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]


Posted by at
Labels:

11 comments:

  1. UnknownMarch 2, 2018 at 6:20 PM

    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. Trade CatcherMarch 10, 2018 at 8:27 PM

      Hey Kundan,

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

      Happy Trading
      Aryan.

      Delete
  2. Ashutoh KumarApril 18, 2018 at 11:25 AM

    Will this AFL work on crack version of Amibroker 5.90 ?

    ReplyDelete
    Replies
    1. Trade CatcherApril 19, 2018 at 8:36 PM

      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. anoopMay 17, 2018 at 9:35 PM

    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. Trade CatcherMay 18, 2018 at 9:07 AM

      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. ashishSeptember 22, 2018 at 10:07 AM

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

    ReplyDelete
    Replies
    1. Trade CatcherSeptember 23, 2018 at 12:31 PM

      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
  5. RobJune 13, 2019 at 8:40 PM

    Hello,
    someone please help me for AFL buy signal scanner on Virgin POC?
    Somethink like: Buy = Open < Virginpoc AND Close > Virginpoc; - but it is not working.

    Thank you

    ReplyDelete
  6. prasantaOctober 8, 2020 at 2:51 AM

    not sure if it's displaying correct details and how to use it.. but I put the code and it displayed some volme profile bars.. will study further on this.

    ReplyDelete
    Replies
    1. Trade CatcherOctober 8, 2020 at 9:44 PM

      Hi Prasanta,

      Which version of Amibroker are you using ? There are two AFLs for different versions of Amibroker.

      Delete

Subscribe to: Post Comments (Atom)
Required US Government Disclaimer & CTFC Rule 4.41

Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.