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Sort of Market Profile indicator

  #31 (permalink)
 Michael.H 
CA
 
Experience: Master
Platform: Marketdelta and Ninja
Broker: Velocity
Trading: NQ
Posts: 663 since Apr 2010
Thanks Given: 64
Thanks Received: 529

Thanks, i actually took that trade in the skype trading room this afternoon, you should stop by... btw, i forgot to mention that in regular TPO charts, the value area's are based on the 2*sigma. On volume TPO charts, thats not usually the case. On the ES, the POC today is 91, higher value is 94(3 points above), and lower value is 85(6 points below POC)


Can you help answer these questions
from other members on NexusFi?
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How to apply profiles
Traders Hideout
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REcommedations for programming help
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  #32 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,463 since Jun 2009
Thanks Given: 33,237
Thanks Received: 101,661

gomi, your popularity is now even spreading into the EasyLanguage MultiCharts realm

TS SUPPORT :: View topic - Gomcd for NinjaTrader



Mike

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  #33 (permalink)
 Michael.H 
CA
 
Experience: Master
Platform: Marketdelta and Ninja
Broker: Velocity
Trading: NQ
Posts: 663 since Apr 2010
Thanks Given: 64
Thanks Received: 529


He deserves every credit.... He really is the best. I don't know how he does it.

  #34 (permalink)
 Michael.H 
CA
 
Experience: Master
Platform: Marketdelta and Ninja
Broker: Velocity
Trading: NQ
Posts: 663 since Apr 2010
Thanks Given: 64
Thanks Received: 529

Any updates as to being able to display the value area and POC.... im trying to use another indicator, but it seems to eat up resources... Gom indicators seem to be very reliable so far

  #35 (permalink)
 zt379 
UK London
Market Wizard
 
Platform: NT
Posts: 2,071 since Sep 2009
Thanks Given: 1,584
Thanks Received: 1,974

Gomi.
A request if I may.
Could the volume profiles (especially for when Daily Bar Mode is set to FALSE) have the price with the highest volume highlighted?
Perhaps as a different outline colour?
A high volume node in effect.
Many thx

  #36 (permalink)
 Michael.H 
CA
 
Experience: Master
Platform: Marketdelta and Ninja
Broker: Velocity
Trading: NQ
Posts: 663 since Apr 2010
Thanks Given: 64
Thanks Received: 529

zt379.. your referring to the POC which i already mentioned.... I believe its in the works, but i remember reading that Gomi might be on vacation this week on another post.

  #37 (permalink)
 Zsolt 
bp
 
Experience: Beginner
Platform: ninjatrader
Posts: 29 since Jul 2009
Thanks Given: 1
Thanks Received: 1

Well, to me it is not plotting anything on NT7. GOMPackege is installed, and working. Tried, on 4ticks wickedrenko, 60min, and 5min periods.

The sample pictures are from nt6.5?

  #38 (permalink)
 zt379 
UK London
Market Wizard
 
Platform: NT
Posts: 2,071 since Sep 2009
Thanks Given: 1,584
Thanks Received: 1,974


Michael.H View Post
zt379.. your referring to the POC which i already mentioned.... I believe its in the works, but i remember reading that Gomi might be on vacation this week on another post.

Micheal..Hi..
Yes I was asking for a POC but more specifically on the "per bar" profiles.
I'm hopeless with script writing so wasn't sure if it was less involved (easier for Gomi)
than the larger VA's and POC.

Many thx..

  #39 (permalink)
 Michael.H 
CA
 
Experience: Master
Platform: Marketdelta and Ninja
Broker: Velocity
Trading: NQ
Posts: 663 since Apr 2010
Thanks Given: 64
Thanks Received: 529

zsolt, you gotta make sure you have bid ask data for it to work. Make sure its recording. If not, it won't work.
zt379, i think if he does POC for daily, it should be pretty simple as per bar(i guess, i know nothing about programming). If you want per bar POC only, you might as well use the gomladder, since that does show the per bar POC...
Hope that helps, and in the end, its all up to GOmi, since he's putting his time into these, and he's not asking anything for return(mighty noble imo)....
However i do think that MP is a very reliable tool and a great addition to trading. I've even talked to other traders, and even though they don't use MP(other methods are used such as cum delta or volatility analysis) it turns out that we are all looking at the same thing(in terms of value areas or areas of interest)... i always thought that was interesting.

Thanked by:
  #40 (permalink)
 gomi 
Paris
Market Wizard
 
Experience: None
Platform: NinjaTrader
Posts: 1,270 since Oct 2009
Thanks Given: 282
Thanks Received: 4,505


Here's a new version that adds POC and VAs.
It should correct a bug on some time zones as well

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