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WOW.... I have been dying to get my hands on MP for Tradestation. Is there any chance I can use it for my platform with your permission? |
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Soultrader, the attached TradeStation ELD file contains code that draws the daily Market Profile graphic. I haven't tested it on every market though. It creates the Market Profile in real-time; however, if you see any discrepancy in the Market Profile for the current day, just reapply the indicator. The indicator is currently password protected, but I may open up the code at a later time. Below is a sample of a chart with Market Profile study applied to it.
In general, the indicator is easy to use and is intended for use on intraday charts less than or equal to 30 minutes. Let me know if you have any problems with the files. Enjoy.
Some additional info:
// MarketProfile: Generates Daily Market Profile
//
// Supporting functions: CountTPOs(), CalcPOC(), CalcValueArea(), PlotMarketProfile(), and GetArrayIndex()
//
// Note: The Market Profile graphic is updated in REAL-TIME and starts
// drawing on the second bar of the day. Make sure that there is
// enough bars in the chart to successfully plot this indicator (according
// MAXBARSBACK).
//
// To determine the recommended value of the ArraySz parameter, run
// this indicator with the GetArraySz parameter set to true and view the
// EasyLanguage Output Bar. When this parameter is enabled, the profile
// will not be drawn.
//
// Intended for use on 30min charts, but may be used on intraday charts from
// 1 to 30 mins.
P.S. How do I post charts/images so that they display larger? Thanks.
EDIT: The latest Market Profile indicator has been posted in the Trading Indicators forum.