Volume Profile and Market Profile a new wave of market picture

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rpsvinod

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Very Proud XRAY27:thumb:, nearly 6 months interaction leads to clear picture of this concept.Anyway Still I feel very amateur for this MP.

Page No: 1
Page No: 101, Still digging this thread.

RPS. VINOD
 
XRAY27

XRAY27

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#1,002
#1,002
rpsvinod said:
Very Proud XRAY27:thumb:, nearly 6 months interaction leads to clear picture of this concept.Anyway Still I feel very amateur for this MP.

Page No: 1
Page No: 101, Still digging this thread.

RPS. VINOD
Click to expand...
Vinod !!! i just added which i derived from books, and i do trading with static DP's of previous day..not using current days why ?? it simply leads to subjectivity decision IMO ,some have understand it..they feel happy and some unable to understand ,they move in there journey for better one..basically MP is not trading system, but factual dp for trading.

i do have bigger plans in terms of trading for next F Y..how much i can spare for forum is bit question mark
 
vijkris

vijkris

Learner and Follower
#1,003
#1,003
XRAY27 said:
Vinod !!! i just added which i derived from books, and i do trading with static DP's of previous day..not using current days why ?? it simply leads to subjectivity decision IMO ,some have understand it..they feel happy and some unable to understand ,they move in there journey for better one..basically MP is not trading system, but factual dp for trading.

i do have bigger plans in terms of trading for next F Y..how much i can spare for forum is bit question mark
Click to expand...
Trading Foreign Markets kya ?
Or becoming a Fund Manager ?
 
XRAY27

XRAY27

Well-Known Member
#1,004
#1,004
vijkris said:
Trading Foreign Markets kya ?
Or becoming a Fund Manager ?
Click to expand...
kud ka fund manager with increased qty :D :D , i do have offers for FM ,but not interested;)
 
Smart_trade

Smart_trade

Moderator
#1,006
#1,006
XRAY27 said:
kud ka fund manager with increased qty :D :D , i do have offers for FM ,but not interested;)
Click to expand...
Dont become FM.....if you take up Finance Minister assignment, who will teach us MP ?? and who will give VAL/VAH Values everyday ??

Smart_trade
 
XRAY27

XRAY27

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#1,007
This was the post of yesterday..today bingo va gap !!! in bnf ,

XRAY27 said:
Volume divergence in Bank nifty

Click to expand...
off course same mode is found in nifty spot ,but not a classic va gap..through entry after IB was nice

baba market once gain proved volume expansion and price contraction will give explosives moves :lol:
 
XRAY27

XRAY27

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Smart_trade said:
Dont become FM.....if you take up Finance Minister assignment, who will teach us MP ?? and who will give VAL/VAH Values everyday ??

Smart_trade
Click to expand...
:lol::lol:
 
travi

travi

Well-Known Member
#1,009
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Xray bhai, how are the red & green colours on the volume bar supposed to be interpreted?
I mean, volume is a TF increment only value that completes a transaction, so the number of buys will be equal to sell.
Therefore is the red:green ratio the TBQ:TSQ or something like that ?
 
XRAY27

XRAY27

Well-Known Member
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#1,010
travi said:
Xray bhai, how are the red & green colours on the volume bar supposed to be interpreted?
I mean, volume is a TF increment only value that completes a transaction, so the number of buys will be equal to sell.
Therefore is the red:green ratio the TBQ:TSQ or something like that ?
Click to expand...
That buysell is based on MA 30 in volume chart.. sell volume+buy volume = total volume i'e in your words red:green ratio the TBQ:TSQ, i need this to see other volume divergences only i use on EOD chart..i think i have shared all this through various images but imgur effect all out :mad:

as i said

volume expansion and price contraction will give explosives moves :lol:

check the afl which i already shared

Code: 
_SECTION_BEGIN("BUYSELL VOL");
SetBarsRequired(sbrAll,sbrAll);
 
// BUYING VOLUME AND SELLING VOLUME //
 
BV = IIf( (H==L), 0, V*(C-L)/(H-L) );
SV = IIf( (H==L), 0, V*(H-C)/(H-L) );
 
PlotOHLC(SV,SV,0,0,"Sell Volume",colorRed,styleCandle|styleNoTitle|styleNoLabel );
PlotOHLC(SV,BV+SV,SV,BV+SV,"Buy Volume",colorBrightGreen ,styleCandle|styleNoTitle|styleNoLabel );
 
Va = MA(V,30);
 


 
VI = V/Va;
 
Title = "SellVolume:"+WriteVal(SV,5.0)+"   "+"BuyVolume:"+WriteVal(BV,5.0)+"   "+"VolumeIndex:"+WriteVal(VI,1.2)+"   "+
"BuyVolume:"+WriteVal(100*BV/(BV+SV),2.0)+"%"+"   "+"SellVolume:"+WriteVal(100*SV/(BV+SV),2.0)+"%";
_SECTION_END();

visit this thread for volume study , it is excellent work from Anil trivedi sir !!!

http://www.traderji.com/technical-analysis/69380-charts-day.html
 
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