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Issac:
And even Steidelmayer talks about the process as being
able to recognize when price has spend either not
enough time or too much time at a given level of price.
Charles
-----Original Message-----
From: N.Hernandez <cable911@xxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Thursday, July 22, 1999 1:01 PM
Subject: RE: MarketProfile
>Market Profile is a frequency distribution
>of intraday price movement but it uses time,
>rather than volume as it's independant variable.
>
>When this data is plotted on a chart it usually forms a bell curve.
>you simply by at lower price end of bell curve and sell at higher end.
>
>With proper studying, traders are able to identify
>market participants by timeframe and patterns of trading.
>
>In essence, you start to think like a floor trader.
>
>Hope this helps.
>
>Isaac
>
>
>-----Original Message-----
>From: jdfo [mailto:jdfo@xxxxxxxxx]
>Sent: Thursday, July 22, 1999 10:37 AM
>To: Omega List
>Cc: Real Traders
>Subject: MarketProfile
>
>
>Recently several people have submitted codes for Market Profile. What is
>the attraction here? And what submitted code actually can be installed in
>Trade Station. Does this tool really provide assistance in day trading and
>if so, on what markets?
>
>If it is helpful, will someone provide a working code so I and others can
>install it in Trade Station.
>
>Many thanks,
>
>John
>
>
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