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Auction Market Theory and Market Profile

  • #5,741
  • May 12, 2014 12:12pm May 12, 2014 12:12pm
Quoting mzvega
{quote} I’m sure I’m not the only one affected by some of the recent changes at mq4. If you followed the thread you’d know I started that explorer to test my “analysis”. http://www.forexfactory.com/showthre...97#post7177497 With the mq4 debacle I lost my ability to do analysis, as it was dependent on data from v1.32. So until I get my spreadsheets, recalculated to fit a different data type, that account is the least of my concerns. So that explorer has served its purpose, I know how I trade using a strictly analytical approach,...


see, you are even here unable to reflect or to think about the corner...........

Where was the point where I said that mean reverting is part of AMT?

LOL So you think I care about Capital Market Theory? Oh my god.......

Quick refresher for you: this thread is not only about AMT per the thread starter, but also about Market Profiles.

When regression to the mean processes are not part of market profiles, then what is the fuss about the distributions (gaussian) at all?


And at the other hand: have you ever cared/heard about the Ornstein Uhlenbeck process? Surly not, I guess. Is a nice reading for all interested in Market Profiles/Volume profiles/distributions etc. (not only in the definition of Steidlmeyer).

Curious, that you do now point out, that you lost the ability to analyze the markets due to MT4. There have been occasions before where you clearly stated, that you are independent of MT4 and that you do your calculations via Excel (or generally spreadsheets), when my mind serves me right.

At least I think first before I open my mouth........
  • #5,742
  • May 12, 2014 12:47pm May 12, 2014 12:47pm
Quoting svengralla
Hey, all you freaks, whats the point of this pseudoacademic theoretical flamewar mostly based on personal preference and gut feeling, anyway? Come up with recent real world charts and profiles and proof it! "Here is the data, there is my analysis and thats the outcome." Period.
It was that way, however the failure to actually read the thread doesn't appeal to others. if you look at my post history that was the case. I stopped doing that, as the
only concern is "where's the indicator", "why cant I make it work". "Can you make the volume do this & that". The indicator has nothing to do tick volume.

Instead of reading the material to understand why. They ran the creator of it off with impossible indicator requests. He too, applies the same concepts, as I do. He has posted an TPO indicator that works with the new build. found here. The video is self explanitory http://www.mql5.com/en/market/product/3033

Its of no use here as no one does the analysis. He also created the "overlay" display as per Cisco. Its not MP and it has nothing to do with tick vol. So it's of no use to the "volume" traders here and nobody cares about "Analysis". It has nothing to do with volume. I doubt he'll post it publicly here. As it has nothing to do with volume. And no one does "analysis". I stopped contributing here because the only concern is "where's the indicator", "why cant I make it work", "can you make the volume do the same thing"......
they have no interest in learning, all they are concerned with is "which way do I trade next", without trying to learn or understand the concept. I have a long posting history here of posting my trades.
The other senior members have long since fled this place a meet where the subject remains the "topic of discussion", it's obvious "Auction Market Theory & Analysis" is no longer the topic of the thread here.
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Markets are not efficient, rather they are effective - Jones
  • #5,743
  • Edited 3:32pm May 12, 2014 2:48pm | Edited 3:32pm
Quoting mzvega
{quote} It was that way, however ...
Hi, obviously there are highly intelligent people gathered here together. However, intelligent people with a lot of time ...
Why don't you guys agree on the EURUSD (or whatsoever), M30 timeframe, this friday?! Over the weekend each party can make its point
and then lets see how things develop next week. It's all about general market structure, so nobody has to be afraid of giving away secret setups.
Smooth and easy.
  • #5,744
  • May 13, 2014 3:19am May 13, 2014 3:19am
US\JPY LTF distributions I think it will break to the upside

