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Date/Time: Sat, 18 May 2024 16:54:13 +0000



Post From: TPO profiles - better access to statistical data

[2019-03-31 22:32:46]
User365411 - Posts: 178
First of all I would to thank you for your great support.

I just checked Rotation Factor and I think that's not a correct calculation.
Looking at how it works in realtime and daily (or session) profiles probably there is a misunderstanding in "Each letter" meaning in the description I have posted.
And it's not tied to TPO resolution.
Privately attached you can find more detailed specification.

Fundamentally it's based on highs and lows sequence of X minutes bars (for MP study the standard 30' minute bar), so it's not strictly based on TPO profiles (but it's part of the method); for these reason, once the code is ready, I suggest to reuse it to release it as stand-alone study for classic bar charts too.
Private File
Attachment Deleted.