-
Markets in Profile-James F. Dalton
Markets in Profile-James F. Dalton is a renowned book that delves into the concept of Market Profile and its application in understanding market behaviour and trading strategies. Here’s an overview of what the book is about: Market Profile Fundamentals: The book starts by introducing the reader to the basics of Market Profile. It explains how Market Profile is a unique method for analyzing financial markets, focusing on the auction process that determines price movements. Auction Process: “Markets in Profile” explores the concept of market auctions and how they contribute to price discovery. It examines how traders and investors interact in an auction-like fashion to determine fair prices. Trading Strategies: The…
-
Session Pivots Monthly (amaPivotsMonthly)
The Session Pivots Monthly (amaPivotsMonthly) is an enhanced pivots indicator which allows for displaying floor pivots, wide pivots, Jackson Zones and Fibonacci pivots. All pivots are calculated from daily bars (default setting) or from the bar series that has been selected as input series. The indicator may be used to display ETH pivots on a full session chart or RTH pivots on a regular session chart. It is not designed to display RTH pivots on a full session chart. When pivots are calculated from daily bars, they are typically calculated from the full session high, the full session low and the settlement price. However, the daily data depends on the data…
-
Harmonic Patterns- Scalper
Harmonic Patterns Harmonic patterns are a popular tool used by traders to identify potential reversal points in the market. These patterns are based on a series of Fibonacci retracements and extensions, which are derived from the golden ratio, a mathematical ratio found throughout nature. While the Gartley, Butterfly, and Crab patterns are commonly known harmonic patterns, there are alternative harmonic patterns traders can use to identify profitable trades. Harmonic Patterns can be very hard to spot and Automate in your trading Strategy. This indicator will magically spot for you the various patterns and enables you to use it in an Automated strategy and back-test its performance! This Indicator Detects 8…
