Anonymous

Rough pre-Fed day so far. There was a short on the left side of chart based on No Demand in the body of a WRB and Re-entry into the Value Area on the 15 min chart. Looking for a touch of the POC and possibly a touch of the other side of value. However, it is not shown. I want to focus on this interesting set-up. First take a look at the chart an note that the Bottom Reversal comes on our Psych level of 1.4700. Also not that the Poc (not shown was hit). The rest of the post will focus on what can be seen and makes no reference to the Pivot Profile. Well, maybe one or two . A: Wide Spread down candle, which also happens to be a WRB, closing off its lows on increasing volume. Next bar close up , does not make a lower low and closes on its high on higher volume. This is a Bottom Reversal. If the Dark WRB had been selling then the next bar should not be up. Plus the close should be closer to the low. B: Huge candle. The close is in the lower portion forming a Long Shadow. The close is up from the previous candle and the volume is lower. There was clearly some selling in this bar. C: Down bar on volume less than the previous two bars, closing on its lows and with a lesser range: No Supply. There was selling on the previous bar, but this candle indicates that there is no real desire to go lower. Most of the Selling was likely absorbed therefore on the previous bar. D: This is a Test. Candle trades lower into higher volume territory and closes near its high. The volume, however is higher than the previous bar. This is a sign of strength but we would like to see less volume on a Test candle. As such, we expect a muted up move or sideways action at best. E: No Demand. Price moves up from the Test. The Smart Money is not yet ready to take the market up. They did not like the volume on the Test bar. F: Down bar closing in it upper portion on high volume. This bar is a selling bar. It makes a lower low and not a higher high. Note it trades down below the Test bar. But we know that Strength comes in on down bars. This candle could not be selling with a close in the upper portion like that. Note also that the next bar is down. G: We skip two bars ahead. We have seen a White WRB appear on high volume. The next bar was down but made a higher high and closed near the middle of its range. Then we see a Test. BINGO. We now have a Test that is both within the body of a WRB and within the shadow of a Long Shadow. Notice that the Test candle does not trade lower than the mid-point of the WRBs body. H: No Demand. Narrow range bar with volume less than the previous two bars. Not a sign of weakness at this point. More a sign of immediate disinterest by the BBs (Big Boys). I: Narrow range bar closing on its low on volume higher than the previous bar. This is a Squat. This is an indication of strength. We are expecting the next bar to be up. It was not. It was not down either. J: At the time of the screen shot, we have a narrow range candle with the close on its high on volume less than the previous two bars. The period is still going so it could be a possible Test. This would make sense after the higher volume squat bar that did not have an immediate result. It turns out to be a bullish engulfing candle..........

Monday Jan. 28,2008: Pretty strong trend day once we got started. The day started with some sideways action. Price was moving sideways between the Deviation Range Low (pink line) and the Harmonic Range Low (pink dotted line). I can toggle on and off the Psychlevels and they are on here. These are just certain levels like "00" or "50". So for the Euro a psych level would be 1.4700 or 1.5000. I was just introduced to the idea of using these levels as such and am interested in seeing how they help. At the very least, they can serve to remind me where NOT to place stops.

monad, see my post in the Market Profile section for more info on Pivot Profile. I am going to be posting stuff there........Mentally using MP thread.

