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[amibroker] Re: Market Profile



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Trading Reference Links

Carl,

Thanks for that.
However, I'm pretty sure you can do what's on that video currently
with AmiBroker's 'Volume at Price' tool... or as TJ suggested the
PlotVAPOverlay() function.

What I'm after is what I would define at true 'Market Profile' which
is something a little more than that.

There's lots of stuff on web I guess, but take a look at,

http://www.cbot.com/cbot/pub/marketing/education/Anatomy.htm

OR

http://www.cbot.com/cbot/docs/handbook.pdf



--- In amibroker@xxxxxxxxxxxxxxx, "Carl Sanders" <traden4x@xxx> wrote:
>
> Hi,
> 
> Yes go to this link
> http://www.leveragefx.com/forexvideotraining/
> and select the "Vol Profile".
> 
> This is what the recording is of.
> 
> Carl
> 
> On Sat, Aug 16, 2008 at 10:11 AM, sidhartha70 <sidhartha70@xxx> wrote:
> 
> >   Carl,
> >
> > I can't seem to play the .flv file for some reason. Do you have a link
> > you can point me to...? Or a link to the developers wesbite...?
> >
> > Many Thanks
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx <amibroker%40yahoogroups.com>, "Carl
> > Sanders" <traden4x@> wrote:
> > >
> > > Hello,
> > >
> > > I have been looking for a similar thing and have found a provider
> > that does
> > > something called volume profile. Very much similar to what is done
> > by ensign
> > > charts or what you talk about.
> > >
> > > If you watch the first 30-60 seconds of this swish file, it will
> > show you
> > > its use and how you can change time frames and see the volumes
> > there. Very
> > > useful in finding where actual support and resistance is while
trading.
> > >
> > > Carl
> > >
> > >
> > >
> > > > TJ,
> > > >
> > > > Thanks.
> > > >
> > > > "True", or "Classic" Market Profile if you like, works like
this...
> > > >
> > > > Clasically a day is split into 30 min segments. Each "letter code"
> > > > represents a 30 min segment. You can also define each 30 min
segment
> > > > by a graphical block of a different color as per,
> > > >
> > > > http://fin-alg.com/MPSmall.png
> > > >
> > > > But truthfully "letter codes" are much better because they form a
> > > > chronological order which is important. A letter is placed on the
> > > > histogram at each price point which traded during that 30 min
period -
> > > > from the leftmost column forward. Thus building a typical bell
shaped
> > > > horizontal histogram.
> > > >
> > > > I am not sure about the full functionality offered by the
NinajTrader
> > > > plug-in that Pete uses... Pete, can you comment on this...?
> > > >
> > > > But I can imagine that it would allow such things as user defined
> > > > periods (i.e. the 30 min segment is variable), the ability to form
> > > > composite Market Profiles... i.e. you can combine a number of
> > > > concurrent days (still with 30 min segments) to appear in one
market
> > > > profile that way building a bigger picture of the market place,
> > > > returning information about he profile built such as the width (in
> > > > number of segments) of the widest point of the profile etc...
> > > >
> > > > I think if you look at this diagram you will see what I mean...
> > > >
> > > >
> > > > http://fin-alg.com/mp.jpg
> > > >
> > > > Again, love to be able to achieve this on AmiBroker. The more
> > > > experince I get as a trader, the greater my desire to move
away from
> > > > the vanilla price charting. Maybe that's a trend that will
grow more
> > > > widely.
> > > >
> > > > Would this be hard to implement TJ?
> > > >
> > >
> >
> >  
> >
>



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