//Market Profile
//version 1.71
// Author Unknown
//
//December 17, 2007
//
//Market Profile based on volume distribution
//Program plots volume at price for various time frames as specified by parameters.
//Program also displays the instantaneous volume and cumulative volume for the chosen time frame at bottom of screen.
//
//
//Known Issues: version 1.71
//Program has been tested with QP data for EOD and eSignal and iqfeed for real time.
//Code works well for EOD data.
//Real time has 2 issues:
// 1. Occasionally display has to be shrunk or expanded to display properly.
// the problem arises from computing the first visible bar and Quick AFL changing the number of bars available
// when time frames are changed or dissplay is shrunk or expanded.
// 2. Real time display is organized in two groups. Display for one full day and display shorter time periods.
// The shorted time periods do not work properly and the opions is inhibited in the parameter settings.
//
//The code is heavy on CPU usage and it is useful to run it once at the end of each bar for real time.
//Compiling code may be useful in speeding up execution.
//
//
//SetBarsRequired(10000,0);
// Functions - Real time data: Compute_RT_Intraday_1, Compute_RT_Daily, Compute_EOD_Weekly,
// Functions - EOD Data: Compute_EOD_Monthly, Compute_EOD_Quarterly
// Functions - FindFirstBar, DataCollect, DataReconstruct, PlotChart, PlotVolumeStats, Plot_POC_UVA_LVA.
// Functions - Verify Volume - Generate error message if volume is not available
// Functions - UpdateDynamicVars - Create names for dynamic variables
// Functions - ComputeDataBlockParms - Compute values for each block. Use start and end markers for blocks
//
//globals. VMP prefix used for all globals so they are unique to this module.

[aaa]

!!! IMPORTANT !!!

Set your market time in the code

Before

//Preferences set to mark time at "06:30" and "13:10"
//Time stamp must be for start of bar
VMP_StartTime = 63000;
VMP_EndTime = 131000;
Minutes_perday = 405;

After
My FUTURE market Time

//Preferences set to mark time at "08:00" and "22:00"
//Time stamp must be for start of bar
VMP_StartTime = 80000;
VMP_EndTime = 220000;
Minutes_perday = 840;

[Mustang-]

Is it available in ELD ?

If not can you post the code.
thanks

[sevensa]

Originally Posted by Mustang- »

Is it available in ELD ?

If not can you post the code.
thanks

To see the code, you can open Amibroker code (.afl) with any text editor. Notepad for example will work.

[aaa]

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Here is the code in Text mode

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[Mustang-]

aaa and sevensa,

thanks

[aaa]

Hi

Found these strategies on the Web

regards

(Category 1)
Trading Methods For Market Profile

Only trade in the direction of the trend (Trend is determined by a rising or falling Point Of Control/POC)

Trade setup #1a:
In a down trending market, when the current session opens below the previous day’s Value Area/VA enter a short trade at the previous day’s lower VA and again at the previous day’s POC/HVL placing a protective stop for both trades 1.5 points above the previous day’s upper VA.
Trade setup #1b:
In an up trending market, when the current session opens above the previous day’s VA enter a long trade at the previous day’s upper VA and again at the previous day’s POC/HVL placing a protective stop for both trades 1.5 points below the previous day’s lower VA

Trade setup #2a:
In a down trending market, when the current session opens within the previous VA enter a short trade at the upper VA placing a stop 1.5 points above the Day Before Yesterday’s/DBY POC or High Volume Level/HVL (the open price must be at least 2 points below the previous days upper VA)
Trade setup #2b:
In an up trending market, when the current session opens within the previous days VA enter a long trade at the lower VA placing a stop 1.5 points below the DBY’s POC/HVL (the open price must be at least 2 points above the previous days lower VA)

Trade setup #3a:
In a down trending market, when the current session opens above the previous days upper VA and below the DBY’s lower VA enter a short trade at the DBY’s lower VA and again at the DBY’s HVL placing a stop for both trades 1.5 points above the DBY’s upper VA (if stopped out on this setup and price remains above the stop level, change directional bias for all category 2 trade setups for the remainder of the day)
Trade setup #3b:
In an up trending market, when the current session opens below the previous days lower VA and above the DBY’s upper VA enter a long trade at the DBY’s upper VA and again at the DBY’s HVL placing a stop for both trades 1.5 points below the DBY’s lower VA (if stopped out on this setup and price remains below the stop level, change directional bias for all category 2 trade setups for the
remainder of the day)

Trade setup #4a:
In a down trending market, when the current session opens above the DBY’s lower VA and below the DBY’s POC enter a short trade at the DBY’s POC and again at the DBY’s upper VA placing a stop 1.5 points abve the DBY’s High Of the Day/HOD (if stopped out on this setup and price remains above the stop level, change directional bias for all category 2 trade setups for the remainder of the day)
Trade setup #4b:
In an up trending market, when the current session opens below the DBY’s upper VA and above the DBY’s POC enter a long trade at the DBY’s POC and again at the DBY’s lower VA placing a stop 1.5 points below the DBY’s Low Of the Day/LOD (if stopped out on this setup and price remains below the stop level, change directional bias for all category 2 trade setups for the remainder of the day)

Profit targets for all trades should be in consideration of the risk of each respective trade and should be placed in consideration of the previous days POC, VA or HVL

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...More in the pdf attachment below

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[Jumbo123]

Can this code be used for tradestation? If not, is there any real time market profile for intra day trading?