I didn't know where to post this so this seems like as good a place as any. It is in the Market Profile section yet broad enough for me to go on a slight tangent. What I have posted here is a Pivot Profile of the Euro for Friday the 25. What That means is this Profile is calculated at the close on Friday and will be used for trading on Monday Jan 27,2008. With my tweaked version of Mark Fisher's Pivot Range, I have tried to create a tool that will closely follow Market Profile. In other words, without actual volume at price data or TPO data, create a similar profile of where price traded on the day. Check out the chart. In a complete profile: 1. Deviation Range High to Deviation Range Low (pink) is the value area. Like Market Profile, it is believed that one standard deviation of price action is contained with this range. Technically one standard deviation is 68. something but most people just round up to 70%. 2. The next range is the Reaction Range. Which goes from the Reaction Range High to the Reaction Range low (light purple). This range contains a bit more of the days action: 80% 3. The Extended Range which is from Extended Range High to Extended Range Low (dark Purple) captures 95% of the days price action. 4. Of course, from high to low (black lines) we have the day's entire range. Now this is a static formula so there are times when certain lines must not be used as they fall outside of the range. This is what we see here. In this case we still have the same ranges but we must adjust them. In this case the Deviation Range Low is the low for ALL the ranges. So we still have an Extended Range, it simply goes from Extended Range High to Deviation Range Low. The Reaction Range goes from Reaction Range High to Deviation Range Low. And of course the Deviation Range remains from Deviation Range High to Deviation Range Low. By simply "eyeballing" it you can see what a good job the Profile does in defining the areas of the trading day. Also not the amount of touches and hit off of the various lines. One of our main contentions is that if an area was important in today's trading, it will be important in tomorrow's trading (all things being equal). Therefore, we can use these lines as likely support/resistance areas for the next day. Like a Market Profile, we expect price to retouch the previous day's POC (yellow line). The original idea was to create a tool to simulate the information found with Market profile. According to Mark, his piovt range is a close approximation of said information. But I now find myself thinking it really doesn't matter how close to a Market Profile value area my numbers are. Why? Because the Pivot Profile can stand on its own. It provides a concise prism through which to view the market.

Yes EuroDollars are the most actively traded contract, maybe in the world. They tend to trend very nicely as well. The rub: most of the time the movement is very little. Large institutions take positions and make money on slight price changes. So the daily range tends to be very small. On a 2 min or 5 min chart it would look like an illiquid stock possibly.

RR: Reaction Range. Those are two different questions. It is possible, even likely, that they differ in a case like this. Are they still relevant to trade with? Yes. Actually, this gets down to the crux of the matter: even if the PivotProfile does not match market profile, an entire way of looking at the market is still created and useful. The PivotProfile still gives us various ranges of where price traded and where support/resistance may be found. More over, it gives me a way to distinguish one "No Demand", for example, over another. The previous example is a case in point. The very astute among you may notice that the No Demand signaling the short trade on the 5 min does not perfect fit into the body of the WRB. So why take the trade? Well, besides the weakness in the background, we have price closing within the Deviation Range (Value Area) for two 15 minute bars. This sets up a "value area trade" along with the trade back to the POC. These are market profile concepts. We can co-opt the concepts. In other words, even if the value area is not the same and the Poc is not the same as actual Market Profile, we still have created a contextual backdrop through which to view the market and filter trades.

Just the Chart right now, analysis may follow but the chart is pretty self explanatory.

Hi BF. All the ones mentioned were just to get poeple thinking about what can be used and to open up the thread to any form used. I use the PivotProfile. It is a mixture of Mark Fisher's Pivot Range and a bit of Murrey Math. The premise comes from Fisher. He stated that his Pivot Range was a good approximation to the Value Area generated by Market Prifile data. The above pic shows what you are talking about. Price is trading on the upper portion of the screen being supported by the Value Area High (DRH). All the lines that are drawn below currently are not relavent and only "scrunch" the price bars (candles). We had a big move in the Euro yesterday so the various ranges are wide. I too would like to hear from others on how they deal with such situations. Other than not drawing a line on the chart that is x ammount of pips/ticks/ away from the current price, what do you guys do?

