OmniTrader Professional Forum OmniTrader Professional Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


This message cannot be deleted. It is the first message of the thread.
Administrators or moderators may choose to delete the entire thread


 
Boris Lund

Regular
2525
Posts: 59

Joined: 12/9/2021

User Profile
 
Subject : Point of Control
Posted : 7/25/2022 4:07 PM
Post #32065

The well known market profile for intraday.
Could easily be modified to days/week.

From market open until current bar. This example is using 5min, but will detect whatever nr. of bars have passed from market open regardless of timeframe.

This is the only way to do it without arrays. The problem is that every line is drawn without knowing anything about the others so it is not possible to mark the 68% distribution.
Only thing possible is do a pre run and add all the bars and divide with the nr. of steps thus we get an average. And we could then mark the prices with higher than average. But that is not really what distribution is about.
But maybe someone have an idea to solve it?

Attached file : poc OT.png (43KB - 295 downloads)
Attached file : Poc.txt (1KB - 281 downloads)

Deleting message 32065 : Point of Control


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.