Hi everybody,
i'd like to see volume profile in 2 sessions everyday. I'd like to split the day session in 2, for 8 to 15:30 and from 15:30 to 23:00. So i can see today and the past days the volume profile for the European session and US session.
Thanks a lot for your help and support.
Filippo
Volume Profile two sessions a day [SOLVED]
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Re: Volume Profile two sessions a day
@Filippo
I recorded a vid how I would do it. Maybe there is a much more elegant way. I am just not an excessive volume profile user in MC. Sometimes its just a little bit of try & error when you are new to something. Try things out and be creative. Has a much steeper learning curve.
Vid link : https://vimeo.com/188219933
Kind Regards
Ben
PS: I reviewed the vid and think to set the session to a local time frame makes it much more easier and flexible. Sorry for that.
I recorded a vid how I would do it. Maybe there is a much more elegant way. I am just not an excessive volume profile user in MC. Sometimes its just a little bit of try & error when you are new to something. Try things out and be creative. Has a much steeper learning curve.
Vid link : https://vimeo.com/188219933
Kind Regards
Ben
PS: I reviewed the vid and think to set the session to a local time frame makes it much more easier and flexible. Sorry for that.
- arnie
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Re: Volume Profile two sessions a day
you can do it easier this way
creating multiple sessions in a single template, using this way a single series
obviously you won't be able to change the profiles position from left to right on a different session like bensat did but that is a personal thing, it depends how you like to look at the charts
i use this setup, where i actually have 3 different sessions in a single template and then color the bars to differentiate those sessions
creating multiple sessions in a single template, using this way a single series
obviously you won't be able to change the profiles position from left to right on a different session like bensat did but that is a personal thing, it depends how you like to look at the charts
i use this setup, where i actually have 3 different sessions in a single template and then color the bars to differentiate those sessions
- Attachments
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- template.png
- (60.49 KiB) Downloaded 1114 times
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- sess_multi.png
- (33.81 KiB) Downloaded 1115 times
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- multi_sess.png
- (31.09 KiB) Downloaded 1119 times
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Re: Volume Profile two sessions a day
Thanks a lot guys!!!!! You really help me a lot!!!!! Really thank you!!!
Just a question Arnie, how i can change the colors of the price if i have a single template but 3 sessions.
I tried but i can't... i think you should have 3 differents templates like bensat show me...
thanks again guys!
Filippo
Just a question Arnie, how i can change the colors of the price if i have a single template but 3 sessions.
I tried but i can't... i think you should have 3 differents templates like bensat show me...
thanks again guys!
Filippo
- arnie
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Re: Volume Profile two sessions a day
To paint the bars you need a study.Thanks a lot guys!!!!! You really help me a lot!!!!! Really thank you!!!
Just a question Arnie, how i can change the colors of the price if i have a single template but 3 sessions.
I tried but i can't... i think you should have 3 differents templates like bensat show me...
thanks again guys!
Filippo
It can be something very simple like this
Code: Select all
Input:
plotRTHsess (true),
RTHstTime (720),
RTHenTime (1400),
plotETHsess (true),
ETHstTime (1400),
ETHenTime (1600),
RTHcolor (white),
ETHcolor (red);
if plotRTHsess = true then begin
if time >= ETHstTime and time <= ETHenTime then
PlotPaintBar(high, low, open, close, "", ETHcolor);
end;
if plotETHsess = true then begin
if time >= RTHstTime and time <= RTHenTime then
PlotPaintBar(high, low, open, close, "", RTHcolor);
end;
If you have a third session on your template, use the bars color to "paint" that session.
But if your goal is to color the volume profiles differently for each session than the only solution is to add a second series like bensat showed on his video
- arnie
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Re: Volume Profile two sessions a day
to facilitate, here is how the 3 session template looks like for the US treasuries futures market
you have the overnight session (1700 to 720), the pit session (720 to 1400), and those last 2 hours of trading (1400 to 1600) that no one knows what to call it
you have the overnight session (1700 to 720), the pit session (720 to 1400), and those last 2 hours of trading (1400 to 1600) that no one knows what to call it
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- 3sess.png
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Re: Volume Profile two sessions a day [SOLVED]
Arnie, you are the number one!!!!!
In italy we say "Santo subito", which literally translated would be "Saint now!!!!"!!!
Thanks a lot, MC is a great platform but you need to work a little on it...
Have a good weekend and thanks again!!!
Filippo
In italy we say "Santo subito", which literally translated would be "Saint now!!!!"!!!
Thanks a lot, MC is a great platform but you need to work a little on it...
Have a good weekend and thanks again!!!
Filippo
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Re: Volume Profile two sessions a day
Arnie, did you know if there is somethings like order flow or the NOFT on MC?
Many thanks and have a nice weekend!
Many thanks and have a nice weekend!
- arnie
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Re: Volume Profile two sessions a day
The only tool MC has that allow us to study/trade based on order flow is the footprint charts (volume delta) and obviously the volume profile.Arnie, did you know if there is somethings like order flow or the NOFT on MC?
Many thanks and have a nice weekend!
MC.NET gives you access to the Jigsaw tools which is by far the best DOM available for a pure order flow trading experience (aka tape reading).
Regarding NOFT, I know nothing about the services they provide.
For me, there's only 2 people worth my time regarding trading based on order flow, FuturesTrader71 (he's one of the partners at Stage5 Trading and has dozens of webinars and videos published on YouTube) and John Grady from NoBSDaytrading.