24 hour currency markets is a red herring. There are only certain times a day that a small trader should be trading. Assume you trade a currency against the U.S. dollar. This is of course the main way currencies are traded. In fact, if you trade two currencies where one is not the dollar, it is called a CROSS rate. Think the dollar is important. Well if it is, then times when the U.S. treasury market is open and the U.S. stock market (NYSE) are open must be too. Right away you can see that trading the GBP/USD pair after 1700 (5pm est.) starts to make less sense. Now you need to add in the type of brokerage firm you are trading with. Even though your firm may "sell" the point of the 24 hr market, many of their clients may trade during more traditional trading hours. Since your trade is either matched against another client or the broker themselves this matters. The fewer people trading on your brokers platform (no centralized exchange) the worse the fills, and the less trending the moves tend to be. Speaking of trends, the high propensity for currencies to trend is their greatest asset for traders. The other thing that is sort of misleading is the no commission hype. Yes there is a cost to trading and it is called the spread. Some futures brokers charge less than $10.00 a round turn. In the forex you are doing good at 2 pip spread: 2*$10.00= $20.00 (euro). If you want to trade forex: 1. Think about a broker that not taking the otherside of the trade. 2. Think about the time you will be trading.** The best time starts at 0200 hrs EST. (which is the London open) and goes to 1200 Est. Unless it is a Fed Day, and then the market can be active until after 1500 (fed announcement at 1400). 3. If you live in the Western part of the U.S. these are less than ideal hours for many. Especially those with families. Then again, it might be worse if you live on the East Coast. But either way, don't think you can come home from a 9-5 and trade after dinner and before Lost starts. 4. Currencies trend. Certainly some try and scalp but a more trend catching approach works better. 5. No centralized exchange. Thus it is hard to the most important data: Volume. The fact that volume is so hard to get in this market, should tell you of its importance: the big boys don't want poeple knowing what they are doing. And with volume, it can be seen. (some brokers offer tick volume and it can be used. Esingal does offer volume based on a certain number of banks. But if you use many broker provided platforms you will not get volume.)

Gold. Just Gold. Very Nice Soultrader. Nice indentification of the Pushing through Supply.

First off, High volume on down bars usually means selling. Unless the volume is excessive. If it is ultra high and a close on or near the low, one needs to look at the next bar. If that next bar is up, then the down bar must of contained buying. Here we do see many Ultra High down bars (prior to the 22) but they have down bars following them. This means the bars are weak. Also there are no Test bars. For one thing the volume during this period is way to high. There could be a failed Test with this high volume, but in this case there is not. The "hammer" on the 22 clearly shows strength (demand entering). It is a down bar that closes in its upper portion on Ultra High Volume. If the volume on that candle represented selling, the close would have to be lower. The candle on the 23 is a STRONG BAR. it closes near its high, does not make a lower low, but makes a higher high (buying bar). What you would be looking for is either a down bar on low volume that trades down into the Long Shadow of the Hammer candle and closes on or near is highs: This would be a test. If the Smart Money is still not yet interested in higher prices, we should see a narrow range up candle on low volume (volume less than the previous two). Remember: markets do not like high volume on up bars. So, while the last candle is strong, there could be no follow through. We may see price move sideways. But at some point should trade back down into the area of the Long Shadow for a test.

Just a quick note on above post. Some of you might not read the VSA thread, so you do not know that unless otherwise stated the charts posted are of the EURO and that the Time frame for the chart shown is 15 min.

Sort of an old dead thread, but I will post here. While I believe the VSA thread is both about VSA itself and incorporating VSA with an individual trader's other tool, I do feel this would be an off topic post in that thread. A lot of the background on the PivotProfile can be found in certain threads, so I will not go into it . That is, unless this thread becomes active and discusses various "pivot" methodologies. Some of which would include, but not be limited to: 1. Floor Pivots 2. Value Area (Market Profile) Pivots 3. Fibonacci 4. Camarilla Pivots 5. Trend clusters 6. Plant harmonic lines 7. Delta 8. Murrey Math 9. Woodie's (of CCI fame) 10. et all. Anyway, this first chart shows a full PivotProfile for a full 24 hr day (1700-1700 Tuesday the 22-Wensday the 23). The black dotted lines are there just to show separate this time period from the rest of the chart. One quick note: in a post on the VSA thread I said price target of 1.4504. The low on this day was 1.4509. My reasoning had to do with the Value Area trade. Which brings us to the purpose of the post. How the Pivot Profile defines the trading day and its "correctness" via Market Profile. The various levels (lines) on this chart HAVE BEEN ADDED AT 1700 - THE END OF THE DAY. Now, one can see many hits and bounces off of these lines. One might go as far as say they are very good. But these lines are done after the day using a static formula. The contention is they SHOULD show you were the market traded on that day. They are, however, used the following day. Of course, to be any good in the next day's trading, they must have some relevance today (all things being equal). I do not want to go into the VSA, there is a great thread for that. Here, I want to focus on the Profile. Specifically, the fact that area from the upper pink line (DRH) to the lower pink line (DRL) is the VALUE AREA. Roughly 95% of the time, according to Mark Fisher, this area should be the same as through Market Profile. The middle of the Value Area is the Point of Control. Price wants to trade to that high volume level on subsequent days. The second chart depicts trading later on in the market. You can see that the London open is included as well as the lower volume/slower time before its open. Note how price narrows and coils around the POC and is supported/resisted in the Deviation Range (Upper Pink line to Lower Pink line). Of course, is support or resistance always held, there would be no trends. But our focus is on the apparent role the POC and all other lines/areas play in trading going forward.

