Recent content by Rick_Naish

I would recommend getting off MT4 and trying eSignal. There is an add-on offered by eSignal called Qlink (think I pay ~$20/month) that will push any data that you are entitled for into an excel spread sheet. Then you can manipulate it and do any calculations that you wish. eSignal uses GTIS...

The classic interpretation of market profile time slices the day into 30min data points (TPOs) and I believe that keeping things consistent is why all of the texts use a 30min period to trigger the 80% play. Since prices can move rapidly in the first 30-60mins of the trading day I prefer to use...

Yes, that's correct. It's called the 80% play b/c of its high probability. In my experience it's not 80% but at least 70%. There are a couple of conditions to qualify the setup. I'll use the ES futures for an example. 1) Price opens outside the value area (on a gap) and forms a complete...

I have been using Market Profile, and more specifically the Value Area for some time now. I really try not to miss the “80% play” when price opens out of the VA and then gets into it. Does anyone have an excel spread sheet that will calculate the VA levels? I have attached on that I came...

Dima777, Qlink should work with the on-demand service though you might want to contact them to confirm. I have an excel sheet that tracks 1min data for the 24hour Forex pairs which is 1439 “bars” and it handles it no sweat. It’s actually pretty easy to get intraday data. Input your symbol...

I use an eSignal add-on called Qlink to populate my excel charts with data. I can pull both real time and historical data. I have a number of excel sheets that I run every evening and I have found the data to be very reliable and fast. I think I pay $20/mo for the service. As far as you're...

PualoP, thanks for the post. Correct me if I’m wrong but this particular template doesn’t use volume data. I would love to see one that does use the volume data so that larger time slices can be used to plot the value areas. Any thoughts?

Traders, does anyone know how to program an excel spread sheet to calculate the Value Area from Market Profile? I’ve been searching for an excel template but have had no luck so far.