for value area you need to look at cumulative volume - not just volume bars.
30% and 70% of total volume are the value area points ----- Original Message ----- From: "eric tao" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Thursday, July 05, 2007 11:00 AM Subject: [amibroker] volume based MP > Hi Guys, > > I'm trying to calculate volume based daily Market Profile. Is this the > right way to calculate Value area for volume base MP? > > CP is the highest volume price point. > for VA, I compare the volume of each price around CP, pick the higher > volume from each pair until the accumulated volume is greater for > equal to 70 percent of the day's total volume. > > Thank you. > > > > > > Please note that this group is for discussion between users only. > > To get support from AmiBroker please send an e-mail directly to > SUPPORT {at} amibroker.com > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > http://www.amibroker.com/devlog/ > > For other support material please check also: > http://www.amibroker.com/support.html > > Yahoo! Groups Links > > >
