Rotation Factor is a sentimental indicator used in Market Profile to Indicate who is control (Buyers/Sellers) in the market for the day. If the rotational factor prints positive values every day then it mean buyers are in control in the market. Negative Values indicates sellers are in control. Same principle can be applied to investing as well.
Market Profile is the recent buzzword in the social media especially when comes to Indian traders. And this article throws light on variety of options available for traders to access market profile and footprint charts(ranging from low cost to high cost depends upon the traders need and to access in your favorite trading analysis software like Amibroker, Metastock, Esignal, Market Delta, Multicharts, Windotrader, InvestorRT & SierraCharts.
Sentimental Dashboard is added in our live charting section (NSESignals and MCX Signals Section) to measure the strength in the market. Sentimental Dashboard shows 8 historical values for Multiple Timeframes like 15min, Hourly and Daily). And the reading ranges between 0-100. The left most meter indicates the most recent value.
Recently added Market Profile Charts in Open Beta mode. Currently allowed access to Nifty and Bank Nifty Current month futures and will run till this end of the month later could extend to more instruments. By studying Market Profile one can understand the evolving auction process which is quite helpful to take a matured decision in their Intraday trading.
So to help my very enthusiastic followers take a step ahead of others, I plan to interview successful traders across the globe so that we get to know the path they have traveled to reach that successful trader position. In this interview series, you can be assured to get an insight of their trading styles, discipline and models. I hope that this question answer session with successful traders will benefit my readers.
Last few weeks nifty just grinding gives sudden jerk moves where many traders cannot claim full profits neither small loss. So are we nearing an end to this chop move ? Yes says market profile. I took a composite profile of certain period to get clue for further auction and completion of present auction.
Nifty 500 tick supertrend charts turns to positional sell mode on last thurday noon session currently resistance are coming closer to 5930 zone. Reverse your positions to longs only if 5930 breaks on closing basis.
Nifty futures turned to maintains the positional buy mode in the 500 Tick Charts by EOD. Currently the support zone come near 5557.67 and reverse the position to sell mode if the support breaks on the lowerside.
Nifty futures turned to positional buy mode in the 500 Tick Charts during yesterday’s noon session. Currently the support zone come near 5527 and reverse the position to sell mode if the support breaks on the lowerside.
Nifty futures is in strong sell mode since 3rd April and currently the resistance zone is coming near 5585.3. Reverse your position to positional buy only if the resistance zone breaks on the 500Tick Charts.
Nifty 500 Tick Charts Nifty futures is in strong sell mode since 3rd April and currently the resistance zone is coming near 5593.2. Reverse your position to positional buy if the resistance zone breaks on the 500Tick Charts. Nifty Futures Daily Profile Charts From the Profile Charts Value Area High (VAH) – 5592 and […]
Nifty April Futures Daily Profile Charts are shown. Yesterday nifty had formed a double distribution Trend Day pattern. A double distribution trend day occurs when trading is light during the day followed by a sudden expansion of the initial balance by the longer term market participants later in the session.