Forex Market Profile

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Alexandre Roux
218
Alexandre Roux  

eurusd market profile


Today on EurUsd, in on hour, the famous ADP Non Farm (12:15 gmt)

The peak of today (point of control aka peak time of price PTP) is in the vacuum of yesterday. We stay out of market, too dangerous.


I prefer trade another day. I wait & see. The good trade was the counter trend near the yesterday PTP (blue circle).

Files:
Sergey Golubev
Moderator
106720
Sergey Golubev  
Are you using this indicator for MT4?
MarketProfile - indicator for MetaTrader 4
Alexandre Roux
218
Alexandre Roux  
Sergey Golubev:
Are you using this indicator for MT4?
MarketProfile - indicator for MetaTrader 4

Hi Sergey,

No, it's my proprietary indicator.

Jan Nkwinika
23
Jan Nkwinika  
Alexandre Roux:

Hi Sergey,

No, it's my proprietary indicator.

Really
Sergey Golubev
Moderator
106720
Sergey Golubev  
Alexandre Roux:

Hi Sergey,

No, it's my proprietary indicator.

It is free forum ... so ... please - use indicator from CodeBase.

Sergey Golubev
Moderator
106720
Sergey Golubev  

Kevin 'Huddy' Hudson - The Basics of Market Profile 

Kevin “Huddy” Hudson is a full-time trader and coach to fellow traders specializing in the S&P E-mini futures contract. He has spent many years perfecting his entry and exit techniques using channels and trend lines along with critical Market Profile levels to find and trade both minor and major support areas. He has made a living trading the markets for more than a decade. As the founder of Channel-Trading.com, Huddy loves to pass along his thoughts about the market and trade ideas to subscribers and students. Nothing makes him happier than seeing a student actually “get it”.

In this webinar we will cover the basics of market profile

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MT5 CodeBase :

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External articles :

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Market profile - Wikipedia
Market profile - Wikipedia
  • en.wikipedia.org
A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical...
Sergey Golubev
Moderator
106720
Sergey Golubev  

Introduction to Market Profile


Alexandre Roux
218
Alexandre Roux  
Sergey Golubev:

It is free forum ... so ... please - use indicator from CodeBase.

Seriously ??

I don't sell my indicator, it's mine and i make no pub, no link, no commercial offer. 

Here, i share my analysis freely.

Sergey Golubev
Moderator
106720
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Market Profile

Sergey Golubev, 2018.04.04 13:34

MarketProfile - indicator for MetaTrader 5


Market Profile is a tool widely used by futures traders.

Market Profile MetaTrader is a standard solution of the Market Profile that displays the statistical time distribution of the price, price area and control value for the day trading session. The indicator is based on the simple price movement and does not use standard MetaTrader 5 platform indicators.

ore information on the Market Profile can be found in:

See also the article "The Price Histogram (Market Profile) and its implementation in MQL5".

The author implemented different colors for the indicator: green is for the Asian session, blue is for the European one, while violet is for the American session. Working periods are M30 and M15.


Sergey Golubev
Moderator
106720
Sergey Golubev  
Alexandre Roux:

Seriously ??

I don't sell my indicator, it's mine and i make no pub, no link, no commercial offer. 

Here, i share my analysis freely.

Yes, not a problem.
But how the people can repeat your analysis?
So, you are going tom ake the analysis using indicator which no one has (and no one will have) ..

Some guys are professional with analysis, some of them - not.
So, how we all can check your analysis if we do not have (and will not have) your indicator?

Alexandre Roux
218
Alexandre Roux  
Sergey Golubev:

Yes, not a problem.
But how the people can repeat your analysis?
So, you are going tom ake the analysis using indicator which no one has (and no one will have) ..

Some guys are professional with analysis, some of them - not.
So, how we all can check your analysis if we do not have (and will not have) your indicator?

Ok, i understand.


I can try to implement the market profile in mt5.


This indicator seems great: https://www.mql5.com/en/articles/17

The Price Histogram (Market Profile) and its implementation in MQL5
The Price Histogram (Market Profile) and its implementation in MQL5
  • 2010.01.28
  • Dmitry Voronkov
  • www.mql5.com
"Market Profile tries to provide this internal logic in the context of the market. It is a method of analysis that starts off with the understanding that price alone does not communicate information to the participant, just as words without syntax A long time ago, looking through a magazines subscription I have found an article "Market Profile...
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