Just an updates shot with the POC on the 5 min. Again it was touched. In fact we are trading just below it as of this screen shot. Green lines are stop placements levels. I have no idea what the market will do, I let it take me where its going. Having said that, the Deviation Range Low (Value Area Low) is 1.4504. That would be the next price target based on the 80% rule trade.

Yes and No. Actually, Yes, if you believe the work done by Mark Fisher. The Pivot Profile is my tweaked version of his Pivot Range. He contends that the Pivot Range give the same area as Market Profile roughly 95% of the time. When I heard that, a light went off. Being a believer in Market Profile, but not have data available, I took the Pivot Range and set out to make it better and even more akin to Market Profile. Some will notice that the colors used are a direct reflection of the Enthios Price Histogram. Enthios talks a lot about some key Market Profile concepts. One of which is the retouch of the previous day's POC. This is also where I first saw the term Virgin POC: a POC that has NOT been touched (insert own sexual innuendo here). Anyway, Mark's formula for the Pivot Range do only use High, Low, Close data. I added to the formula and made a small change. The language I use is directly from Market Profile because that is what I am attempting to emulate. Ironically, how close of an approximation it is to an actual Market Profile matters little. Why? Because all I have to do is focus on what the Smart Money is doing around these levels. And time and time again there is Smart Money activity around the levels. Time and time again, the market will trade back to the POC (see below). YH:=HIGH1; YL:=low1; POC:=(high1 + low1 + (2*close1) ) / 4; PivotDiff:= POC-(high1+low1)/2; DRHb:= POC+PivotDiff; DRLb:= POC-PivotDiff; RRHb:= POC+(1.750*PivotDiff); RRLb:= POC-(1.750*PivotDiff); ERHb:= POC+(2.875*PivotDiff); ERLb:= POC-(2.875*PivotDiff); ERH:=If(ERHb>High1 or ERHb<Low1,Null,ERHb); RRH:=If(RRHb>High1 or RRHb<Low1,Null,RRHb); DRH:=If(DRHb>High1 or DRHb<Low1,Null,DRHb); DRL:=If(DRLb>High1 or DRLb<Low1,Null,DRLb); RRL:=If(RRLb>High1 or RRLb<Low1,Null,RRLb); ERL:=If(ERLb>High1 or ERLb<Low1,Null,ERLb); What you end up with are lines (Areas) that do a good job of defining where the market traded that day. In other words, at the close of trading on Tuesday (1700 by my broker) a New Profile is calculated and applied to Wednesday. Take a look at my previous post, the one I said pay no attention to. Note how the line do indeed define where volume and price were heaviest. The bottom portion of the code is used to keep lines off where price did not trade that day. That is, the Extended Range High (ERH) should only be drawn if it is less than the day's high (YH). That is why the profile below has some levels below the Value Area (defined as the Deviation Range (pink lines) and not above them. On to the chart below. First note the low volume time that trades between the black line (YH) and the Deviation Range High (DRH) or the top of the Value Area. Price then falls into the Value Area. We then get a No Supply as price moves out. The next thing we get is a Squat at the top of the Black line which send price down back into the Value Area. At that same time, we see a squat on the 5 min that pushes down price as supply enters. We get the second Dark WRB to engulf a Test bar further showing weakness. The trade. Price makes a move back up. Notice that as price tries to exit the Value Area we see a No Demand sign. Up bar on a narrow range closing off its highs and making a higher high on volume less than the previous two bars. On the 5 min, we see a squat within the range of a WRB. High volume WRB with a squat within the range of its body (I think I have said that before ). Price wants to do what it failed to do before: trade down to the POC (yellow line). It does. It may not be an actual Market Profile, but the trade is based on concepts from Market Profile. In fact, the next target would be to touch the lower pink line (Deviation Range Low) as this would be the 80% Value Area trade from Market Profile. Which states, that 80% the market trades outside the Value Area then reenters, it trades to the opposite side of the Value Area. The trade from yesterday used this concept. P.S. Mark uses (H+L+C)/3