20 day distribution
TPO’s Above 671
Tpo’s Below 2402
balance in favor of buyers

15 day distribution
TPO’s Above 1086
Tpo’s Below 1209
balance in favor of buyers
Markets are not efficient, rather they are effective - Jones
  • #5,745
  • May 13, 2014 3:40am May 13, 2014 3:40am
Quoting mzvega
US\JPY LTF distributions I think it will break to the upside 20 day distribution TPO’s Above 671 Tpo’s Below 2402 balance in favor of buyers 15 day distribution TPO’s Above 1086 Tpo’s Below 1209 balance in favor of buyers
Cool, that's a statement.
We are still in an uptrend on weekly, anyway, but thats no problem.
I'm looking forward to a fruitful discussion.
  • #5,746
  • May 14, 2014 2:00pm May 14, 2014 2:00pm
Continue indicator update riv_SmartProfile1.07.
What would he added. Many processed. Test, publish the results.
Attached File(s)
File Type: ex4 riv_SmartProfile1.07.ex4   232 KB | 694 downloads
  • #5,747
  • May 15, 2014 3:22am May 15, 2014 3:22am
Update riv_SmartProfile1.08
Attached File(s)
File Type: ex4 riv_SmartProfile1.08.ex4   231 KB | 928 downloads
  • #5,748
  • Edited 12:04pm May 15, 2014 8:04am | Edited 12:04pm
Quoting Frocus
Update riv_SmartProfile1.08
Hi,
here's what it looks like on Ubuntu 12.04 (Linux) and MT4/646 using the default settings.
Just in case you were interested.

(block_6: "ShowPOC_Info" --> "ShowVAHL_Info"?)
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  • #5,749
  • May 15, 2014 1:10pm May 15, 2014 1:10pm
Quoting svengralla
{quote} Hi, here's what it looks like on Ubuntu 12.04 (Linux) and MT4/646 using the default settings. Just in case you were interested. (block_6: "ShowPOC_Info" --> "ShowVAHL_Info"?) {image}
block_6: "ShowPOC_Info" --> ShowVaHL_Info: to display VaHL-lines information

My templates -
Attached File(s)
File Type: tpl riv_smartprofile_xx.tpl   1.1 MB | 951 downloads

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  • #5,750
  • May 15, 2014 3:55pm May 15, 2014 3:55pm
Quoting Frocus
{quote} block_6: "ShowPOC_Info" --> ShowVaHL_Info: to display VaHL-lines information
I understand. But "ShowPOC_Info" has to be changed to "ShowVAHL_Info" in block_6, I guess.
Attached Image
  • #5,751
  • May 15, 2014 4:05pm May 15, 2014 4:05pm
Quoting svengralla
{quote} I understand. But "ShowPOC_Info" has to be changed to "ShowVAHL_Info" in block_6, I guess. {image}
Yes, I was wrong. And we must understand. Will fix in the next version.
  • #5,752
  • May 27, 2014 7:25am May 27, 2014 7:25am
Next update. Importantly solved the problem with the font letters.
Attached File(s)
File Type: ex4 riv_SmartProfile1.10.ex4   222 KB | 1,085 downloads


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  • #5,753
  • May 31, 2014 9:18am May 31, 2014 9:18am
Great indicator Frocus. My favorite new thing!

Because I'm still learning market profile I find I prefer to use just the expanded right side profile summary. I find that with colour separation on the sessions I look at this and not the daily histogram profiles.

Also, I don't know about you but I like to use volume candles such as those from Sonic's VSA system or BetterVolumeIndicator. I find that acts as an additional prompt for the eye - reducing missing this. You can also see nicely how curn bars react on volume levels. Unfortunately in order to get that expanded right side profile summary you then get dots printed over the candles and no combination can turn them off sadly with keeping that summary on the right side. Without the .mq4 I can't adjust.

Another thing that could be interesting to use less chart space could be just highlighting areas of low volume as a level with no other info. This could combine with other technique on a clean chart for learning - less info easier to handle when first starting out.

Looks great on Fedora too. Side bars in this example attached:
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  • #5,754
  • Jun 1, 2014 11:47am Jun 1, 2014 11:47am
Hi, is there any guide on how to set up these indicators properly? I tried looking through the thread but couldn't find one. Would appreciate if someone can post it or link me to the post describing it.

