Multiple Price Highlighter

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Wed, 03/25/2020 - 11:51
#1
cpayne
Last seen: 1 year 8 months ago
Joined: 03/30/2009 - 00:00
Identifying Significant Clusters with MPH

The Multiple Price Highlighter (MPH) indicator is extremely versatile and can detect a number of volume-at-price patterns across one or more prices within each bar.

In the chart below, MPH is added four times and detects the following 4 cluster conditions...

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Imbalance Zones

This video demonstrates how to setup the Multiple Price Highlighter (MPH) Indicator to deliver Buying and Selling Imbalance Zones and extend them as Support and Resistance. These Zones implement a minimum Imbalance Percent, minimum Imbalance Difference, as well as a Weak Side Minimu m. Instructions are given on how to move these Imbalance Zones to another chart.

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Wed, 01/24/2018 - 08:42
#1
cpayne
Last seen: 1 year 8 months ago
Joined: 03/30/2009 - 00:00
Keppler Volume Tracker (KVT)

The Keppler Volume Tracker (KVT) is part of the Multiple Price Highlighter (MPH) Indicator. KVT was designed in collaboration with Dr. John Keppler, author of Profit With The Market Profile. KVT looks for prices whose volume is above the average by a user specified number of standard deviations. Two levels of standard deviation multiples are provided by the user: Level I and Level II. The user also specifies the period (number of days) over which to compute the average volume at price and the standard deviation of volume at price.

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