ruten Posted November 21, 2019 Report Share Posted November 21, 2019 (edited) Hi all! Sorry for my incorrect question :"> Anybody knows the simple software with quality TPO (letters) charts for FOREX? Except SierraCh, MarketDelta, NinjaTrader7/8 Thanks in advance Edited November 21, 2019 by ruten Quote Link to comment Share on other sites More sharing options...
trader2019 Posted November 21, 2019 Report Share Posted November 21, 2019 theres some decent ones on mt4, check out the market.some free others like blahtech are paid for Quote Link to comment Share on other sites More sharing options...
Kamisama Posted November 21, 2019 Report Share Posted November 21, 2019 windotrader? ruten 1 Quote Link to comment Share on other sites More sharing options...
nadjib Posted November 22, 2019 Report Share Posted November 22, 2019 there is no volume in market forex or any data not work market Quote Link to comment Share on other sites More sharing options...
ruten Posted November 22, 2019 Author Report Share Posted November 22, 2019 (edited) there is no volume in market forex or any data not work market If I'm right TPO= time price opportunities. Where is the volume here? Ok. A time price opportunity is just that, a window of opportunity for a trade at a certain price at a given point in time. Once a single trade takes place at this market opportunity, a print is recorded on the Profile chart. A TPO simply dentifies for us that at least one trading activity has taken place at a specific price within a specified period of time. A TPO on a Profile chart can be visually represented in a number of different ways. It could be as simple as a single colored block or a letter in the alphabet. And if I do not using volumes in my trading activity, but want to know or to see the trading opportunities and value area at a given point in time then why would I use a paid datafeeds? Especially since I always hold the opinion that volume is the reaction of traders to some other event. And TPO chart with value area helps me to get exactly place of my future deal, no matter what happens with volumes. Regards Edited November 22, 2019 by ruten Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.