Great job Soultrader. Sometimes the site updates leave feeling like a crack addict jonesin' for a fix, but otherwise this is the place to be. Keep it up. And thanks to all the members for insightful and usually pleasent posts.

Just a chart dump. Pay no attention: it does look good though.

Just an updated look at the 15 min (trend) chart. Need to work on stop placement :doh:

My Bad ladies and gents. I posted an older version of the code. Here is the up to date version used. VolAve:=Mov(V,30,S); HV:=MOV(V,30,S)+(1.0*STDEV(V,30)); SHV:=MOV(V,30,S)+(2.0*STDEV(V,30)); UHV:=MOV(V,30,S)+(3.0*STDEV(V,30)); EHV:=MOV(V,30,S)+(4.0*STDEV(V,30)); NoDemand:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<Ref((H-L),-1) and C=O and C=H and C>ref(C,-1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<Ref((H-L),-1) and C=O and C=L and C<ref(C,-1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand1:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<Ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoDemand=0,1,0); NoSupply1:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<Ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoSupply=0,1,0); NoDemand2:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<Ref((H-L),-1) and C=O and C=L and C>ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoDemand=0,1,0); NoSupply2:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<Ref((H-L),-1) and C=O and C=H and C<ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoSupply=0,1,0); NoDemand3:=If(H>ref(H,-1) and L>=ref(L,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and NoDemand=0 and NoDemand1=0 and NoDemand2=0,1,0); NoSupply3:=If(L<ref(L,-1) and H<=ref(H,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and NoSupply=0 and NoSupply1=0 and NoSupply2=0,1,0); NoDemand4:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2) and NoDemand=0 and NoDemand1=0 and NoDemand2=0,1,0); NoSupply4:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2) and NoSupply=0 and NoSupply1=0 and NoSupply2=0,1,0); NoDemand5:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply5:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand6:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply6:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand7:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply7:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand8:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C>ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C>ref(C,+3) and H>=ref(H,+1) and H>=ref(H,+2) and H>=ref(H,+3) and V<ref(V,-1) and V<ref(V,-2) and NoDemand=0 and NoDemand1=0 and NoDemand2=0,1,0); NoSupply8:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C<ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C<ref(C,+3) and L<=ref(L,+1) and L<=ref(L,+2) and L<=ref(L,+3) and V<ref(V,-1) and V<ref(V,-2) and NoSupply=0 and NoSupply1=0 and NoSupply2=0,1,0); NoDemand9:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C>ref(C,+3) and H>=ref(H,+1) and H>=ref(H,+2) and H>=ref(H,+3) and V<ref(V,-1) and V<ref(V,-2) and NoDemand=0 and NoDemand1=0 and NoDemand2=0 and NoDemand8=0,1,0); NoSupply9:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C<ref(C,+3) and L<=ref(L,+1) and L<=ref(L,+2) and L<=ref(L,+3) and V<ref(V,-1) and V<ref(V,-2) and NoSupply=0 and NoSupply1=0 and NoSupply2=0 and NoSupply8=0,1,0); NoDemand10:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C>ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C>ref(C,+3) and H>=ref(H,+1) and H>=ref(H,+2) and H>=ref(H,+3) and V<ref(V,-1) and V<ref(V,-2) and NoDemand=0 and NoDemand1=0 and NoDemand2=0 and NoDemand8=0,1,0); NoSupply10:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C<ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C<ref(C,+3) and L<=ref(L,+1) and L<=ref(L,+2) and L<=ref(L,+3) and V<ref(V,-1) and V<ref(V,-2) and NoSupply=0 and NoSupply1=0 and NoSupply2=0 and NoSupply8=0,1,0); NoDemand11:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C>ref(C,-1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply11:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C<ref(C,-1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand12:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoDemand11=0,1,0); NoSupply12:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoSupply11=0,1,0); NoDemand13:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C>ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoDemand11=0,1,0); NoSupply13:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C<ref(C,-1) and V<ref(V,-1) and V<ref(V,-2) and NoSupply11=0,1,0); NoDemand14:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and NoDemand11=0 and NoDemand12=0 and NoDemand13=0,1,0); NoSupply14:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and NoSupply11=0 and NoSupply12=0 and NoSupply13=0,1,0); NoDemand15:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2)and NoDemand11=0 and NoDemand12=0 and NoDemand13=0,1,0); NoSupply15:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2)and NoSupply11=0 and NoSupply12=0 and NoSupply13=0,1,0); NoDemand16:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply16:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand17:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply17:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand18:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply18:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand19:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C>ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C>ref(C,+3) and H>=ref(H,+1) and H>=ref(H,+2) and H>=ref(H,+3) and V<ref(V,-1) and V<ref(V,-2) and NoDemand11=0 and NoDemand12=0 and NoDemand13=0,1,0); NoSupply19:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C<ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C<ref(C,+3) and L<=ref(L,+1) and L<=ref(L,+2) and L<=ref(L,+3) and V<ref(V,-1) and V<ref(V,-2) and NoSupply11=0 and NoSupply12=0 and NoSupply13=0,1,0); NoDemand20:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C>ref(C,+3) and H>=ref(H,+1) and H>=ref(H,+2) and H>=ref(H,+3) and V<ref(V,-1) and V<ref(V,-2) and NoDemand11=0 