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Old 01-12-2008, 10:56 AM
thrunner thrunner is offline
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Re: Marketprofile.eld

Welcome to the forum. Please link the URL to the MP indicator you are using from this forum; not sure which one you are referring to.
If you are using the TPO_Pro5 from the TS forum, try a 15 min chart with about 20 trading days of data (see attached for @ES) and use compress setting of 4 so that the letters are not all squeezed together (also try a fix courier font on TS chart). The indicator does not depend on bid/ask or other transient data.
If you using the MP indicator by Antonio (Ant), that is code protected and has expired a while ago (perhaps one year) and no longer display anything on your chart.
There is no support on any of these indicators, it is just a matter of trial and error.

Here are some notes from the TS forum on the TPO_Pro5 indicator
Quote:
{ Regular Session by using @ER2.D you should eliminate the off-hour MP's. Also, you have to use a
non-proportional font like Courier to have the letter spacings show up properly, or a letter "I" takes
up less horizontal space than a letter "M" and throws-off the histogram. You can do this by right-clicking
on some of the letters, "No" to format Analysis technique. Then choose a fixed-width font and check Default.
Then reload the chart with Ctrl-R. Unfortunately, ALL text on ALL your charts will now use the fix-space font
when the charts reload - TS can't have some one way, and others another way...

I went 10 days back on data, as little as 5 will work. Try changing the Compression and Length inputs to 3,
or a lower number than the default depending on you screen resolution .

According to Robls99 in another post:
The current function for Session time have been changed to:
SessionStartTime(SessionT ype, SessionNum)
SessionEndTime(SessionTyp e, SessionNum)
where: SessionType is a numeric value: 0 = Auto Detect, 1 = Regular Session
Session Num specifies the specific session that should be returned.
See the TradeStation User Guide (Help tab) for further info.
Can we change the code to a way that we can auto detect session? I tried changing the input to
SessionStartTime(0, 1) and still doesnt work. What can i do?

you can look here . For 07/26/07 you see the dates
http://www.charthub.com/images/2007/07/27/ym_rth_mp
By definition, the POC is the longest line of TPO's closest to the center of the range.

The value area is where "70% of or thye day's business is conducted." (per Dalton's Mind over Markets).
The value area is approximately 1 standard deviation of the total price movement. Some use a volume value
area, TPO value area or both. The POC or point of control is the price where most of the TPOs exist.
Initiating trades at the POC may be less likely to succeed. You often find random movement at the POC
on a normal day type. At the POC, price is at the middle of the of the "bell curve" and could go in
either direction.

ok figured it out. my value area percentage was wrong. When i made it 70% it is fine now
}
Attached Images
File Type: png ES 15min TPO_Pro5 2008-01-12_110043.png (23.8 KB, 160 views)


Last edited by thrunner; 01-12-2008 at 11:10 AM.
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