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Trader Dale - daily trading levels

  • #3,681
  • Jan 16, 2017 3:17pm Jan 16, 2017 3:17pm
Dale,

Your comments on the charts says "yearly profile" but as far as I know VPVR means Volume Profile Visible Range (I dont have tradingview pro account).
Most of your charts begin from March-April range. There are even some starts at July. Those profiles would look very different if they started from 2016 January.
So what should the be the starting date for the "yearly profile".
Or is it not that important?

Thanks in advance.

Akif,
  • #3,682
  • Jan 16, 2017 3:25pm Jan 16, 2017 3:25pm
Quoting NaughtyPip
{quote} just google tradingview trader dale
found it. thanks m8!
Risk comes from not knowing what you're doing.
  • #3,683
  • Jan 16, 2017 3:29pm Jan 16, 2017 3:29pm
Quoting akift
{quote} Hi radaway, Sorry that I forgot to reply back to your pm. But here is the answer for your request: Since Dale has given us a very nice Christmas gift freely, I want to make my little contribution to this nice community also. So here is my christmas gift to you all. The most wanted colorful volume profiling tool for MT4. Add it to your chart and draw anywhere a rectangle it automatically detects it and make a nice colorful profile inside the rectangle for you. Enjoy! Akif_Rectangle_Volume_Profile_v1.ex4;2142423 Akif, {file}
Sir, the indi shows nothin.
Baad programmer sir,baad programmer.


Please give us some clues how to print it or mql code.
Cheers,
with respect .
  • #3,684
  • Jan 16, 2017 3:31pm Jan 16, 2017 3:31pm
Quoting radaway
{quote} Dietcoke...tell me which one you need to read. I will make it into a jpeg file and send it to you. (you can zoom jpeg & png files on your windows PC)

All of them. I just can't read the text. its too small for me
  • #3,685
  • Jan 16, 2017 3:32pm Jan 16, 2017 3:32pm
Quoting januszo
{quote} Sir, the indi shows nothin. Baad programmer sir,baad programmer. Please give us some clues how to print it or mql code. Cheers, with respect .

Did you draw a rectangle after adding the indicator to a chart?

Akif,
  • #3,686
  • Jan 16, 2017 3:38pm Jan 16, 2017 3:38pm
Quoting akift
{quote} Did you draw a rectangle after adding the indicator to a chart? Akif,
Right away sir , drawing the rectangle and it works!
Good programmer ,
nice indi ,
thx !!!
  • #3,687
  • Jan 16, 2017 3:40pm Jan 16, 2017 3:40pm
Quoting akift
{quote} Hi radaway, Sorry that I forgot to reply back to your pm. But here is the answer for your request: Since Dale has given us a very nice Christmas gift freely, I want to make my little contribution to this nice community also. So here is my christmas gift to you all. The most wanted colorful volume profiling tool for MT4. Add it to your chart and draw anywhere a rectangle it automatically detects it and make a nice colorful profile inside the rectangle for you. Enjoy! Akif_Rectangle_Volume_Profile_v1.ex4;2142423 Akif, {file}
Yahooooooooooooooooo !!!
  • #3,688
  • Edited 4:02pm Jan 16, 2017 3:46pm | Edited 4:02pm
Quoting dietcoke
{quote} All of them. I just can't read the text. its too small for me
did you save the picture file on your PC and then open them with a viewer ?(see my other reply to you)
they (once magnified) will maybe come up like this(depending on your magnification range)....a bit hazy but you will be able to make out the text at least (see image)

-also, which browser are you using ? maybe I can tell you how to zoom on a specific browser.

-edit : can you also try the :http://www.imageenlarger.com/ (image enlarger tool)
the settings are self explanatory . if you keep the zoom factor = 5 (with my saved image) , you should be fine.
Attached Image
  • #3,689
  • Jan 16, 2017 4:05pm Jan 16, 2017 4:05pm
Quoting akift
....So here is my christmas gift to you all. The most wanted colorful volume profiling tool for MT4. ...
...and best of its kind for MT4.

when I draw rectangle on single bar it actually expand rectangle on several bars. Can you add optional to draw volume profile for single bar only. Some bars are more important then others and would like to see how volume is distributed on it.

Thank you for sharing indicator.
  • #3,690
  • Jan 16, 2017 4:09pm Jan 16, 2017 4:09pm
Quoting akift
{quote} Hi radaway, Sorry that I forgot to reply back to your pm. But here is the answer for your request: Since Dale has given us a very nice Christmas gift freely, I want to make my little contribution to this nice community also. So here is my christmas gift to you all. The most wanted colorful volume profiling tool for MT4. Add it to your chart and draw anywhere a rectangle it automatically detects it and make a nice colorful profile inside the rectangle for you. Enjoy! Akif_Rectangle_Volume_Profile_v1.ex4;2142423 Akif, {file}
Very colorful as you said Akif.
Thanks
  • #3,691
  • Jan 16, 2017 4:30pm Jan 16, 2017 4:30pm
Quoting ruma29
{quote} ...and best of its kind for MT4. when I draw rectangle on single bar it actually expand rectangle on several bars. Can you add optional to draw volume profile for single bar only. Some bars are more important then others and would like to see how volume is distributed on it. Thank you for sharing indicator.
This tool only uses current timeframe to "estimate" the volume profile. If you want more precision you need to go lower timeframes. If you want to look for a specific single HTF bar you should go to M1 chart and draw a rectangle for that bar's boundaries. That is the best we can do with MT4 capabilities.

