Volume Profile and Market Profile a new wave of market picture

[sherbaaz]

80 % rule

if market opens above VA or below VA and coming into VA and remaining there for 1 hour i,e., 2 consecutive candles of 30 min - does it mean close of first 2 30 min candles or the range whether it closed inside or not.

However if price opens above/below previous days value area and haven’t return back - return back means close or any part of range.

regds,s

 

[XRAY27]

80 % rule

if market opens above VA or below VA and coming into VA and remaining there for 1 hour i,e., 2 consecutive candles of 30 min - does it mean close of first 2 30 min candles or the range whether it closed inside or not.

However if price opens above/below previous days value area and haven’t return back - return back means close or any part of range.

regds,s

yes !! Anyways i will post in evening how to make a report with MP for next day plan of action !!!

 

[wisp]

80 % rule

if market opens above VA or below VA and coming into VA and remaining there for 1 hour i,e., 2 consecutive candles of 30 min then there is 80 % probability that it (va) will be filled

However if price opens above/below previous days value area and haven’t return back then it is a sign of one sided directional move

XRAY bro, POC and VA keep changing through the day, so how do we handle this?

 

[ambarish123]

https://postimg.org/image/47fsy5prv/

bro,whats ur view on todays lead profile

upload images free

 

[ambarish123]

XRAY bro, POC and VA keep changing through the day, so how do we handle this?

use ydays values for todays trade

 

[XRAY27]

XRAY bro, POC and VA keep changing through the day, so how do we handle this?

Wisp bhai !!!

Use yesterday va and poc for todays trade with weekly prospective,current (today )is a developing section for future,hence it is called developing POC i think i have explained that in previous post/s!!!

 

[XRAY27]

https://postimg.org/image/47fsy5prv/

bro,whats ur view on todays lead profile

upload images free

Image is too small to comment any ways by look at the TPO responsive selling is more !!

 

[wisp]

Wisp bhai !!!

Use yesterday va and poc for todays trade with weekly prospective,current (today )is a developing section for future,hence it is called developing POC i think i have explained that in previous post!!!

Thanks bro, how to get the weekly POC or daily POC? When I switch to daily or weekly the afl stops working. Is this a version issue?

 

[XRAY27]

Thanks bro, how to get the weekly POC or daily POC? When I switch to daily or weekly the afl stops working. Is this a version issue?

yes !! this is only suitable for 5.8 and above...chart may be crashing due to this ??

try this one..i'm not a expert in AFL's

we don't need letter's ..just solid cloud is ok !!!

check this one..

http://www.wisestocktrader.com/indicators/473-market-profile

 

[XRAY27]

Naked POC: It is a POC from a previous days that price has not returned to on any of the following days.

Since POC is point were price has retured max times ,it will act as magnet and any untouched POC (Naked/virgin) will pull the price to that level