Market Profile Users (Half Back)
Market Profile Users (Half Back)
It would be great if we could have a dynamic line to turn on that would be half back or 50% of the RTH range. This is a key reference point for traders that us MP for market analysis. So this would be something very similar to the POC or the VWAP lines....
Re: Market Profile Users (Half Back)
A mid-line would be a very welcome addition. FT71 uses it as a basis for pullback entries in his morning pre-market talks (Trader Bite on You Tube, free to the public). It is cited much more often than vwap (which he does not use) in his presentations.
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