and NoDemand12=0 and NoDemand13=0 and NoDemand19=0,1,0); NoSupply20:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C<ref(C,+3) and L<=ref(L,+1) and L<=ref(L,+2) and L<=ref(L,+3) and V<ref(V,-1) and V<ref(V,-2) and NoSupply11=0 and NoSupply12=0 and NoSupply13=0 and NoSupply19=0,1,0); NoDemand21:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C>ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C>ref(C,+3) and H>=ref(H,+1) and H>=ref(H,+2) and H>=ref(H,+3) and V<ref(V,-1) and V<ref(V,-2) and NoDemand11=0 and NoDemand12=0 and NoDemand13=0 and NoDemand19=0,1,0); NoSupply21:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C<ref(C,-1) and C=ref(C,+1) and C=ref(C,+2) and C<ref(C,+3) and L<=ref(L,+1) and L<=ref(L,+2) and L<=ref(L,+3) and V<ref(V,-1) and V<ref(V,-2) and NoSupply11=0 and NoSupply12=0 and NoSupply13=0 and NoSupply19=0,1,0); NoDemand22:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply22:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand23:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=H and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply23:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand24:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply24:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand25:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=H and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoSupply25:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=L and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2),1,0); NoDemand26:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2) and NoDemand25=0,1,0); NoSupply26:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2) and NoSupply25=0,1,0); NoDemand27:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2),1,0); NoSupply27:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2),1,0); NoDemand28:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C=ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2),1,0); NoSupply28:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C=ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2),1,0); NoDemand29:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C=ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2),1,0); NoSupply29:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C=ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2),1,0); NoDemand30:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C=ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2),1,0); NoSupply30:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C=ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2),1,0); NoDemand31:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C=ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2),1,0); NoSupply31:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C=ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2),1,0); NoDemand32:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C=ref(C,-1) and C=ref(C,+1) and C>ref(C,+2) and H>=ref(H,+1) and H>=ref(H,+2) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2) and NoDemand31=0,1,0); NoSupply32:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C=ref(C,-1) and C=ref(C,+1) and C<ref(C,+2) and L<=ref(L,+1) and L<=ref(L,+2) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2) and NoSupply31=0,1,0); NoDemand33:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=H and C=ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2),1,0); NoSupply33:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=L and C=ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2),1,0); NoDemand34:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C=ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2) and NoDemand33=0,1,0); NoSupply34:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C=ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2) and NoSupply33=0,1,0); NoDemand35:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=L and C=ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)>Ref(C,-2) and NoDemand33=0,1,0); NoSupply35:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=H and C=ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V<ref(V,-2) and Ref(C,-1)<Ref(C,-2) and NoSupply33=0,1,0); NoDemand36:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoSupply36:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoDemand37:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoSupply37:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoDemand38:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoSupply38:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoDemand39:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoSupply39:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V=ref(V,-1) and V<=ref(V,-2),1,0); NoDemand40:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); NoSupply40:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); NoDemand41:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); NoSupply41:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); NoDemand42:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); NoSupply42:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); NoDemand43:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); NoSupply43:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V<ref(V,-1) and V=ref(V,-2),1,0); SquatU:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and V>ref(V,-1) and V>=EHV,1,0); SquatD:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and V>ref(V,-1) and V>=EHV,1,0); SquatU1:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and V>ref(V,-1) and V>=EHV,1,0); SquatD1:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C=O and V>ref(V,-1) and V>=EHV,1,0); SquatU2:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=H and V>ref(V,-1) and V>=EHV,1,0); SquatD2:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C<>O and C=L and V>ref(V,-1) and V>=EHV,1,0); SquatU3:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and V>ref(V,-1) and V>=EHV,1,0); SquatD3:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and V>ref(V,-1) and V>=EHV,1,0); SquatU4:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=L