Thread by @gocharting

The Rabbit Hole is Deep. 🐇

Screenshots from some massive improvements to Market and Volume Profile coming up very soon

1. Customizations on steoirds
2. Auto Pattern Recognition - Poor High / Poor Low etc.

Will start a thread...

#MarketProfile #VolumeProfile

1. Auto Recognition of Patterns

What is Poor High/Poor Low?

Poor low and Poor High are market profile structure which generally indicates a market that is too long or too short and the shorter timeframe players in the market has low confidence about the current market direction

...and takes control of market to move it in opposite direction. Generally happens when the market is continuing its trend in one direction and the momentum of the trend starts loosing at the peaks which makes the shorter timeframe traders to think that market is toolong/short

Generally market trends ends at the peak with an excess or a tail. But if the exhaustion takes place due to lack of momentum at high or lows with lack of excess then such auction is referred as poor low or poor high.

To activate Poor High/ Poor Low, check the Pattern Recognition setting as shown below

It generally follows the below patterns

1) Number of TPO at head or tail >= 2 OR

2) Number of TPO at head or tail = 1 And Number of TPO at (head - 1) or (tail - 1) >= 2

Mobile Version looks good

Never knew something like below is also possible

All the above changes are now LIVE