Volume Profile and Market Profile a new wave of market picture

[sherbaaz]

was yday a double distribution trend day in nf ?
can somebody plz confirm it?

regds,s

 

[wisp]

the change in values of value area changes with change in T/F due to inefficiencies of our charting platform. if 1 min base is selected, the calculation shall be based on 375 bars (C or mid value of that bar depending upon the afl/code). the bigger the T/F the more distorted values of VAs are obtained. My 2 cents on this observation.

Can't this be overcome by the timeframeset feature? Happy_singh can perhaps fix it.

 

[XRAY27]

was yday a double distribution trend day in nf ?
can somebody plz confirm it?

regds,s

Yes !!! Double distribution day !!!

 

[XRAY27]

Va 80 % rule is such that break out of it should have some 80 % success rate (IMO), so down grading time frame should also obey this for better trades with in the true sense of MP my 2 cents

 

[Vipul_84]

XRAY bro, how can we use yesterday's day type in today's trading? We had double distribution day yesterday. How this information is useful for today's trading?

 

[XRAY27]

XRAY bro, how can we use yesterday's day type in today's trading? We had double distribution day yesterday. How this information is useful for today's trading?

Go through post #58 in total and also read happy singh post !!! you will find the answer

 

[sherbaaz]

on 5 minute nf tried to break the initial balance after remaining within the value area from more than 3 hours . 12:24:59 candle seems like a blow off candle.

regds,s

 

[Smart_trade]

Traded on 80 % rule....:thumb::thumb:

Smart_trade

 

[XRAY27]

on 5 minute nf tried to break the initial balance after remaining within the value area from more than 3 hours . 12:24:59 candle seems like a blow off candle.

regds,s

Short trade was on account of yesterday DD as price will reject that area !!!

Concept is more important then AFL... try 3 mins

 

[sherbaaz]

Short trade was on account of yesterday DD as price will reject that area !!!

Concept is more important then AFL... try 3 mins

i already have a method to trade just adding MP as a support tool to it. am comfortable more on 5 min tf.

regds,s