After Hours Data In Figuring VP or MP Levels - futures io
futures io futures trading

After Hours Data In Figuring VP or MP Levels

Discussion in Platforms and Indicators

Updated by GinTrader
    1. trending_up 1,120 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 2 replies
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

After Hours Data In Figuring VP or MP Levels

(login for full post details)
  #1 (permalink)
Posts: 143 since Jan 2015
Thanks: 2 given, 65 received


I am not currently using Inv RT, but have been following VP and MP ideas and watching FT71's videos.

I wanted to get a consensus if anyone was all owing their charting package, to also use after hours data in figuring VAH, VAL, POC etc.

If so why, if not...why? Please chime in with what charting package you are on as well, thank you.

Also, is MP / VP equally useful on NQ, ES, YM, RTY as it is on stocks or indexes etc.

Reply With Quote

Can you help answer these questions
from other members on futures io?
TOS script
Chart text fixed and move with time
TOS Custom Implied Volatility Rank Watchlist/Scanner Column
Data Feed sharing possible between TS/IB and 3rd party apps?
Platforms and Indicators
FYI plot bug & workaround: changing color or width is delayed 1 bar
EasyLanguage Programming
(login for full post details)
  #2 (permalink)
Phoenix, AZ
Posts: 67 since Feb 2016
Thanks: 3 given, 36 received

I use NT8 and a 3rd party Vol Profile. Mostly the range profile and rarely the composite.

I dont find that using the poc or value area from a time span helps me.
Pocs that form in the hvns of an initiation move yes. But the poc of a time period like pit hours or globex session no.
The CME guide states that the auction units are now time independent due to global integration and participation. They are formed by the largest participants initiating and adding to their positions as they collide with traders going the opposite way in smaller timeframes.

I know that it is possible to draw a range profile and have the VA perfectly call the consolidation highs and lows.
However its really hard to do consistently real time if not impossible.
So only good in retrospect in my conclusion not a real time trading tool.

I do use overnight data but i am looking for specific types of price action to tell a story, not calculating or even looking at Value because ultimately im trying to guess where a large participant will act again so I can front run them. Exactly what we're all trying to do. I have not seen where calculating value over an exchange imposed time span accurately predicts turning points consistently.

Yes IMO vp is universally applicable because the same node profiles show the footprints of the larger participant. Its only when you get into crypto currency where you only see the voluume from one exchange that ive seen vol profile be misleading.

Reply With Quote
(login for full post details)
  #3 (permalink)
San Francisco USA
Posts: 11 since May 2018
Thanks: 4 given, 18 received

Hi Edward40,
FWIW: I use IRT. I use MP, VP, orderflow and general price analysis to define key reference points in a market. My trading is based on Auction Market Theory and though I give hierarchy to the RTH levels and context I also track and watch the 24hr charts/levels. In todayís global markets instruments that trade 24hrs do so for a reason. Primarily to facilitate trade.

As an auction market theory trader Iím always looking at what value is doing, if value is moving higher then Iím primarily looking for long opportunities till prices get stretched too far at which time I may look for a reversion back to the mean. At the same time if value is overlapping then I look to employ range bound strategies till things change.

Hence much can be learnt from looking at a 24hr chart, that being said I give a higher hierarchy to RTH levels. Iíll also add that when looking at weekly, monthly, and yearly charts I only look at ETH.
I find AMT useful in all liquid markets.
Hope that helps.

Reply With Quote

futures io Trading Community Platforms and Indicators > After Hours Data In Figuring VP or MP Levels

April 1, 2019

Upcoming Webinars and Events

Every journal equals ten meals for the hungry


Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts