Re: [amibroker] volume based MP

["Ara Kaloustian" <ara1@xxxxxxxxxx>]

for value area you need to look at cumulative volume - not just volume bars.

30% and 70% of total volume are the value area points

----- Original Message ----- 
From: "eric tao" <erichtao@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Thursday, July 05, 2007 11:00 AM
Subject: [amibroker] volume based MP


> Hi Guys,
> 
> I'm trying to calculate volume based daily Market Profile. Is this the
> right way to calculate Value area for volume base MP?
> 
> CP is the highest volume price point.
> for VA, I compare the volume of each price around CP, pick the higher
> volume from each pair until the accumulated volume is greater for
> equal to 70 percent of the day's total volume.
> 
> Thank you.
> 
> 
> 
> 
> 
> Please note that this group is for discussion between users only.
> 
> To get support from AmiBroker please send an e-mail directly to 
> SUPPORT {at} amibroker.com
> 
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
> http://www.amibroker.com/devlog/
> 
> For other support material please check also:
> http://www.amibroker.com/support.html
> 
> Yahoo! Groups Links
> 
> 
> 


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