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Tag Archive 'Time Price Opportunity'

Time Price Opportunity (TPO) Profile

I’ve taken the ThinkScripter Volume Profile indicator and crafted a supplemental version, the TPO Profile. The Time Price Opportunity method is used for the creation of Market Profile histograms. Volume is completely ignored, and instead, we count the number of times a given price occurs throughout the chart (i.e. A Time Price Opportunity). This [...]

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