Here is an example:
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 63 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM1.png Size: 56 KB


Akif,
  • #3,692
  • Edited Jan 17, 2017 1:23am Jan 16, 2017 4:44pm | Edited Jan 17, 2017 1:23am
Quoting radaway
{quote} Ziggy..most of us (I think) got hammered or missed on au...how come you walked out so handsomely ? which secret level did you have which we didnt ?
Hi Radaway, I just used a 20 pip stop, no magic Rad as some others might suggest. I always open my trades with a 20 pip stop and then decide if I see a good reason to shift it. As you know I've been quite open about how I trade, in this particular instance I was fairly sure I was going to get whacked but came away lucky

I see Akif has shared his volume profile, I'm pleased he has and understand why he didn't initially - it was a work in progress and good as his word he has now shared it for all to use - but it played no part in my decision to use a 20 pip stop

Best of luck Cheers Ziggy
  • #3,693
  • Jan 16, 2017 4:48pm Jan 16, 2017 4:48pm
Quoting akift
{quote} Hi radaway, Sorry that I forgot to reply back to your pm. But here is the answer for your request: Since Dale has given us a very nice Christmas gift freely, I want to make my little contribution to this nice community also. So here is my christmas gift to you all. The most wanted colorful volume profiling tool for MT4. Add it to your chart and draw anywhere a rectangle it automatically detects it and make a nice colorful profile inside the rectangle for you. Enjoy! Akif_Rectangle_Volume_Profile_v1.ex4;2142423 Akif, {file}
Nicely done Akif, I believe in Karma and good things are due to you
  • #3,694
  • Jan 16, 2017 4:54pm Jan 16, 2017 4:54pm
Quoting akift
{quote} This tool only uses current timeframe to "estimate" the volume profile. If you want more precision you need to go lower timeframes. If you want to look for a specific single HTF bar you should go to M1 chart and draw a rectangle for that bar's boundaries. That is the best we can do with MT4 capabilities. Here is an example: USDCADDaily.png;2142479 USDCADM1.png;2142482 Akif, {image} {image}
akift, i was asking if it is possible to have VP on single bar regardless of time frame. I apply rectangle on single bar but indicator expand/extend it to several bars...you know that...you answered not possible..subject closed. Thank you.
  • #3,695
  • Jan 16, 2017 5:10pm Jan 16, 2017 5:10pm
It is 2 am in the morning here so I got to go to bed.
I was plotting levels on my charts (I could only finish 3 of them, I am slow, I know
Here are my NZDCAD daily chart which I think will help to understand the reasoning behind the levels.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADDaily.png Size: 95 KB

Here is the zoomed in version of that extremely strong rejection. (15min, you can go lower if you want but i think for a width of this much 15 min is ok)
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADM15.png Size: 89 KB

I see another level down below Dale's 0.9788 which is 9708. There will probably be a reaction at there but it will probably go up higher to test that huge red cluster.
Good night all.
And thank you again Dale.

Akif,
  • #3,696
  • Jan 16, 2017 5:34pm Jan 16, 2017 5:34pm
i got ozzy shorts at 7494 tomorrow from intraday

Attached Image (click to enlarge)
Click to Enlarge Name: 919c34e1eb4e4a1eb7c6c65aba51cd2b.png Size: 57 KB
  • #3,697
  • Jan 16, 2017 5:38pm Jan 16, 2017 5:38pm
UJ shorts at 114.99 i reckon

Attached Image (click to enlarge)
Click to Enlarge Name: 5b86c314f08b4aedab685a2e9f9322c4.png Size: 61 KB
  • #3,698
  • Edited 6:53pm Jan 16, 2017 5:58pm | Edited 6:53pm

The explanation of "tradingview" for volume profile indicator. It may help those who want to start reading this thread or know the components of the indi.


https://www.tradingview.com/wiki/Volume_Profile


PS. I don't know if you can link to another website or not, so in case the link is deleted, you can google "volume profile tradingview wiki".

  • #3,699
  • Jan 16, 2017 6:26pm Jan 16, 2017 6:26pm
Quoting NaughtyPip
i got ozzy shorts at 7494 tomorrow from intraday {image} {image}
I think if bearish sentiment will hold on au, then stop hunt till 7515 will be made.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15_20170117.png Size: 47 KB
  • #3,700
  • Jan 16, 2017 6:29pm Jan 16, 2017 6:29pm
Thanks Dale for the swing levels and explanations. A very good insight into how you decide on the levels. However, just to clear out the confusion, the levels are done based on the analysis of Volume Profile and not MP (i.e. TPO profile) right? Because the levels are gonna be different. Thanks.
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