Volume Profile By Day - several days back.
AnsweredI would like the volume profiles to be displayed by day as seen on many other software packages. I think a minimum of 5 days is ideal. Extended naked POC etc. I have noticed that the currently intraday profiles often disappeared. The we must zoom way out with the SPASTIC zooming process in Tradovate. Not sure why they can't have more granular zooming abilities.
I think OFA used to have some of the more advanced volume profile tools.
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Hi Tradonista,
Thank you for the feedback!
Have you tried our Volume Profile Indicator (as opposed to the ad-hoc Volume Profile Drawing Tool)? ...will require you to activate the "Free Indicators" add-on package under Application Settings > Addon Tools:
This will allow you to specify when you would like to draw the Volume Profiles (Monthly, Weekly, Daily, Daily (Overnight), Daily (Day Session):
There are settings that allow you to set value area and POC as well as coloring options and the profiles will automatically draw on the chart based on the time setting you specify:
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Wow! This is really great since I did not know. I wish the training was more specific in highlighting these tools any how to use them. Now what we need are some of the delta tools to show on candles and footprint charts. There is also the ratio numbers that display under each footprint candle. An example is the ones developed by Mike Valtos who seems to have sold them to Emoji Tading.
I wish Tradovate would request and support this suit be developed for Us.
https://www.emojitrading.com/indicators/order-flow-suite/
Should I put this request in a new entry?
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I would add that such granular and definable tools are indispensable. Those in addition to the Market Profile have made all the difference in my trading. We will know we have arrived when such granular tools are integrated wishing a cloud platform such as Tradovate. I do wish the programmers would share more about the App development, goals and roadmap like other software developers to get us excited. I hope it will rival Ninja Trader and Sierra for add-ons, power etc. one day!
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I have configured these by adding a profile each day like you show. Then I added a weekly profile I wish you would add the ability to name the profiles a custom name instead of Volume Profile in indicator editor. I also wish one could double click on a profile in the custom name would show up in editor for that profile. Also, more documentations and videos on how to use would be helpful. Like is it best to have a profile per cash session and one overnight or combined. I guess it is opinion. Would be nice if there were some successful traders videos showing how they have used these settings.
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