Saturday, March 10, 2018

Amibroker AFL for Market Profile Chart In Amibroker

Amibroker AFL for Market Profile Chart In Amibroker

Amibroker users are including Amibroker afl for Market Profile chart in Amibroker at large. If you are still to include the amibroker afl for market profile in your arsenal then try it. Market Profile has been a very powerful tool in analysing the value of price The value area high, point of control and value area low are very powerful areas of trading. Amibroker has certain limitations in plotting the Market Profile chart as it should be exactly but still the coders of the amibroker afl for market profile have done a great job in maintaining its accuracy and one can view the correct levels of VAH, POC & VAL through this afl.

Read Also: Top 10 Amibroker AFL

amibroker afl for market profile
Market Profile Chart

The creators of the AFL have done the settings as such that you could view the chart in the 5 minute and 15 minute time frame in the best possible manner. Sometimes the afl throws an error and you could not view the chart. In such a scenario it has been observed that if you zoom out the chart then the display of the chart resumes.

I posted the amibroker afl for market profile code in the post itself but now I am uploading to the storage drive so that readers can download the code directly and insert in their Amibroker Formula folder.

Update 

Users with newer versions of Amibroker are facing error issues in the Market Profile AFL code posted earlier in this blog. There is another AFL which was coded for Amibroker version 5.80 & above. This code is slightly different in its graphics from the above image but it helps in overcoming the error in the code. So please download that version of Market Profile Code.

Market Profile AFL 1

Market Profile AFL 2 [For Amibroker Version 5.80 & above]


8 comments:

  1. Hi
    I m getting error 10 . Array subscript out of range error in amibroker for market profile indicator. MP levels are visible only in 1 minute timeframe. Can you pls help.

    ReplyDelete
    Replies
    1. Hey Kundan,

      Download the Market Profile AFL 2 for Amibroker version 5.80 & above.

      Happy Trading
      Aryan.

      Delete
  2. Will this AFL work on crack version of Amibroker 5.90 ?

    ReplyDelete
    Replies
    1. You will have to test by applying the afl in your Amibroker. It might work. There are two afls for Market Profile. Check both of them.

      Delete
  3. Hi, Thanks for sharing this AFL. I am trying to integrate this my current AFL to develop a strategy. I would like verify the previous day POC with current price for a buy condition. When I an using the variable "POC" its taking current day value. Is there anyway I can get the previous value ( may to a variable to compare it with current price) ?

    ReplyDelete
    Replies
    1. Hi Anoop,

      I apologize for not being to help you as Coding is Greek to me. I just share the AFLs which have helped me in my trading purposes which is solely based on price action discretionary aspects.

      Although I can refer to you a couple of forums where there is a dedicated section on Amibroker and members there help other members in coding needs. I am giving the links below.You can register there and ask for help.

      http://www.inditraders.com/amibroker/

      http://www.traderji.com/community/threads/simple-coding-help-no-promise.90119/page-543#post-1286356

      Happy Trading.

      Aryan.

      Delete
  4. hi i am facing 10 error on 1st one and 32 error in 2nd one.i am using amibriker 5.70

    ReplyDelete
    Replies
    1. Hi,

      Second AFL works only in 580 version and above. First AFL works fine in 5.70 version. Use lesser time frame , ideal will be 5 minute and zoom out the chart for more number of candles, your chart may appear with the Market Profile. There is some limitation in Amibroker to use market profile chart.

      Happy Trading.

      Delete

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