and V>ref(V,-1) and V>=EHV,1,0); SquatD4:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C<>O and C=H and V>ref(V,-1) and V>=EHV,1,0); SquatU5:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatD5:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatU6:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatD6:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C=O and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatU7:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=H and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatD7:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C<>O and C=L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatU8:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatD8:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatU9:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C<>O and C=L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatD9:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C<>O and C=H and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV,1,0); SquatU10:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatD10:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatU11:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatD11:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatU12:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatD12:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatU13:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatD13:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatU14:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=H and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatD14:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C=O and C=L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV,1,0); SquatU15:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and SquatU14=0,1,0); SquatD15:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and SquatD14=0,1,0); SquatU16:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)=ref((H-L),-1) and C=O and C=L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and SquatU14=0,1,0); SquatD16:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)=ref((H-L),-1) and C=O and C=H and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and SquatD14=0,1,0); SquatU17:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<SHV and V>=HV,1,0); SquatD17:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<SHV and V>=HV,1,0); SquatU18:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<HV,1,0); SquatD18:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<HV,1,0); SquatU19:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<HV and SquatU18=0,1,0); SquatD19:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<HV and SquatD18=0,1,0); SquatU20:=If(H>ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<HV and SquatU18=0,1,0); SquatD20:=If(L<ref(L,-1) and H<=ref(H,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<HV and SquatD18=0,1,0); SquatU21:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and V>ref(V,-1) and V>=EHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD21:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and V>ref(V,-1) and V>=EHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU22:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and V>ref(V,-1) and V>=EHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD22:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and V>ref(V,-1) and V>=EHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU23:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and V>ref(V,-1) and V>=EHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD23:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and V>ref(V,-1) and V>=EHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU24:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and V>ref(V,-1) and V>=EHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD24:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and V>ref(V,-1) and V>=EHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU25:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD25:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU26:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD26:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU27:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD27:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=((H-L)*0.5)+L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU28:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD28:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C<>O and C=H and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<EHV and V>=UHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU29:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD29:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU30:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD30:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU31:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)>Ref(C,-2) and SquatU30=0,1,0); SquatD31:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)<Ref(C,-2) and SquatD30=0,1,0); SquatU32:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)>Ref(C,-2) and SquatU30=0,1,0); SquatD32:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)<Ref(C,-2) and SquatD30=0,1,0); SquatU33:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)>Ref(C,-2),1,0); SquatD33:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)<Ref(C,-2),1,0); SquatU34:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)>Ref(C,-2) and SquatU33=0,1,0); SquatD34:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=((H-L)*0.5)+L and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)<Ref(C,-2) and SquatD33=0,1,0); SquatU35:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=L and C>ref(C,-1) and C>ref(C,+1) and H>=ref(H,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)>Ref(C,-2) and SquatU33=0,1,0); SquatD35:=If(H<=ref(H,-1) and L>=ref(L,-1) and (H-L)<ref((H-L),-1) and C=O and C=H and C<ref(C,-1) and C<ref(C,+1) and L<=ref(L,+1) and V>ref(V,-1) and V<UHV and V>=SHV and Ref(C,-1)<Ref(C,-2) and SquatD33=0,1,0);[/Code]

