Tomasz, With the volume profile, is it possible to provide a means to use the peak value of it? I am thinking of using it to calculate the value area, and standard deviation.
Cheers, Scott --- In amibroker@yahoogroups.com, "Tomasz Janeczko" <gro...@...> wrote: > > Yes, that would be the only reasonable way to use it. > > Best regards, > Tomasz Janeczko > amibroker.com > ----- Original Message ----- > From: "johncw_97" <johncw...@...> > To: <amibroker@yahoogroups.com> > Sent: Tuesday, October 13, 2009 11:04 PM > Subject: [amibroker] Re: Market profile, Value Area, POC etc > > > >I believe that many are using the previous seesion VA numbers to > > current price. > > i.e. something like this chart: > > http://tinyurl.com/valuearea-png > > > > --- In amibroker@yahoogroups.com, "Tomasz Janeczko" <groups@> wrote: > >> > >> The problem is that Market Profile by nature looks into the future (i.e. > >> the bars displayed at the "beginning of the day" cover > >> entire day going forward), > >> so when trying to backtest this you will know at 9:30 what "all-day" > >> levels are and you will be looking into the future that way. > >> > >> Best regards, > >> Tomasz Janeczko > >> amibroker.com > >> ----- Original Message ----- > >> From: Edward Pottasch > >> To: amibroker@yahoogroups.com > >> Sent: Tuesday, October 13, 2009 9:15 AM > >> Subject: Re: [amibroker] Market profile, Value Area, POC etc > >> > >> > >> > >> > >> > >> to elaborate a bit on this (maybe Tomasz Janeczko is reading and I know > >> this stuff is planned to be added to Amibroker) > >> personally I am most interested to be able to access levels to be able to > >> do backtesting. > >> > >> For instance the chart below shows intraday Camarilla levels that can be > >> used for support and resistance and I can test > >> stratigies to use them for trading. So you want to be able to define the > >> time interval you want to derive the "market profile" > >> from and expand the resulting data to the timeframe in which you like to > >> use these "market profile" levels for trading. Levels > >> are: > >> > >> POC > >> VAH > >> VAL > >> > >> etc., see site found by Reinsly: > >> http://www.trading-naked.com/MarketProfile.htm > >> > >> rgds, Ed > >> > >> > >> > >> > >> > >> > >> > >> > >> ----- Original Message ----- > >> From: Edward Pottasch > >> To: amibroker@yahoogroups.com > >> Sent: Tuesday, October 13, 2009 8:53 AM > >> Subject: Re: [amibroker] Market profile, Value Area, POC etc > >> > >> > >> > >> > >> Keith, > >> > >> pretty simple. The value area is the price range where in 70% of the > >> volume is traded and the point of control the price > >> interval / step at which the most volume is traded that day. > >> > >> here an example chart: > >> http://www.enthios.com/blogs/images/EE%202008-03-11-0609.png > >> > >> it are areas where traders look for support and resistance and this > >> stuff is very popular at the moment with traders so there > >> is where you need to be. It is with all these levels, classic pivots, > >> Camarilla etc they work because lots of traders use them. > >> This subject on the market profile I believe is first described by: > >> http://www.profiletrading.com/book.htm > >> > >> To find the VA (value area) you need to step through the entire price > >> range of the day and find how much volume is traded > >> within a certain price interval / step. This is a very time consuming > >> process and to my knowledge Amibroker's AFL language is not > >> very suitable for these type of calculation. Because in Amibroker arrays > >> by default span the entire data range and for these type > >> of calculations you need to be able to define smaller arrays and be able > >> to do array based operations on them. > >> > >> regards, Ed > >> > >> > >> > >> ----- Original Message ----- > >> From: Keith McCombs > >> To: amibroker@yahoogroups.com > >> Sent: Monday, October 12, 2009 11:38 PM > >> Subject: Re: [amibroker] Market profile, Value Area, POC etc > >> > >> > >> > >> Ed -- > >> I'm just returning from, Investopedia.com, EliteTrader.com, or > >> AmiBroker Help. So, I give up. What are Value Area and > >> POC? > >> > >> Thanks, > >> -- Keith > >> > >> Edward Pottasch wrote: > >> > >> > >> > >> Keith, no started this today. Wanted to know if somebody > >> programmed the market profile (POC and VA) in Amibroker Formula > >> Language (AFL). I found some code and done some myself but this is real > >> slow. Link to existing code on inditrader.com board I > >> posted in a later post. > >> > >> regards, Ed > >> > >> > >> ----- Original Message ----- > >> From: Keith McCombs > >> To: amibroker@yahoogroups.com > >> Sent: Monday, October 12, 2009 7:55 PM > >> Subject: Re: [amibroker] Market profile, Value Area, POC etc > >> > >> > >> > >> Ed -- > >> It looks to me as if you are continuing a discussion regarding > >> some AFL. But you changed the Subject name, and deleted > >> any previous posting from your posting. > >> > >> So, in light of the above, when you ask, "anyone managed to > >> program this in AFL or a plugin?", what in h... AFL are you > >> talking about? > >> -- Keith > >> > >> > >> Edward Pottasch wrote: > >> > >> > >> hi, > >> > >> anyone managed to program this in AFL or a plugin? There are > >> several AFL's on the net that basicly are designed to > >> display the last few days. I am interested in code that generates the > >> upper/lower value area and POC for backtesting purposes. > >> But it seems you need some clever programming to make this usable else it > >> will be very slow. The code I found sofar is slow > >> indeed and I can't come up with something smart either. Try loading 2 > >> years of 5 minute data and AB locks up completely. > >> Camarilla is a nice substitute but as I read somewhere "Camarilla is the > >> poor man's Market Profile", > >> > >> regards, Ed > >> > > > > > > > > > > ------------------------------------ > > > > **** IMPORTANT PLEASE READ **** > > This group is for the discussion between users only. > > This is *NOT* technical support channel. > > > > TO GET TECHNICAL SUPPORT send an e-mail directly to > > SUPPORT {at} amibroker.com > > > > TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at > > http://www.amibroker.com/feedback/ > > (submissions sent via other channels won't be considered) > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > http://www.amibroker.com/devlog/ > > > > Yahoo! Groups Links > > > > > > >
