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mdtmn
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Posts posted by mdtmn
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Why not have a look at the Fin-Alg ,Market Profile product
http://www.fin-alg.com/tpo_help.html
try it for 7 days free, if it doesn't fill your needs , nothing lost .
cheers
Michael B
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Hi Kiwi,
Thanks, yes at present am looking at volume areas to be established, in conjunction with price,( as per your chart) then the price to test and re test, with intra day MP and order flow on MD
Appreciate your input as always on this and the other forums
MichaelB
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Hi Kiwi,
Besides Frank's material ,using the MP for structure of the market,
would you , could you if possible point me in a direction that I may explore for actual market entry , the trigger, in the area's identified by the BT material .
Thanks
Michael B
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Why not go to his web site and email him with your questions and request a link to his recent web cast that was recorded. Be clear on what you are looking for and read the material available on his web site to see if what is available suits your needs.
I have found Frank very generous and helpful in my journey to be a trader
cheers
Michael B
Cumulative Volume(Delta Buy/Sell) Indicator
in Market Profile
Posted
Hi All,
This indicator was posted by Ben, for use with NT
"Delta Buy/Sell Volume, Tick volume or Tick count
Hello everyone,
I've made a sweeping change to the cumulative delta indicator and posted it to this message. It is one indicator that lets you choose from the following 3 cumulative delta types:
1) Bid/Ask Volume
This is cumulation of the volume at the Ask - volume at the Bid
2) UpTick/DownTick Volume
This is the cumulation of the volume on upticks - volume on downticks
3) Tick Count
No volume in this calculation, just the sum of upticks - downticks
I believe this is a more efficient handling of the incoming market data and it may lead to resolving some of the "discrepancies" in the cumulative calculation. Please test it and report back to this thread.
Another enhancement in this version is you can completely turn-off the individual bar delta values (which were plotted as green and red dots in prior versions). This will prevent any undesirable scaling issues with the panel.
Let me know if you have any questions! Please test this indicator and report back.
Enjoy!
Ben
Attached Files
File Type: zip CumulativeVolumeOrTick.zip (3.1 KB, 159 views)
Last edited by sbgtrading : 04-15-2008 at 05:25 AM. "
Does anyone here use Cumulative Volume(Delta Buy/Sell) indicator in conjunction with Market Profile, and if so ,would it be possible to comment on how they have used it ?
Thanks in advanced for any feed back
Cheers
Michael Bethell