Thrunner; Your chart reminds me of a bad acid trip I once had. LOL. Thanks for the info. You are correct about large traders having some systemic advantages.

This post is taking a bit longer than I had hoped. I guess the haters can still hate . Trade Concept: 1. Retouch of previous day's Point of Control (POC) 2. 80% Value Area trade. 3. Low volume sign within the range of a Wide Range Body. Okay, We look left to trade right. Many will notice that the PivotProfile is on the trend (15 min) chart. I love this tool. I call this a poor man's Market Profile tool. I wont go into the history/development here as I want to get the post posted. However, I will note that it is based on Mark Fisher's pivot range, which he says is 95% the same as an actual market profile. First note the squat bar on the 15. The very next bar is a selling bar (lower low and a equal or lesser high) on volume less than the previous two bars. In short, a Test. Now, some may of been able to get in here and more power to them. I prefer a higher probability set up. Skip up to the No Demand bar. Notice how price did not touch the Yellow line (poc). It did however, close beyond the lower pink line. The Deviation Range Low (DRL). This is the Value Area (a) low. So this makes two bars that have closed within the previous day's value area after trading outside of it. This sets up the 80% rule trade. 80% of the time price trades outside the Value Area and then trades back within it, it will trade to the other side of value. In this case to the Deviation Range High (DRH)- upper pink line. This becomes our second price target. The POC itself, is the first. Because of the tendency of the market to retouch the previous days Point of Control. Check out the very next bar after the No Demand. It is No Supply. What you see is that while the bar trades below the Value Area, it closes within it. This is true of the following bar which confirms the No Supply Bar. Let's jump over to the 5 min. We have a WRB. Not a large one but a WRB none the less. We then get a Test that is within the body of the WRB. NOTE THAT THE TEST IS CONFIRMED ON THE NEXT BAR WHICH IS THE EXACT TIME THE NO SUPPLY IS CONFIRMED ON THE 15 MIN CHART. So we have our set up on the 5 min and a valid reason to take the trade on the 15, even though the 15 does not have a WRB set up or a high volume down bar where demand would of entered.

Wanted to get the pic in as soon as possible. Explaination in a different thread.

BACK TO BASICS: Just wanted to post this pic to remind/inform everyone about the essence of Volume Spread Analysis. If we ever get a FAQs thread this post should be included there too. We see a down candle (close less then previous close) on Ultra High Volume that closes off its lows with the next bar down. If all that volume was selling, then how can the next bar be up? If all that volume was selling, how can the close not be on the low? So who is buying amidst all the selling? The Smart Money. That group of professionals that always seem to be on the right side of the market. Because of their size, they leave tracks that we can follow and those tracks are in Volume, Spread, and Price.

quick shot: Notice the No Demand at Yesterday's (Friday's) low. Clearly trading outside of the Value Area.

Mister ed, are you game enough to tackle a FAQs post(s)? LOL.