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HD Session Volume Profile (SVP HD) -
Go to settings under Inputs. Click custom. I set to 10:00am-10:00pm Pacific/Auckland time. I live in NZ. Set to your time zone. Click extend right box for POC, VAH, and VAL. Then go to Style and click VAH and VAL box. Unclick labels in price scale and values in status line box. Click histogram box and turn down opacity from 6% to 0.
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Visible Range Volume Profile (VRVP) -
Go to settings under Style. Click VAH and VAL box. Unclick labels in price scale and values in status line box.
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Volume Weighted Average Price (VWAP) -
Go to settings under Inputs. Click bands multiplier #2 and #3 box. Go to style. Unclick bands fill box #1, #2, and #3. Unclick labels price line and values in status line box.
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100 Volume Weighted Moving Average (VWMA) -
Go to settings under Inputs. Set length to 100. Go to style and set color to white. Unclick labels on price scale and values in status line box.
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Vertical dotted lines (1period) -
They are the open and close for each session. Red: Tokyo 1pm-8pm NZST. Blue: London 9pm-4.30am NZST. White: New York 2.30am-9am NZST.
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Horizontal dotted lines (1 period) -
They are very useful and powerful price levels I believe. The big players (banks and financial institutions) especially love big round even numbers in the market. I simply put them down and divided them into quarters. l put levels on whole, half, and quarters of values of price. So for example I put one on 144 and 145. I then simply divided in half, 145.5. Then I divided again to get 145.25 and 145.75. I believe this principle/idea can help to find useful support and resistance levels. It's based from the bigger whole round numbers in the market.
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Range Bars (I flick between 10R to 50R for EJ and GJ) -
I use range bars. I love range bars. 100X better than time based charts. I've ditched all time based charts. Range bars filter out and remove time from the equation. They simply just show raw movements of price. Raw and uncensored. They show every nook and cranny of market structure and market structures on any chart. They show the market as it really is with no lag no delay. You see the market as it when it is playing out. No filter. You plainly and sharply see every single price movement. This is incredibly invaluable for day trading and scalping. They are very powerful for seeing patterns, breakouts, breakout and retests, and support and resistance. They are far better than time charts because you don't have rely on time. You are actually only relying on price to move. That is all you are focusing on. If you can focus on market structure instead of time I believe it really helps to read the chart in a way deeper and powerful way.
HD Session Volume Profile (SVP HD) -
Go to settings under Inputs. Click custom. I set to 10:00am-10:00pm Pacific/Auckland time. I live in NZ. Set to your time zone. Click extend right box for POC, VAH, and VAL. Then go to Style and click VAH and VAL box. Unclick labels in price scale and values in status line box. Click histogram box and turn down opacity from 6% to 0.
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Visible Range Volume Profile (VRVP) -
Go to settings under Style. Click VAH and VAL box. Unclick labels in price scale and values in status line box.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Volume Weighted Average Price (VWAP) -
Go to settings under Inputs. Click bands multiplier #2 and #3 box. Go to style. Unclick bands fill box #1, #2, and #3. Unclick labels price line and values in status line box.
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100 Volume Weighted Moving Average (VWMA) -
Go to settings under Inputs. Set length to 100. Go to style and set color to white. Unclick labels on price scale and values in status line box.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Vertical dotted lines (1period) -
They are the open and close for each session. Red: Tokyo 1pm-8pm NZST. Blue: London 9pm-4.30am NZST. White: New York 2.30am-9am NZST.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Horizontal dotted lines (1 period) -
They are very useful and powerful price levels I believe. The big players (banks and financial institutions) especially love big round even numbers in the market. I simply put them down and divided them into quarters. l put levels on whole, half, and quarters of values of price. So for example I put one on 144 and 145. I then simply divided in half, 145.5. Then I divided again to get 145.25 and 145.75. I believe this principle/idea can help to find useful support and resistance levels. It's based from the bigger whole round numbers in the market.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Range Bars (I flick between 10R to 50R for EJ and GJ) -
I use range bars. I love range bars. 100X better than time based charts. I've ditched all time based charts. Range bars filter out and remove time from the equation. They simply just show raw movements of price. Raw and uncensored. They show every nook and cranny of market structure and market structures on any chart. They show the market as it really is with no lag no delay. You see the market as it when it is playing out. No filter. You plainly and sharply see every single price movement. This is incredibly invaluable for day trading and scalping. They are very powerful for seeing patterns, breakouts, breakout and retests, and support and resistance. They are far better than time charts because you don't have rely on time. You are actually only relying on price to move. That is all you are focusing on. If you can focus on market structure instead of time I believe it really helps to read the chart in a way deeper and powerful way.