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Date/Time: Sun, 05 May 2024 11:55:35 +0000



[User Discussion] - TPO for DAX initial balance setting

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[2020-12-28 15:24:00]
Krzychu - Posts: 15
Hi,

Can you please explain how to set the TPO chart for DAX so as to have a full day 02:00->00.00 view of the market profile on it, but to have an initial balance starting 08:00->09:00?

I tried two options :
1. set the session start for 08:00 and see my IB 08:00-09:00, not seeing night session that I wish to have in th TPO
2. set up the session start at 02:00 and see IB for 02:00 -03:00

what others options do I have to see both night session and IB 08:00-09:00 on one TPO chart?
thanks
[2020-12-29 08:29:45]
ticinotrader - Posts: 378
Try to use the following settings:

1. Set your chart session times identical to the attached screenshot (Day: 08:00:00 - 21:59:59, EveningSession: 00:00:00 - 07:59:59) - make sure you use Brussels in the Advanced Settings -> Timezone

2. Enable Chart -> Use evening/Full session

3. In the TPO study settings select 'Yes' for these two options:
- New Period at Day session start
- Exclude evening session Profiles except for last day

This will create a split TPO profile where the night session and day session will be displayed as separate profiles.
All the previous night sessions will be hidden, except for the last day.
This way you can see the proper 8am-9am Brussels IBR.

Hope this helps.
Date Time Of Last Edit: 2020-12-29 08:32:37
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image20201229-092411.png / V - Attached On 2020-12-29 08:28:11 UTC - Size: 34.6 KB - 216 views
image20201229-093208.png / V - Attached On 2020-12-29 08:32:33 UTC - Size: 110.16 KB - 211 views
[2020-12-29 13:19:28]
Krzychu - Posts: 15
Thanks a lot for reply.

Do you think there is a way I can see one TPO for the whole day (02:00-00:00) with IB set from 8:00-9:00 Brussels time ?

Thanks
K
[2020-12-29 13:40:19]
ticinotrader - Posts: 378
As far as I know, you can not achieve that on the same TPO profile chart (set full session TPO profile but display the 8-9am IB).

Although one alternative could be to display a full session TPO chart and use a separate chart (candlestick, etc) without the TPO, but using the study called Initial Balance.

This IB study allows to set any time interval for the Initial balance.
Initial Balance
[2020-12-29 15:38:16]
Krzychu - Posts: 15
Appreciate your support, thanks

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