Thanks
  • #5,755
  • Jun 1, 2014 3:18pm Jun 1, 2014 3:18pm
Just a quick response from me since my reply is going to be quickly buried in the 288 pages and the same question come up again and again. Some threads are 3000 long... forum software really needs to be like Slashdot and allow people to up and downvote to allow people to summerise the thread.

I used a pagination extension to click through to about page 190 of this thread and then printed a pdf of the generated page. The result was a 70mb file too big to upload. I then spent 3 hours reading the result. I agree that there isn't much coverage on setting up the indicators. By this stage I had already clicked through all the various combinations and found that with the riv_smartprofile v1.10 it's possible to use just the right side profile only... I've screenshotted some of the settings I use for you. To figure out many of the settings I had to go through every combination. But also you can expand the window size and for a lot of the options there is a good description on the left. You need to know the jargon for the abbreviations.

In particular I like to turn of the info text, turn off boxes and expand the various levels to support and resistance, turn off letters and use pseudo and use the summary profile. I also join 3 days into one - I prefer to look at that cycle, don't really like looking at each day separately.
All this though... it's simpler to start off with just a summary volume profile first. A much simpler indicator is level scope for starting out.

If you figure out what the split by bars option is please let me know. I use this indicator a lot now so feel free to PM me. I notice we don't have .mq4 files for some of them so I wonder how long we'll be able to use these indicators.

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Quoting EveningStar
Hi, is there any guide on how to set up these indicators properly? I tried looking through the thread but couldn't find one. Would appreciate if someone can post it or link me to the post describing it. Thanks
  • #5,756
  • Jun 1, 2014 3:44pm Jun 1, 2014 3:44pm
Quoting jago25_98
Just a quick response from me since my reply is going to be quickly buried in the 288 pages and the same question come up again and again. Some threads are 3000 long... forum software really needs to be like Slashdot and allow people to up and downvote to allow people to summerise the thread. I used a pagination extension to click through to about page 190 of this thread and then printed a pdf of the generated page. The result was a 70mb file too big to upload. I then spent 3 hours reading the result. I agree that there isn't much coverage on setting...
I'm thinking of actually going for a paid solution available with other charting tools. There aren't any good indicators available for MT.

But thank you for taking the time to reply, I really appreciate it.

And I agree, there should be a search option in a thread so that someone coming to this thread can simply search for the word "guide" and it would show them a bunch of posts featuring that word just like most other forums.
  • #5,757
  • Jun 2, 2014 6:31am Jun 2, 2014 6:31am
To increase the speed of the indicator can be done:
1. To Reduce LookBack.
2. To increase FontSizeLetters (such as 6 or 8, then it is better FontNameLetters not bold).
  • #5,758
  • Jun 25, 2014 3:35am Jun 25, 2014 3:35am
Tahnks for the latest update.
Is there any option to change/modify the RowHight of the Profile.
As Iam plotting a Index through this Indi.. I guess the RowHight is 10 Points in this chart..
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Thanks with Regards[attach]1455054


Quoting jago25_98
Just a quick response from me since my reply is going to be quickly buried in the 288 pages and the same question come up again and again. Some threads are 3000 long... forum software really needs to be like Slashdot and allow people to up and downvote to allow people to summerise the thread. I used a pagination extension to click through to about page 190 of this thread and then printed a pdf of the generated page. The result was a 70mb file too big to upload. I then spent 3 hours reading the result. I agree that there isn't much coverage on setting...
If it was easy, everyone would do it.
  • #5,759
  • Jun 25, 2014 10:20am Jun 25, 2014 10:20am
Good day, can someone help me to have last indicator of Market profile? , with last MT4 platform actualization, all indicators is inability

Thanks,

Steven
  • #5,760
  • Jul 2, 2014 12:00pm Jul 2, 2014 12:00pm
jogo25_98 can you make a template of your screen shot you uploaded and post it please?
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