Market/Volume Profile Indicator on Tradestation

Crazynasdaq · #11 07-30-2009, 08:56 AM

Originally Posted by BlowFish

Hi Crazy thanks for the kind words. it is a fairly straightforward task but would still require a fair amount of work. All the information you have is there it's already in the array. It's simply a matter of displaying it. That is not really hard just a bit fiddly. At the moment I don't really have the time to undertake it.

Thanks a lot again BlowFish.
I'll try to make it on my own and if I reach a good target, I'll post it here for everybody, in honor of your work.

Thanks again

shrike · #12 11-08-2009, 05:42 PM

hi
crazynasdaq ->Tick Data Processing

if i've understood well you take free stuff and after sell them ??? mmmhhh

Crazynasdaq · #13 11-09-2009, 01:56 AM

Originally Posted by shrike

hi
crazynasdaq ->Tick Data Processing

if i've understood well you take free stuff and after sell them ??? mmmhhh

Hi Shrike,
You have not understood well. I've made a packet of indicators and then I lease them, but only those that I've made myself like the Volume Profile, the Volume Control Panel, the Volume Force index, The Volume Pressure, the Volume acceleration and others little but useful stuff. The others, the ones that everyone can find on the web is free, so you did not understand well. I'm sorry, but you are wrong.

CrazyNasdaq

zardoz · #14 11-20-2009, 07:59 PM

I have used a modified version of TPO Pro6.0b on a volume and time chart to get a pretty good market profile going. It even shows the developing VAH, VAL and POC. What I'm looking for however is an indicator that can give me the MP of the week and not just the day or intraday. I want the volume distribution of the entire week, not each day separately. Does anyone know if this has been done on TS or MultiCharts?

Thanks

Z

Crazynasdaq · #15 11-21-2009, 02:57 AM

Originally Posted by zardoz

I have used a modified version of TPO Pro6.0b on a volume and time chart to get a pretty good market profile going. It even shows the developing VAH, VAL and POC. What I'm looking for however is an indicator that can give me the MP of the week and not just the day or intraday. I want the volume distribution of the entire week, not each day separately. Does anyone know if this has been done on TS or MultiCharts?

Thanks

Z

Hi Zardoz, maybe I know how to modify it to build a weekly Voume profile or a monthly or custom, because I've already done with the PVP indicator of DBntina and Blowfish.
But you should share with us your code if you would like to recieve some support, considering that you have posted this request in a thread where we are trying to build a daily volume profile.

CrazyNasdaq

garp · #16 11-21-2009, 03:39 AM

This one works well in EL: Market Profile
It includes Volume and Market Profiles. Quite expensive. But you could put some efforts to open the source code in order to understand methodology.

zardoz · #17 11-26-2009, 12:43 PM

Thanks garp and Crazynas for replying. This was probably not the correct thread to make this inquiry. As for posting the code TPO Pro6.0b, it is pretty much the same as TPO Pro5 and that has been posted to Traders Lab a few times already. If one can't change that to a weekly or multi day profile then it can't be done to TPO Pro6 either. I have some coding experience i.e I created all of Dr Elder's indicators for myself but the TPO is complicated and because I don't know all the limitations of TS or MCharts I don't even know if a weekly MP is possible. Before I spend many days (spent a few hours already) going through the code I would like to know that it is at least possible.

The TPO Pro 5 can be easily modified to show developing POC and Value areas even if you don't understand 80% of the code.

I went to that site garp and even there it was not clear to me whether or not they can do multi day compressed MP.

Z

Tams · #18 11-26-2009, 12:59 PM

it's only numbers.

if you can imagine it,
you can code it.

Crazynasdaq · #19 11-26-2009, 01:01 PM

Originally Posted by zardoz

Thanks garp and Crazynas for replying. This was probably not the correct thread to make this inquiry. As for posting the code TPO Pro6.0b, it is pretty much the same as TPO Pro5 and that has been posted to Traders Lab a few times already. If one can't change that to a weekly or multi day profile then it can't be done to TPO Pro6 either. I have some coding experience i.e I created all of Dr Elder's indicators for myself but the TPO is complicated and because I don't know all the limitations of TS or MCharts I don't even know if a weekly MP is possible. Before I spend many days (spent a few hours already) going through the code I would like to know that it is at least possible.

The TPO Pro 5 can be easily modified to show developing POC and Value areas even if you don't understand 80% of the code.

I went to that site garp and even there it was not clear to me whether or not they can do multi day compressed MP.

Z

How do you convert TPO to Volume profile ?
Which part of the code ?
If you share with us some informations, maybe we can help each other .

zardoz · #20 11-26-2009, 01:24 PM

I did not convert the TPO to Volume. What I do is put the TPO on a vol bar chart. The more vol there is at any price the more bars are created and counted. The results match up very well with the e-signals.

The TPO ELD gives you the 70% (value Area) and the POC so if you put it on a vol bar chart you get these values for volume. Lower the vol per bar more accurate the results.

The magenta lines in the second pic show the developing VAH/L. The dotted magenta line shows POC.

Z