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Re: Market Profile: The Secret Sauce To Mechanical Strategies?
I had an idea to use trendlines 1 tick above the previous bars value low area and 1 tick below the previous bars value high area to enter trades long and short as an automated system.
I use Tradestation and I have tried several times to plot the trendlines.
So far, no luck. I have to draw them in by hand.
Here is a screen shot of the British Pound showing what happens when I try to draw the trendlines into the Tradestation Market Profile Activity Bar using Easy Language. It looks like a Gann fan.
The second screen shot of the Euro shows the Tradestation color trendline strategy I use to enter using the manually drawn trendlines.
Last edited by fatdog1; 06-20-2007 at 04:08 AM.
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