In the event you’re in search of methods to determine intra-day assist and resistance ranges to assist discover turning factors out there, one of many more practical methods to take action is with quantity profile knowledge. Quantity profile is a charting method that shows the overall quantity traded at each value stage all through the buying and selling session. Learn extra to learn the way quantity profile and technical instruments might assist as a part of your buying and selling methods.
The best way to Use Quantity Profile and Different Technical Instruments
On this version of ‘Merchants Workshop’, Patrick Mullin of Gorilla Futures discusses how his quantity profile “HeatMap” indicator together with different technical instruments helps merchants higher determine potential entry setups and pattern reversals. Patrick additionally talks about his “FootPrint” indicator and the way it can assist determine the place intra-bar shopping for and promoting is happening, with a view to higher anticipate market course and determine short-term day-trades.
Key subjects lined embrace:
Why Order Move is vital to a dealer
Visualizing Order Move on a value chart
Understanding Quantity Warmth Maps
Figuring out potential Shopping for and Promoting ranges
What it takes to change into a Day-Dealer
Tune in to Dealer’s Workshop Each Week
Make sure you be part of us stay every Tuesday at 12:00pm ET for one more version of Merchants Workshop. You’ll be able to watch earlier Dealer’s Workshop occasions obtainable on-demand: https://ninjatrader.com/occasions/
Get Began with NinjaTrader
NinjaTrader helps greater than 500,000 merchants worldwide with a strong and user-friendly buying and selling platform, low cost futures brokerage and world-class assist. NinjaTrader is all the time free to make use of for superior charting & technique backtesting by means of an immersive buying and selling simulator.
Obtain NinjaTrader’s award-winning buying and selling platform and get began with a free buying and selling demo with real-time market knowledge at this time!
