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GlobexTrader24.5

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Everything posted by GlobexTrader24.5

  1. Market Profile is a trademark of the CBOT/CME and the only truly official versions require an extra add on cost of approximately $30 for their true Mkt Profile version. You can get similar Profile "knockoff programs" from various providers such as Ensign Software and I helped their programmer get most of the essential items into that software. Thus, take a look at their low cost alternative, also. Tradestation has some good add-on programs for market profile and I would be glad to refer you to Don Disharoon as I have used his for years. The accuracy of his value area is the best. He provides a free trial. Unfortunately, Tradestation has a $99 platform fee but that can go away if the trader does ten roundtrip trades a month. In addition, TS requires you to pay the regular data stream charges from the exchanges such as $25 for EMini, $60 for Crude Oil, $60 for Bonds and Notes, etc so that can become a costly venture if you are trading multiple markets. But, if you are just trading the Emini SP and Naz and doing at least ten trades you should consider Disharoon's add on's for value and developing value accuracy. Believe me, his Tradestation add-on is visually great, very accurate, and a one time low cost. I know of a trading room that has used his profile value levels with Tradestation for years just because of its accuracy. And, I still use it to this day. For the BEST of the market profile software I use Market Delta as it easily organizes my market profiles over multiple day with or without globex. My data to drive Market Delta comes from Zen Fire which is a great feed, free from my brokerage provider, and includes crude, euro, bonds/notes, SP500 emini, currencies, etc. Market Delta can provide on screen chart trading, also. Market Delta Market Profile also has an open code product option which I use. However, the Market Delta Market Profile basic version will provide you with the BEST in my opinion. The cost is a little more but you get what you pay for. The Sierra version referred to by OrderFlow is decent and can be driven by free data streams provided by their futures broker. But, be careful there as some data is "bundled" by the brokerage firm. I reviewed the Sierra product and it is decent for the lower cost alternatives. The BEST is Market Delta. Excel will not give you what you want in my opinion.
  2. This is my first post. Thus, this is more of a test. I have traded market profile structure for a number of years.
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