Developing POC, VAH, VAL

February 25th, 2020, 12:55 PM

Been trying to write up an indicator that keys off VAH and VAL. However, as most who've played with thinkscript know, making an indicator based on the standard volume profile study will result in repainting as the value area and POC moves. So I'm wondering if anyone has been able to write a developing volume profile in thinkscript?

January 10th, 2021, 03:25 PM

kjhosken

Been trying to write up an indicator that keys off VAH and VAL. However, as most who've played with thinkscript know, making an indicator based on the standard volume profile study will result in repainting as the value area and POC moves. So I'm wondering if anyone has been able to write a developing volume profile in thinkscript?

I second this req.

I feel developing profiles, which don't repaint add IMMENSE value, for all intraday traders.

For existing profile traders, seeing the development of an auction market helps you find biases at prices in the market.

This indicator would rival VWAP and internals.

I tried giving it a shot on:https://usethinkscript.com/threads/intraday-volume-profile-by-bar.3061/

This is definitely worth a shot.

Open to any ideas

February 2nd, 2021, 09:54 AM

kjhosken

Been trying to write up an indicator that keys off VAH and VAL. However, as most who've played with thinkscript know, making an indicator based on the standard volume profile study will result in repainting as the value area and POC moves. So I'm wondering if anyone has been able to write a developing volume profile in thinkscript?

Any update?

February 7th, 2021, 06:00 PM

Since I am a believer in having multiple brokerage accounts, I found in TradeStation a good Market Profile tool. I think name is TAS. Did not realize until recently I actually know the trainer. He use to be a broker for a Chicago futures firm and after years of using this market profile tool left to expand TAS. Hope the attached image is clear. Wish there was a TOS equivalent.
TAS Market Profile

February 7th, 2021, 06:07 PM

txsroper

Since I am a believer in having multiple brokerage accounts, I found in TradeStation a good Market Profile tool. I think name is TAS. Did not realize until recently I actually know the trainer. He use to be a broker for a Chicago futures firm and after years of using this market profile tool left to expand TAS. Hope the attached image is clear. Wish there was a TOS equivalent.
TAS Market Profile

The image is not visible :P

Developing POC, VAH, VAL

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Developing POC, VAH, VAL