|
Description:
PriceProfile is a decision support tool which shows potential support and resitance areas. Priceprofile arranges the data in a bell-curve (normal-distribution) fashion and shows key areas of trading and a single point of control ('POC') where traders percieve this area (POC) as a fair-value.
Licenses are for TradeStation 8.+, One-Time Fee, Single User and Protected Code.
| Price Profile with Broadcast (E-Minis version) |
$495 |
|
Example
Key Features
- Priceprofile works in E-Minis instruments.
- The basic theory behind Priceprofile is Markets have an equilibrium state of equal buyers and sellers and develops a trading activity around this state of equilibrium. Since markets work on 'Supply' and 'Demand' ideology, the area of equilibrium shifts constantly. Monitoring this area of 'trading activity' helps traders to react positively to the shift of 'Buyers' and 'Sellers'.
- 'Value Area' and the top of this range (70% of trading activity area) is called 'Upper Value Area (UVA)' and lower range is called 'Lower Value Area' (LVA).
- Historic POC values can be broadcasted to any chart (of same Symbol)
- PriceProfile Indicator in Tradestation can broadcast the POC values to other charts. This will help traders to just plot POC Support/Resistance lines in various Time-Frame Charts (Minute, Tick...) instead of recomputing POC in every chart.
- Shows Naked POCs and Filled POCs historically.
- All variables, Colors are configurable.
- Light weight; Programmed for Efficiency.
- Works with TradeStation 8.+
Screen Shot/Video
Parameter Setups
Requirements
|
