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Re: [RT] Fw: Price Distribution Histogram



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Could you explain exactly what it is we should be looking for or how best to
use this indicator in RT? (I've never done any market profile work)
Thanks-
Steve
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, January 16, 2002 8:55 PM
Subject: Re: [RT] Fw: Price Distribution Histogram


> Just a followup on the GWPD(Gregory Woods Price Distribution)....It really
> does run on one tick bars.  Here is a chart set for 30 minutes
distribution
> on both of the time inputs.  A data window shows the prices of each TL and
> most important the longest TL in cyan.  Note where the short at
> 12:26(pacific time) started, within one TL of the longest TL.  This is
> pretty amazing.  Kinda shows there are some people or computers out there
> that are finely tuned to this stuff.  A chart like this in realtime should
> help reading price distributions for bullishness or bearishness or
> consolidations.
>
>
>
>
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