Monday, May 24, 2010

Market profile Classroom

I am introducing a new link for the study material and the questions you may have.

This link you will find on the Right hand side under the twitter and "subscribe to" option.

Please send your questions directly under this header:


Sending across a power-point presentation on Market profile.

I am not the original author of this file, but it has been with me for such a long time that I have forgotten the person who had sent it to me.It's now yours and the first step to understand the role of profile in charting.

This presentation covers most of the theory behind implementing the system and a solid understanding of this would help you in getting a foothold in this system of trading.

There has been suggestions that we provide another platform for the questions related to this topic. We already have a great platform at the blog and you are welcome to ask your questions over there in the comments section.Those with further doubts can correspond through email as well.

During the course of the next few weeks we will examine all the material in detail together with real time charts of our very own Nifty.

The link : http://www.4shared.com/document/hAZuo2CF/marketprofile.html

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This is an amibroker afl for Market Profile.


http://www.4shared.com/file/QxbFKZc0/MP_online.html
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20 comments:

Shai said...

Thank you Saravanan for this suggestion.

You may post all open queries here.

sara said...

Wow...
This one that we expected... Thanks a lot sir..
Sir, my first question is
Market profile and volume profile are same or both are different?

INDITRADER said...

Shai,Sorry again I cant found the link posted by U
I tried it many times but unable to find it.
I google it also but noresult found
Can u help me in this regard to read ur file.

Shai said...

Sara,

Check this post from Viren : http://vtrender.blogspot.com/2010/04/market-profile-q.html.

Shai said...

Musti,

The link is right up in the body of the post.

http://www.4shared.com/document/hAZuo2CF/marketprofile.html

Shai said...

I will request all those who posted general questions to me, to repost them here for everyone's benefit.

mo h said...

Clarification on Price & Volume Profile needed:
HI Shai,
Thanks, i have downloaded the powerpoint file.
I have attached the Charts of NF 5 days,
1.. 5 min TimeFrame - PriceProfile & VolumeProfile
2.. 15 min TF - Pr & Vol profile
3.. 1 min TF - Pr & Vol profile.

The most apt [maybe coz of the particular AFL coding] seems to be 5 min.

And, [plz take your time, and do when you find time to spare] i would appreciate your advice on the Price Profile, Volume Profile factors.

Viren had given me a reply on this, but i am unable to get result to locate searching the site for that link of Vtrender post.

have a nice day.
regards
mok

Vtrender said...

Mok,

here is the link to Viren's post :

http://vtrender.blogspot.com/2010/04/market-profile-q.html

Volume profile works better for intra-day trading.

sara said...

Sir,
Shall we get the Market profile,Volume profile option in Java based charts provider like Icharts,Investbulls ? Or we use it only through Amibroker ?
Understand the method we need Realtime chart, so please suggest which one we have to rely in this regard.
thanks

Vtrender said...

Sara,

I've not heard about Icharts and investbulls being compatible, but amibroker, quotetracker and marketdelta have options.

Yes you need good real time data.

sara said...

Sir,
Investbull offer Realtime data feed for Amibroker at Rs.500 per month. I know about Quotetracker free version but not about the paid one and Market delta.
Which one you suggest in this three..

Shai said...

sara,

It's an individual's choice.I've used all three.

Viren swears by Quotetracker.

veer said...

Dear Shai,

Can I have the MP AFL code with letters (alphabets)please. I have already got from you the afl code with horizontal bars. But what I am looking for is with letters alphabets.

Regards,

Veer

mo h said...

hi shai
thanks a lot for giving the link,
thanks for all your consistant help.
best regards
mok

sara said...

Today i was spend most of the time with Amibroker download add realtime data. I am with India infoline trader terminal so use its RT for my Amibroker. Now i have Viren sir's AFL code for Amibroker through blogs old post. I dont know how insert this to amibroker. Please dont mistake me i was asked so many question in this regard, because i dont know thats why.

Thanks & Regards,
S.Saravanan

mo h said...

@ sara,
you could try putting the afl in formula folder of ami. Then after starting ami, you can double click it from the list.

Shai said...

Veer,

I don't think that afl is available as traditional charting charts candlesticks, bars etc for price.

If you need that then you have to be with marketdelta.

veer said...

Dear Shai,

Can we request you to start with the this week's real time charts for study purpose so that we as readers can follow suit and make presentations in the next week onwards please.

Regards,

Veer

Vtrender said...

Veer,

I feel it is a bit early to start looking at charts without getting to know about the reasons behind all the moves.

The charts will give you the final picture, but the thought process and the understanding behind it will give you your future trades.

smith.g said...

This blog intends to reduce the noise from the markets by the use of Market Profile as well as studying inter-market associations and their relevance to the short-term trend.Can we request you to start with the this week's real time charts for study purpose so that we as readers can follow suit and make presentations in the next week onwards please.It is also promoting the
options trading
.