Auction Market Theory Indicator

Discussion in 'Technical Analysis' started by misterkel, Feb 27, 2018.

  1. I've been reading Dalton's Markets in Profile on Auction Market Theory. Unfortunately, on IB, there seems to be no indicator for Market Profile. Closest is Volume Histogram (unless I'm missing something) and it only works for a 2 week period.

    Is there a proxy indicator for Market Profile that works fairly well over any period?
    Does another broker have one?
  2. MACD


    Check out They have MP it is shown as "MonkeyBars" but is the same thing. Take a free trial account. First make sure that Market Profile is really going to be helpful to your trading plan. I used it for about 5 years and have discarded it as being only slightly useful. Good Luck.
  3. Google "Trader Dale" he has a free MP indicator for MT4 and a 'Flexible MP indicator on Ninjatrader'. Checkout his website and youtube channel