⭐⭐⭐⭐⭐
This indicator is based on the theory of the market profile.
What is a single player zone?
Theory: Single Market Profile Games:
Individual or single profile prints or gaps are placed inside the profile structure, rather than on the top or bottom edge.
They are represented by individual TPOs printed in the market profile.
Singles draw our attention to places where the price moved very quickly (impulse movements). They leave small-volume nodes with liquidity gaps and, consequently, market imbalances, and show us the area of imbalance. Single nodes are usually created when the market reacts to unexpected news. It is these reports that can cause extreme imbalance and prepare the breed for extreme emotional reactions of buyers and sellers.
The market will want to revisit this area and check if traders are interested in these price levels in trading at these prices. Why these vendors need to be there? Because the market literally flew through this area, and only a small part of traders got the opportunity to trade there. To do this, these areas will probably be filled in in the future.
These inefficient moves are usually executed and we can look for trading opportunities as soon as they are executed, or we can enter before they are executed and use these individual prints as targets.
Used as support / resistance zones, but don’t always be careful. This usually works very well on trend days. See the market profile Days: trend day (Strategy 1-BUY-third image) and trend day with double distribution (Strategy 1-SELL-third image).
It is good to start a trending day and increase profits
but keep in mind that trend days are only 15-20% of the time
So I mostly recommend strategy 2, which is used 75-80% of the time.
These levels are watched by the big boys and the banks. This indicator will show you these levels.
Remember that the probability that these areas will be tested in the future is more than 80%. This puts probability on our side.
Follow the rules of money and risk management. Always use a stop loss. RRR minimum 3: 1. The maximum risk is 0.5-1% of the transaction bill.
I attach three strategies that I trade myself.
These three strategies are repeated in the market, so it is better to trade all three.
Strategy 1. Trend is your friend
Strategy 2: Test the nearest level
Strategy 3: Closing singles and continuing the trend
The recommended timeframe is M30 and especially strategy 2.
[spoiler title=”Read More…”]
This indicator is based on the theory of the market profile.
What is a single player zone?
Theory: Single Market Profile Games:
Individual or single profile prints or gaps are placed inside the profile structure, rather than on the top or bottom edge.
They are represented by individual TPOs printed in the market profile.
Singles draw our attention to places where the price moved very quickly (impulse movements). They leave small-volume nodes with liquidity gaps and, consequently, market imbalances, and show us the area of imbalance. Single nodes are usually created when the market reacts to unexpected news. It is these reports that can cause extreme imbalance and prepare the breed for extreme emotional reactions of buyers and sellers.
The market will want to revisit this area and check if traders are interested in these price levels in trading at these prices. Why these vendors need to be there? Because the market literally flew through this area, and only a small part of traders got the opportunity to trade there. To do this, these areas will probably be filled in in the future.
These inefficient moves are usually executed and we can look for trading opportunities as soon as they are executed, or we can enter before they are executed and use these individual prints as targets.
Used as support / resistance zones, but don’t always be careful. This usually works very well on trend days. See the market profile Days: trend day (Strategy 1-BUY-third image) and trend day with double distribution (Strategy 1-SELL-third image).
It is good to start a trending day and increase profits
but keep in mind that trend days are only 15-20% of the time
So I mostly recommend strategy 2, which is used 75-80% of the time.
These levels are watched by the big boys and the banks. This indicator will show you these levels.
Remember that the probability that these areas will be tested in the future is more than 80%. This puts probability on our side.
Follow the rules of money and risk management. Always use a stop loss. RRR minimum 3: 1. The maximum risk is 0.5-1% of the transaction bill.
I attach three strategies that I trade myself.
These three strategies are repeated in the market, so it is better to trade all three.
Strategy 1. Trend is your friend
Strategy 2: Test the nearest level
Strategy 3: Closing singles and continuing the trend
The recommended timeframe is M30 and especially strategy 2.
A full description of the strategies and all the pictures can be found HERE. Please study this.
By purchasing this indicator, you will get 2 more indicators. Market profile indicator support and resistance indicator.
After purchasing the indicator, write to me:
Date of purchase, country of origin. And you get these indicators for FREE.
[/spoiler]