Market Profile tools
1st Trading Tools presently offers four unique indicators in one package that can be used to improve your trading edge.
Our Indicator set is a custom built add-on written for use with the MultiCharts charting and technical analysis platform. You must be a MultiCharts user to use our Market Profile toolset.
Our toolset is designed to show market generated price & time/volume information organized into profiles showing the distrubution over the period being analysed. These custom indicators update in realtime, and allow realtime identification of the changing Value Area and Point-of-Control.
User Manual for these indicators can be downloaded here.
A pre-configured MultiCharts workspace can be downloaded here.
If you would like to take a free trial of these indicators, please fill out the form at this page.
The indicator package includes the following four components (click to enlarge images):
MarketProfile® indicator. This screenshot shows the traditional letter based market profile distribution, value area and point of control, and calculates in realtime. |
MarketProfile® D indicator. This shows the Day session profile, on an intraday chart, and calculates the session Value Area and POC in realtime. Additionally, this indicator will project the previous session VA and POC forward to the next session as projected levels to trade from and features a TPO counter for the distribution above and below the POC.    |
| MarketProfile® W indicator. This shows the Week session profile and calculates the session Value Area and POC. Additionally, this indicator will project the previous session VA and POC forward to the next weeks session as projected levels to trade from and features a TPO counter for the distribution above and below the POC.
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| MP Weekday Session indicator. this is a simple indicator that colour codes the price-bars differently for each day of the week.
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If you would like to take a free trial of these indicators, please fill out the form at this page.
For useage examples, see the following pages:
Identifying & Trading the Value Area