TheAnalyst13

Blowfish or Jperl, I was wondering if any could help me out with which type of Profile I should choose in order to replicate Jperl's approach to markets correctly. I use Ninjatrader and there are various Profile indicators based on Volume, TPOs etc. Here are the ones I can choose from that a programmer wrote in the NT Forum: VOC - Volume at Close. Only maps volume at the close tick per bar. VTPO - Volume Time Price Opertunity. Evenly distributes Volume accross the ticks per bar. (TPO is realy just another phrase for POC in this context). VWTPO - Volume Weighted. Distributes The Volume accross the ticks of a bar on a weighted basis (larger bars get less volume per tick, vs. smaller bars with the same volume. TPO - only price is used. Thanks for the help.

Thank you Jerry. In your video, did VWAP etc chantge at all? Or were they static?

I have several questions here: 1) You said that you setup a chart with yesterdays Volume Distribution function and PVP, SDs. So when today the market opens is the data added to yesterday's function (sorry english is not my first language, if the answer is already in your post). If this is not possible with Ninjatrader, can I just use yesterdays PVP, VWAP and SDs static points and extend these point as S/R lines as you showed in your chart? 2) So just to be sure if I understood it right. For position trading the rules are: When yesterday's VWAP = yesterday's PVP = no skew, I look for countertrend trades towards the yesterday's VWAP at yesterday's Standard Deviations. Or also I can breakout trades as previously posted in a thread. today's price open above y. VWAP and y. VWAP > y. PVP: take long trades or today's price action is below y. VWAP and y. VWAP < PVP: take short trades 3) If you do add today's data to yesterday's distribution when do you switch over to use only today's volume distribution function. Thanks, M.

Thanks blowfish. Another questions: Does anybody use these entry (VWAP & PVP) techniques for stocks?

What do you mean with CVB charts? Thanks

Sorry, I forgot one more question. What is VPOC, VWTPO, VOC? I just switch using Ninjatrader and it has an indicator avaiable that displays these 3 and TPOs. I was wondering which one could be Volume Profile. Thanks, Jerry.

1) DO you mean then the 1 min VWAP should be the most correct one then? 2) What about the PVP? Thanks, again Jerry you are my hero. Since your threads I have been trading futures again combined with market internals very successfully.

Jerry, thanks for your wonderful thread. i have been using market statistics and I am learning everyday since I started reading your thread. I have a few problems though that I was wondering if you can answer me. I use Zenfire with Ninjatrader and there are two VWAP indicators that have been programmed and are avaiable for everybody. My problem is when I change the interval on the chart from let's say 30 min to 5 min, or 1 min that the VWAP changes value and as far as I undestand that should not be the case right? The second thing is that my PVP changes as well when I change the interval. So I just wanted to confirm with you that this should not be the case and I got a problem then and cannot trade with this tools right? Thanks, M.