
I just read, that Steidlmeyer now splits the profiles in distributions, instead using fixed amounts of time. Much better approach....
  • #5,631
  • Apr 30, 2014 5:19am Apr 30, 2014 5:19am
Quoting infinitus
I just read, that Steidlmeyer now splits the profiles in distributions, instead using fixed amounts of time. Much better approach....
Your eyes will open for new world I felt the same
BTW How do u know this thread
  • #5,632
  • Apr 30, 2014 6:00am Apr 30, 2014 6:00am
eVOlution-dvoid seems better than Clusterdelta_volume

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 90 KB
  • #5,633
  • Apr 30, 2014 8:11am Apr 30, 2014 8:11am
Quoting egkid
{quote} Your eyes will open for new world I felt the same BTW How do u know this thread
Hi Egkid,

I know this thread for quite a while :-)

Maybe you have already noticed, that I show volume profiles now for many month.

My solution for starting point of a volume distribution is very different from what others do. I use a fractal approach on multi time frame. Furthermore, my volume profiles are synchronized to the lookback period of my Murrey Math.
  • #5,634
  • Apr 30, 2014 8:24am Apr 30, 2014 8:24am
Quoting infinitus
{quote} Hi Egkid, I know this thread for quite a while :-) Maybe you have already noticed, that I show volume profiles now for many month. My solution for starting point of a volume distribution is very different from what others do. I use a fractal approach on multi time frame. Furthermore, my volume profiles are synchronized to the lookback period of my Murrey Math.
My solution was different
  • #5,635
  • Apr 30, 2014 8:32am Apr 30, 2014 8:32am
Quoting Mad Russian
{quote} My solution was different
Hey hey, a rare guest

What is up, Mad?


And the solution is?
  • #5,636
  • Apr 30, 2014 8:50am Apr 30, 2014 8:50am
Quoting infinitus
{quote} Hey hey, a rare guest What is up, Mad? And the solution is?
Hi Infinitus IM here every day everywhere , keeping my eye on you guys , making sure everything alright ,looks like our friend SHIK gave up?
  • #5,637
  • Edited 9:41am Apr 30, 2014 8:56am | Edited 9:41am
Quoting infinitus
{quote} Hey hey, a rare guest What is up, Mad? And the solution is?
waiting on 9205 and lower maybe
  • #5,638
  • Apr 30, 2014 8:56am Apr 30, 2014 8:56am
Quoting Mad Russian
{quote} Hi Infinitus IM here every day everywhere , keeping my eye on you guys , making sure everything alright ,looks like our friend SHIK gave up?
Hi Mad,

will PM you in a few minutes....
  • #5,639
  • May 2, 2014 6:02am May 2, 2014 6:02am
Quoting Lock
{quote} Hi Frocus, hi everyone, attached you'll find the Bandung tpochartsession v1.20 "upgraded" to the new f...g mt4 version. Smtm gives us the old mt4 version files here. So, now you have the new code: the session profiles work correctly but there are some errors yet and the splitted letter periods do not work (upgrade) properly....
Please, really please: Current attached v1.20 does not work (upgrade). We currently have not a mt4 tpo indicator capable to split sessions and periods. V1.20 does that. It's enough to work. Frocus new version is great for a lot of reasons but still does not work. Is here someone able to let v1.20 work in this diabolic mt4 new version?? We have spent 2 months for nothing right now, and the old mt4 si going to quit on any broker.

Thank you for your attention and regards

PS: I attach the full program pack with fonts, include and libraries.
Attached File(s)
File Type: zip V120 hb no vol full pack.zip   230 KB | 949 downloads
Ubi maior minor cessat
  • #5,640
  • Edited May 3, 2014 12:05pm May 2, 2014 11:04pm | Edited May 3, 2014 12:05pm
Ok, I made it. Here you have the upgraded ay-TPOChart-Session.v1.20. Now it seems to work fine, I'm currently testing it.

ADDED FEATURES (from old mt4 version):

  1. SESSION HALFBACK LINE
  2. LAST SPLITTED PERIOD ON CURRENT BAR
  3. REMOVED ALL THE VOLUME FUNCTIONS (to improve cpu performance)
  4. INFO REDUCED TO REALLY NEEDED INFO (date, volume, range=less space window required)

In order to let it work correctly, change all the files (libraries, include, ecc.). I add also a template. Then set the scale to fix and adjust the dimension at will.


A new improvement could be to split the periods only of one or more specified sessions. For instance: split the periods of the current US session and of the previous US one, leaving the others unsplitted. If some one could add this function he will be welcome.

Regards

Attached Image (click to enlarge)
Click to Enlarge Name: ay-TPOChart-Session.v1.20-LOCK-start0-screenshot.JPG Size: 130 KB
Attached File(s)
File Type: zip ay-TPOChart-Session.v1.20-LOCK-start0.zip   313 KB | 1,421 downloads
Ubi maior minor cessat
35 traders viewing now