Welcome to the Traders Laboratory Forums.
Technical Analysis The technical discussion forum for traders.

Reply
Old 01-07-2008, 12:05 PM   #1

Join Date: Sep 2007
Location: Chicago
Posts: 8
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts



Value Area Lines

I would like to apply value area lines on my 5 min. mini dow chart. My question is are they based on 70% of the volume of prior day's 24 hour period or 8:30 to 3:00 central time?

Thanks.
conr is offline  
Reply With Quote
Old 01-07-2008, 12:11 PM   #2

Sparrow's Avatar

Join Date: May 2007
Location: Vienna/Austria
Posts: 306
Ignore this user

Thanks: 86
Thanked 20 Times in 16 Posts



Re: Value Area Lines

Usually you use only the session time, although I think it has less of an impact on a volume profile than on a market profile(tpo) derived value area. It would be a disaster for a tpo value area but overnight volume might leave the volume based value area mostly intact.

Last edited by Sparrow; 01-07-2008 at 12:22 PM.
Sparrow is offline  
Reply With Quote
Old 01-07-2008, 12:23 PM   #3

Join Date: Sep 2007
Location: Chicago
Posts: 8
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts



Re: Value Area Lines

The reason I'm asking is because a newsletter I receive is giving me numbers for today of 12918 - 13180 which I have no idea how they came up with. I've contacted them but no response.
conr is offline  
Reply With Quote

Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Calculating Value Area Soultrader Market Profile 35 09-19-2011 06:04 AM
Trend lines on an indicator zardoz Technical Analysis 6 04-21-2009 01:37 PM
Gaps in Value area waveslider Market Profile 3 07-25-2007 06:20 PM
What's wrong with my YM value area? notouch Market Profile 9 02-28-2007 09:05 PM
Value Area for DIA Trader_JG Market Profile 15 02-08-2007 08:44 AM

All times are GMT -4. The time now is 05:20 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.