VProfile Settings and Anchors
The VWAPMax originally released with the Sub Market Sonar class as a suite of indicators that included:
VWAP, VScrore and VProfile are volume weighted calculations. No volume = no calculation. These indicators will not work on Forex or indexes like SPX with no volume.
White central line- Volume Point of Control- VPOC
Pink Upper Line- Value Area High
Green Lower Line- Value Area Low
End of Day anchors
VPROFILE (VAH, POC, VAL) Price and Volume levels
1st trading day of the year VPRO for the year, also add a second instance of VProfile to the chart anchored to the 1st of the month VPRO for month
Start Date YYYYMMDD- Enter the start date in YYYYMMDD format.
Start YYYY- Enter the start year in YYYY format.
Start MM- Enter the start month in MM format.
Start DD- Enter the start day in DD format.
The start of the new year / month bring new anchors.
For instance, if we are at the start of 2020, this means as best practice to anchor yearly VProfile to Jan 1, 2020.
Sometimes there is a quirk in the indicator so if it disappears, go with the last day of the prior year. In this example Dec 31, 2019
VProfiles can also be anchored for the month.
So January would be Jan 1, February would be Feb 1.
It is often advantageous to wait about seven days into the new month before updating the date.
9:30 ET (the opening bell on Wall Street)
Anchor Time EST- Enter the start time EST in HHMM format.
Anchor Time- Enter the start time in local timezone in HHMM format.
About - VWap Max
About - VProfile