| Re: Market Profile initial balance Quote:
Originally Posted by sergio83 I see.
Is not easy I know, and probably I will give up too, but is not that with normal chart you have more information, at the moment MP seems to give me more information and insipiration in understanding the market.
Anyway in your analysis there's no any Value Area or Point of Controll, like that is like never have done MP analysis.
Can I ask you what contract where you trading in this chart?
Maybe you didn't understand that my worksheet is completly automatic, you just have to copy and paste from MT4 History Center the Highs and Lows for every day and then all the histograms are automatically calculated with Iinitial Balance, POC, Value Area, TPOs Count.
If you want i can send the file to you in private. I need someone with who I can discuss if the Initial Balance i considered can be fair, or stuff like that. |
I hope that you find someone with the same degree of enthusiasm as you have. I am older, now, and lack the will that I had for this type of analysis. I think that I will pass on your offer, thanks all the same. |