How can I get the lines on my Market Profile chart (POC, VA, IB) to also show on my Candle and Footprint chart? : MarketDelta Support

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How can I get the lines on my Market Profile chart (POC, VA, IB) to also show on my Candle and Footprint chart?

Bob Hoffman
posted this on February 18, 2010 11:13

Here we explain how to duplicate all your Market Profile lines and statistics, include the value are, developing value area, point of control, and initial balance on a multi-pane chart and classic Footprint chart.

You may find yourself better served using the Footprint Price Statistics (FPPS) indicator or Profile indicator on a Footprint or multipane chart.

Setup a Market Profile chart to show at least 2 days of profiles.

Open the Market Profile preferences window, click the Reference Lines tab and set one of them similar to what you see below.

The following V# variables will be set with the line values seen below.

V#	Line
V#20	DPOC
V#21	DVAH
V#22	DVAL
V#23	DIBH
V#24	DIBL
V#25	POC
V#26	VAH
V#27	VAL
V#28	IBH
V#29	IBL

The V# variable is arbitrary. It's not required to use V#10. If you use V#2, then V#2 through V#11 will be set to values above, in same order. If V#31 is used, V#31 through V#40 will get set, etc.

In order to set with Volume-based values (POC &VA) instead of TPO-based values, use "=ALLv" instead of "=ALL".

You may also set values individually using the following reference line labels.

Reference Line Label

Reference Line Label	Represents
=DPOC	Developing Point of Control
=DVAH	Developing Value Area High
=DVAL	Developing Value Area Low
=DPOCv	Developing Volume-based POC
=DVAHv	Developing Volume-based VAH
=DVALv	Developing Volume-based VAL
=DIBH	Developing Initial Balance High
=DIBL	Developing Initial Balance Low
=DIBH1.5	150% Developing Initial Balance High
=DIBL1.5	150% Developing Initial Balance Low
=DIBH2	200% Developing Initial Balance High
=DIBL2	200% Developing Initial Balance Low
=DIBH3	300% Developing Initial Balance High
=DIBL3	300% Developing Initial Balance Low
=POC	Point of Control (To reference POC any number of profiles back, append the number. Use =POC3 for the POC 3 profiles back. Only available for =POC,=VAH,=VAL)
=VAH	Value Area High (To reference VAH any number of profiles back, append the number. Use =VAH3 for the VAH 3 profiles back. Only available for =POC,=VAH,=VAL)
=VAL	Value Area Low (To reference VAL any number of profiles back, append the number. Use =VAL3 for the VAL 3 profiles back. Only available for =POC,=VAH,=VAL)
=POCv	Volume based Point of Control
=VAHv	Volume base Value Area High
=VALv	Volume based Value Area Low
=IBH	Initial Balance High
=IBL	Initial Balance Low
=ORH	Opening Range High (current)
=ORL	Opening Range Low (current)
=CL	Previous Profiles Close
=OP	Previous Profiles Open
=HI	Previous Profiles High
=LO	Previous Profiles Low
=DCL	Profile Close (current)
=DOP	Profile Open (current)
=DHI	Profile High (current)
=DLO	Profile Low (current)
=SINGA	Next Single Above Current Price
=SINGB	Next Single Below Current Price
=ALLDIB	Developing Initial Balance High
uses 8 consecutive V#'s	Developing Initial Balance Low
...similar to =ALL	150% Developing Initial Balance High
	150% Developing Initial Balance Low
	200% Developing Initial Balance High
	200% Developing Initial Balance Low
	300% Developing Initial Balance High
	300% Developing Initial Balance Low

Once you've setup your Market Profile chart properly to send your line values into the appropriate V# variables, you can then add reference lines to bar or candle charts, and setup the reference lines to "Use V#". These V#-based reference lines should update throughout the day as the respective developing Market Profile lines change.

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How can I get the lines on my Market Profile chart (POC, VA, IB) to also show on my Candle and Footprint chart?

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