Volume Profile and Market Profile a new wave of market picture

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XRAY27

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Bro,
Is the afl changing yesterday's VA lines by a few points either way? The line I drew in the morning is slightly different than what the AFL is showing now.
my one is not changing !!! there is TYPO in morning values of POC read it as 8622 it is not 8612
 

XRAY27

Well-Known Member
Please make back up of this thread in PDF as images don't have any guarantee :D :D
 
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wisp

Well-Known Member
my one is not changing !!! there is TYPO in morning values of POC read it as 8622 it is not 8612
mine was also 8622 in the morning, but now it is 8620



OK, it was perhaps my fault, I changed the number of First letter bars, so it changed the values. Bac to normal now

 

XRAY27

Well-Known Member
mine was also 8622 in the morning, but now it is 8620



OK, it was perhaps my fault, I changed the number of First letter bars, so it changed the values. Bac to normal now

Check density it should be 3 !!!
Den = Param("Density", 3, 0.25, 100, 0.25); // Resolution in terms of $
 

amitrandive

Well-Known Member
Naked POC: It is a POC from a previous days that price has not returned to on any of the following days.

Since POC is point were price has retured max times ,it will act as magnet and any untouched POC (Naked/virgin) will pull the price to that level
Just final picture with All zones of D and S and MP ...

Deception zone :zone where there is no support of va's or poc's



Note : Zones are manually drawn


In case of VP( Volume Profile study) then same rules below is the previous post from demand supply thread

http://www.traderji.com/technical-analysis/99967-demand-supply-zone-trading-18.html#post1135509
Daily NPOC , is it manually drawn or by AFL ?
 

XRAY27

Well-Known Member
Daily NPOC , is it manually drawn or by AFL ?
Amit !! it is "POC" which is untouched at that in the above case it is weekly also... we have to check in that manual untouched "POC".. i don't found proper AFL for that NPOC...

if found in daily then its NPOC ,if we wound that in weekly then it is weekly NPOC... as i said these acts as magnets and price often comes there !!!!
 

XRAY27

Well-Known Member
The most useful characteristic of Market Profile is how it paints the picture of acceptance and rejection of price over time.
Just Morning opening and IB told it will be a balance day ( non trending) holding that 80 % rule,done two trades one ended in minor loss and another was good one !!! red and green lines are VAL and VAH blue is POC

 
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XRAY27

Well-Known Member
NPOC :Naked Point Of Control

I think some confusion is there in understanding NPOC & as requested by members i’m once again explaining this concept in details

Naked POC: a POC from previous days trading range that price has not returned to on any following days.
So in any given day if market was traded above or below the POC with out touching it …then for next day it will be a naked POC …

If we see daily profile in 30 mins we get poc of daily and if that was not touched it will be come daily NPOC and Weekly NPOC and as per MP theory they act like magnets and price drifts to there location



Just see Day 1 DPOC of will be next day POC on that day 2 market action never touched POC 1 so that makes it Naked POC ,

in same way day 2 POC was not touched on day 3 and day 4 poc was untouched on Day 5 these NPOC's acts as magnets and price pulls to then as per profiler language

Hope this clears all the doubts now !!!
 
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The most useful characteristic of Market Profile is how it paints the picture of acceptance and rejection of price over time.
Just Morning opening and IB told it will be a balance day ( non trending) holding that 80 % rule,done two trades one ended in minor loss and another was good one !!! red and green lines are VAL and VAH blue is POC

Thanks for sharing your valuable insights on MP. I am in learning phase of it .I was going through your posts and had some queries -

Balanced days have wide base i.e. initial balance. How much wide (ticks) you look for to determine it as balanced day?

On balanced day how do you decide the overall bias? I mean whether to sell at high or buy at low ? Is it according to preceding trend (trend of last N days) ?
 

XRAY27

Well-Known Member
Thanks for sharing your valuable insights on MP. I am in learning phase of it .I was going through your posts and had some queries -

Balanced days have wide base i.e. initial balance. How much wide (ticks) you look for to determine it as balanced day?

On balanced day how do you decide the overall bias? I mean whether to sell at high or buy at low ? Is it according to preceding trend (trend of last N days) ?
Thanks for following this thread Amit gunjan !!!!

if first 1 hour of trade in case we are just in the previous day VA range then (open and closed with in that range) we can presume that day 80% chances are

there which will end up as non trending day profiler term balanced ...go through entire thread you will understand every part of it...
 
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