CrudelyTrading

Ok, Thats exactly what I thought. I did find a setting in there earlier like you say, it can be changed from TPO to VOC (Volume on close?) - Even in the VOC mode though, there are still differences in the VA when you change from 1-5-30min charts. LOL. Thanks for your help. Have a feeling that it´s a dodgy indicator. Going to try and contact the writer of it. Cheers.

Thank-you BlowFish. Yes, I heard of those Google people, unfortunately what I tend to find is that you can find contradictory answers without actually knowing who is right, my point is proved in this very post where Zapisy is incorrect. Had I have found Zapisys answer first on "Google" then I would have been in receipt of the wrong information, wouldn´t I. I thank you too Zapisy :-)

Im not talking about Market Profile strictly. Im talking about the calculation of the value area which is the prices where 70% of the volume is traded during the session (ES) 09:30am and 16:15pm, I can only see the title of the FORUM as being "Calculating Value Area"... Did you see my actual questions ? Guess you don´t know the answer which is fine... No problem. Thanks anyway. Anyone else know the answer to my question ?

Ok that makes sense in that respect yes... I can surely see the difference between why the 70% volume traded would be different over individual candles....... But, if you compared the volume traded over 30 x 1min candles, compared to 1 x 30m candle, would the 70% volume over the "collective 30 candles" be the same as the "singular 1 30m candle" ? (Assuming that the 30x1 and 1x30 started and ended at exactly the same time). My point is that the Value Area is calculated between 09:30am and 16:15pm, where 70% is traded between those 6.75hours...The candle time period is irrelvent surely, the VA is defined by a static 6.75 hour period, not individual candles. Is that not right ? Whether it is 1m or 30, or tick charts, or volume charts should not make a difference to where the 70% volume is traded over a 6.75 hour period, surely ? Obviously I am still confused, sorry.

Still haven´t found a room to trade in. Surely there must be one, somewhere ? Anyone help ?

What is a Tick Chart based on ? Volume chart is numbers of contracts passed through, so 1000 volume chart will move to next bar when 1000 contracts have passed... so what is Tick Chart measured on ? Great forum guys Thanks.

I´ve been looking at this value area, very interesting. I have a VA Indicator in NinjaTrader, it calculates the VA and the POC... It works fine, cause I can actually check the figures with Larry Levins email, this confirmed it was using the same data formulas etc... Can anyone answer me this..... What surprises me is that the VA will be different on a 1min - 5min - 30m chart... The 30min matches with Larry and I know thats what he uses, but I don´t understand why it would be different on a 1 - 5 - 30min chart ? Its not time frame based in that respect, it measures the 70% volume based over the trading period 9:30am - 16:15pm EST, so how does changing the chart time setting effect it ? There is a setting for "calculate on bar close" but even setting that to True or False on all the time-frames doesn´t matter... Far as I can see it shouldn´t matter at all what time frame it is on to do the calculation as the calculation is based on the 09:30am to 16:15 close anyway, isn´t it. Anyone know why its different 1min, to 5min to 30min charts ? It is only slightly different, a few cents... 60min chart makes it wildly different though... If I use a tick chart which isn´t time based at all then the values are different again between different calue charts, doesn´t make any sense to my tiny neewb brain... lol :crap:

Stop watching charts after 11am. Take your pay and go do something else.

OK. Thanks for that, I will look at TradersHaven. It´s funny, because when I looked last night at this forum there was a trade oil advert on the site, it was in 3 positions in one of the posts... Now I can´t find it though ? Anyone know who this is ?

Anyone know of a Oil and Gold trading/chat room ? Just where there is a community of traders who are looking at those markets, don´t want any BS calls etc. I looked at Paltalk but it was just full of rubbish. (Shock Horror). Not interested in stocks or Fx, just Oil and Gold. I have found a few on google but they seem to be glitzy and commercial and very towards ES etc zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz Wonder if anyone know of a private group, like a Skype room I was just reading about one of the Forums............. Sounds a good idea if it were committed to only Oil and Gold.