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I thought this would be a popular topic as I did futher research on
market profile this weekend and was hoping that someone may have had
a genuine interest in building on this program to create something
that adds great value to amibroker trading tools.
Any help would be great appreciated - Thank you.
--- In amibroker@xxxxxxxxxxxxxxx, "rf_mail1" <rf_mail1@xxx> wrote:
>
> Hello - I have this indicator from "Noname" that is currently in
the
> amibroker online library. However, I am hoping that this could
be
> improved to show Point of control, and to display the actual price
> figure at which POC is. Also, to show the points of control
from "X"
> number of prior days, and to be a shown as a line (color red) in
the
> current intra day chart, along with a dynamic moving POC in real
time
> (color to be blue).
>
> I do not pretend to know all there is about Market profile, as I am
> in the process of learning it, and was hoping that others may
already
> have done this programming and would like to share this. Or
perhaps
> would like to build on this below.
>
> I did try to understand this coding and do it myself, but its
beyond
> my skills and therefore looking for the generosity of others.
>
> Thank you in advance. Please let me know if I am out of line with
> this request- it just seems it would be a valuable indicator to
have.
>
>
> //Market Profile (by Noname) posted in amibroker online library)
> GraphXSpace = 5;
> SetChartOptions(0, chartShowDates);
>
> //===========================
>
> Den = Param("Density", 40, 10, 100, 10);
> ShowMP = ParamToggle("Show MP", "No|Yes");
> ShowVP = ParamToggle("Show VP", "No|Yes");
> StyleMP = ParamStyle("style MP", styleLine, maskAll);
> StyleVP = ParamStyle("style VP", styleLine, maskAll);
>
> //===========================
> BarsInDay = BarsSince(Day() != Ref(Day(), -1)) + 1;
>
> //===========================
> NewDay = Day() != Ref(Day(), 1) OR Cum(1) == BarCount;
>
> //===========================
> Bot = TimeFrameGetPrice("L", inDaily, 0);
> Top = TimeFrameGetPrice("H", inDaily, 0);
> Vol = TimeFrameGetPrice("V", inDaily, 0);
>
> //===========================
>
> Range = Highest(Top-Bot);
> Box = Range/Den;
> VolumeUnit = Vol/BarsInDay;
>
> for (k = 0; k < Den; k++) // loop through each line
> (price) starting at the Lowest price
> {
> Line = Bot + k*Box;
> detect = Line >= L & Line <= H;
>
> if(ShowMP == True)
> {
> CountMPString = IIf(NewDay, Sum(detect, BarsInDay),
> 0);
> CountMPString = Ref(ValueWhen(NewDay, CountMPString,
> 0), -1);
> MpLine = IIf(CountMPString >= BarsInDay, Line, Null);
>
> Plot(MPLine, "", colorRed, styleMP);
> }
>
> if(ShowVP == True)
> {
> CountVPString = IIf(NewDay, Sum(detect*V,
> BarsInDay)/VolumeUnit, 0);
> CountVPString = Ref(ValueWhen(NewDay, CountVPString,
> 0), -1);
> VpLine = IIf(CountVPString >= BarsInDay, Line +
> Box/4, Null);
> // Plot()
> Plot(VPLine, "", colorBlue, styleVP);
> }
> }
>
> Title = "{{NAME}} - {{INTERVAL}} {{DATE}} {{VALUES}} - \\c04 Market
> Profile \\c06 Volume Profile";
>
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