Showing posts with label Bracket. Show all posts
  • A few days ago I posted Market Profile Indicator - Multiple Composite Profiles. Today I will show you a simple visual references that you can get from this indicator.

    On Friday there was a breakout against the upper limit of 3, 5 and a 10 days bracket of the composite profiles.

    Bracket Breakout
    Bracket Breakout
    Today We've got the following visual references:
    • 20 days bracket unchanged 
    • 10 days bracket expanding 
    • Two distributions at 3 and 5 days composite profiles, no bracket because there is more than one distributions on the composite profiles.
    Notice there is a jump on London open from the upper line of the lower distributions of 3 and 5 days composite profiles.
    Visual References
    New Visual References
    That is only a simple visual references. Sure we'll got a ton of it by extracting/analyzing raw data from the Export Refs Utility of this indicator. As we can see on the image below.

    Refferences - Raw Data
    Refferences - Raw Data