Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

sergio83

Free Market Profile Charting Tool

Recommended Posts

Hi,

 

I finally developed an Excell worksheet (actually is made with OpenOffice Calc) with which is possible to visualize Market Profile charts after have inserted Highs and Lows from a simple copy/paste from the MT4 History Center.

 

I hope that my work can be of any itnerest for some other beginner and to receive some usefull help or suggestion on how to better use this tool.

 

If want the worksheet, just send me a private message on this forum or leave your email.

 

 

Good work Sergio83! Very interesting analysis. Please share with me. jdevron@socal.rr.com

Share this post


Link to post
Share on other sites

Hi,

 

do you know, that there are EAs for MT4 to show MP?

You may choose days of looking back, if too much, MT4 will slow down though.

But nice, using MP with futures, you only have one session / day.

If using with FX, you have 1 day / 24 hrs.

The EA, I'm using, shows 3 sessions overlapping (Asian, London and US).

Mine is an old one (only looking for the pic and POCs), but I just googled, and there are some, which seems to be usable and are free to use too.

 

josch

Share this post


Link to post
Share on other sites

sorry everybody... after a while I forgot about this post..

 

you can download it form here; SergioMP.ods

 

and here an explanation

 

 

for use this worksheet you need OpenOffice Calc. Is like excell but you can download it for free from internet, just google it.

 

I've written two Macros in this worksheet, one deletes all the data inserted in the different day tables for high and lows (called Clean), the other calculate and visualize value area initial balance etc. (called SUBs)

 

if you don't know how to add a macro to an hotkey please follow this video from the minut 1.58:

[ame=http://www.youtube.com/watch?v=ORH6T3ZDh-E]Calc. How to create macro and set hot keys - YouTube[/ame]

 

In the worksheet there are 3 sheets for every day, you insert the open-high-low-close value for each half hour in the first sheet and automatically the prpofile will appear in the sheets with asia-western session and whole day session. For visualize value areas point of control and so on, you have to run the SUBs macro and wait few seconds.

 

i trade with EUR/USD forex spot., but the scale of the prices will change accordingly to the values you insert in the Highs-lows table.

In the "parametri" sheet there are few parameters you can change for adit the scale price step, or open-close time or the range of prices shown in respect to the open price of the week.

 

The macro SUBs will calculate every day that has an open price inserted, if there's also the closing price, the day will be calculated only if in the cell "i50" there's the number "1".

Share this post


Link to post
Share on other sites
sorry everybody... after a while I forgot about this post..

 

you can download it form here; SergioMP.ods

 

and here an explanation

 

 

for use this worksheet you need OpenOffice Calc. Is like excell but you can download it for free from internet, just google it.

 

I've written two Macros in this worksheet, one deletes all the data inserted in the different day tables for high and lows (called Clean), the other calculate and visualize value area initial balance etc. (called SUBs)

 

if you don't know how to add a macro to an hotkey please follow this video from the minut 1.58:

 

In the worksheet there are 3 sheets for every day, you insert the open-high-low-close value for each half hour in the first sheet and automatically the prpofile will appear in the sheets with asia-western session and whole day session. For visualize value areas point of control and so on, you have to run the SUBs macro and wait few seconds.

 

i trade with EUR/USD forex spot., but the scale of the prices will change accordingly to the values you insert in the Highs-lows table.

In the "parametri" sheet there are few parameters you can change for adit the scale price step, or open-close time or the range of prices shown in respect to the open price of the week.

 

The macro SUBs will calculate every day that has an open price inserted, if there's also the closing price, the day will be calculated only if in the cell "i50" there's the number "1".

 

Hai mr.sergio tq for your sharing ..... after i check your giving link it already dead . Hope u can attach new one because i want practice MP to improve my trading or who already have file can post here or can email me : newship_8@yahoo.com

Edited by za_xc03

Share this post


Link to post
Share on other sites

Hi Sergio,

 

I am studying Market profile now and interesting in it. Could you

 

share the excel to me ? I would like to do some experiments with it.

