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Re: [RT] MarketProfile vs Volume by Price



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Hi Steve,
<FONT face=Arial 
size=2>              
thanks for your reply,...
   However the most basic of all charts 
that people look at are price by time, (price on y-axis & time on 
x-axis)...& they arent called market profile..
    So I assume there is more to MP 
than just price by time.
 
Michael
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Steve 
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
  Sent: Friday, August 17, 2001 8:45 
  PM
  Subject: Re: [RT] MarketProfile vs Volume 
  by Price
  
  Michael, MP is price by time, not 
  volume
   
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    Michael 
    
    To: <A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
    title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
    Sent: Friday, August 17, 2001 5:40 
    AM
    Subject: [RT] MarketProfile vs Volume 
    by Price
    
     
    Hi all,
            
    There has been some discussion in here recently about market 
    profile.
       <FONT face=Arial 
    size=2>     From my limited understanding of the 
    "Market Profile" it seems basically the same as the "Volume by Price" 
    indicator,  from BigCharts (see the 5 minute chart example attached) 
    .
       Can anyone verify if this is the 
    case please,....or not, & if not ..what is the difference between the 
    two.
    TIA
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