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Market Profile indicator

Market Profile indicator
Click to enlarge
Price: $37 $3
Availability: In Stock
Model: 101
Manufacturer: Missionforex
Average Rating: Not Rated

Here is a very good indicator showing the volume levels

Key terms:

1. Initial balance - market activity in the first hour
2. Range extension - price action extending beyond the initial balance
3. Range - range from high to low
4. Single print buying tails - any single print TPO's at the lower extreme of the profile
5. Single print selling tails - any single print TPO's at the upper extreme of the profile
6. Point of control (POC) - price level of most volume. POC indicates an area of greatest market activity
7. TPO - stands for Time Price Opportunity. Letters are used to build the market profile structure. Each letter represents a half hour period. The letter is also known as the TPO.
8. Value area - price range in which approximately 70% of the market volume took place.
9. Value high - the upper pivot of the value area
10. Value low - the lower pivot of the value area

 

what you will get:

http://photohost.lelong.com.my/is.php?i=44926&img=9912untitled1.JPG

 

 

Please click links if interested to get more information while still can or just ignore this email:

 


You will find more FOREX INDICATORS,EXPERT ADVISORS,BOOKS AND VIDEO TUTORIAL HERE:

http://missionforex.com/
Mission Forex

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