 

Thanks a lot.

 

Moreover, It would be more appreciated if you could share some experiences

 

and precautions. Thanks.

 

My Email : mxjiang.tw@gmail.com

 

 

 

 

 

 

I would be interested in having a copy of your profile tool to experiment with.

Share this post


Link to post
Share on other sites

My email is iratei@yahoo.com. Very interested as I find MP fascinating too. The big question is always How to determine if I should trade extreme prices back to the middle or go with a breakout?

If want the worksheet, just send me a private message on this forum or leave your email.

Share this post


Link to post
Share on other sites

Hi Guys I am new to market profile if anybody is having any working excel file especially for NSE stocks, I will highly appreciate your help. Thanks in advance. Please mail to ram.pgr@gmail.com

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 22nd November 2024.   BTC flirts with $100K, Stocks higher, Eurozone PMI signals recession risk.   Asia & European Sessions:   Geopolitical risks are back in the spotlight on fears of escalation in the Ukraine-Russia after Russia reportedly used a new ICBM to retaliate against Ukraine’s use of US and UK made missiles to attack inside Russia. The markets continue to assess the election results as President-elect Trump fills in his cabinet choices, with the key Treasury Secretary spot still open. The Fed’s rate path continues to be debated with a -25 bp December cut seen as 50-50. Earnings season is coming to an end after mixed reports, though AI remains a major driver. Profit taking and rebalancing into year-end are adding to gyrations too. Wall Street rallied, led by the Dow’s 1.06% broadbased pop. The S&P500 advanced 0.53% and the NASDAQ inched up 0.03%. Asian stocks rose after  Nvidia’s rally. Nikkei added 1% to 38,415.32 after the Tokyo inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The rally was also supported by chip-related stocks tracked Nvidia. Overnight-indexed swaps indicate that it’s certain the Reserve Bank of New Zealand will cut its policy rate by 50 basis points on Nov. 27, with a 22% chance of a 75 basis points reduction. European stocks futures climbed even though German Q3 GDP growth revised down to 0.1% q/q from the 0.2% q/q reported initially. Cryptocurrency market has gained approximately $1 trillion since Trump’s victory in the Nov. 5 election. Recent announcement for the SEC boosted cryptos. Chair Gary Gensler will step down on January 20, the day Trump is set to be inaugurated. Gensler has pushed for more protections for crypto investors. MicroStrategy Inc.’s plans to accelerate purchases of the token, and the debut of options on US Bitcoin ETFs also support this rally. Trump’s transition team has begun discussions on the possibility of creating a new White House position focused on digital asset policy.     Financial Markets Performance: The US Dollar recovered overnight and closed at 107.00. Bitcoin currently at 99,300,  flirting with a run toward the 100,000 level. The EURUSD drifts below 1.05, the GBPUSD dips to June’s bottom at 1.2570, while USDJPY rebounded to 154.94. The AUDNZD spiked to 2-year highs amid speculation the RBNZ will cut the official cash rate by more than 50 bps next week. Oil surged 2.12% to $70.46. Gold spiked to 2,697 after escalation alerts between Russia and Ukraine. Heightened geopolitical tensions drove investors toward safe-haven assets. Gold has surged by 30% this year. Haven demand balanced out the pressure from a strong USD following mixed US labor data. Silver rose 0.9% to 31.38, while palladium increased by 0.9% to 1,040.85 per ounce. Platinum remained unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • A few trending stocks at support BAM MNKD RBBN at https://stockconsultant.com/?MNKD
    • BMBL Bumble stock watch, pull back to 7.94 support area with high trade quality at https://stockconsultant.com/?BMBL
    • LUMN Lumen Technologies stock watch, pull back to 7.43 support area with bullish indicators at https://stockconsultant.com/?LUMN
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.