Improve Dynamic Level indicators for Market profile
I am using the Dynamic Levels indicator, but I find it lacking the Market Profile (TPO) type. I hope it will be updated in the near future.
Thank you.
I am using the Dynamic Levels indicator, but I find it lacking the Market Profile (TPO) type. I hope it will be updated in the near future.
Thank you.
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Comments28
Anonymous User
Sep 5, 2023
Really need that option for developing market profile. Thanks
Anonymous User
Sep 5, 2023
+1
Anonymous User
Sep 5, 2023
Same
Anonymous User
Sep 6, 2023
really necessary
Anonymous User
Sep 6, 2023
I need it for my trading setup
Danny
Sep 9, 2023
Can someone explain to me what the purpose is here, how you would use it, and how it would be more useful than the current implementation?
Andrei Rinas
Sep 14, 2023
@Hong Hi, please elaborate on this task. What do you mean under 'development/shift process' ? Could you show some examples for better understanding?
Hong
Sep 14, 2023
I will explain in the following diagram:
The solid blue line represents VAH (Value Area High) and VAL (Value Area Low) in the developing phase.
The solid red line represents POC (Point of Control) in the developing phase.
The dashed green line represents the current VAH and VAL.
The dashed yellow line represents the current POC.
Regarding the Market Profile & TPO indicator, it only addresses issues 3 and 4. What I mean is that you should also incorporate issues 1 and 2 into this indicator.
As for the Dynamic Levels indicator, it addresses issues 1 and 2, but it pertains to the Volume Profile.
Andrei Rinas
Sep 14, 2023
Why can't you just add 2 indicators to the chart and get what you want:TPO indicator and Dynamic Levels? We don't want to get TPO idicator overcomplicated with tons of settings.
Hong
Sep 14, 2023
I will add 2 indicators, by that I mean Dynamic Levels with Market Profile type, where the price opportunities over time will be addressed. Currently, Dynamic Levels don't have this type, so I have created a ticket.
Anonymous User
Sep 28, 2023
If possible, please add custom times. I want to follow TPO session. Currently there are only fixed timelines.
Waldemar
Oct 13, 2023
Please add customizable time period for dynamic levels indicator.
Or add both RTH and RTH periods. Thanks in advance!
Joerg
Oct 24, 2023
This would be very helpful. For VWAP it is possible to define custom session times and for POC (Dynamic Levels) it should be as well.
Anonymous User
Oct 9, 2023
really need this option