Xray,
The horizontal bar indicates time spent in those levels or volume at those levels.?
edit:
Read this one
http://www.marketcalls.in/market-profile/how-to-read-a-market-profile-chart.html
SO 8680 is where price visited max number of times beforelast week. Likely to revisit in range market. Ok this gives nice explanation for likely areas to watch out. Just trying to set your amibroker code. Thanks.....
The horizontal bar indicates time spent in those levels or volume at those levels.?
edit:
Read this one
http://www.marketcalls.in/market-profile/how-to-read-a-market-profile-chart.html
SO 8680 is where price visited max number of times beforelast week. Likely to revisit in range market. Ok this gives nice explanation for likely areas to watch out. Just trying to set your amibroker code. Thanks.....
Weekly profile shows that if NF fails to hold 8745 levels then it can move todays lower POC and VA low..
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