Investor R/T

1. View Buy Volume, Sell Volume, Total Volume or Time spent at Price Levels for any time period
2. Split the Day Session from the Overnight Session to view each profile separately
3. Use the Profile Drawing tool to draw a profile over any targeted custom period
4. Extend Naked POC’s, VAH or VAL’s to the present trading day to uncover areas that have not been filled

Video timeline

1. Introduction and Overview – What this video will be working towards, including images of the charts we will create during video
2. Chart Setup – How to optimally setup a charts colors, bars, etc, for use with the Profile Indicator.
3. Adding Profiles – Several different ways to add the Profile Indicator to a chart.
4. Volume or Time – Basing the Profile Indicator on Price and Volume or Price and Time.
5. Volume at Price – How volume is distributed among prices. How tick data and one minute data is distributed.
6. Profile Duration – Various options for the amount of time covered in each profile. Single profiles versus multiple profiles.
7. POC / Value Area – Options for displaying the current and/or previous value area and point of control.
8. Drawing Options – Options for what style is used for drawing the profiles, including hollogram, volume profile, lines, blocks, and more.
9. Naked Lines – Extended naked POCs, highs, lows, or closes.
10. Peaks/Valleys – High volume and low volume nodes.
11. Miscellaneous – Review of several lesser used options of the Profile Indicator.

Additional Notes

The Profile Indicator requires the TPO Profile version of Investor/RT. Upgrading to TPO Profile is quick and easy from your account page Profile Indicator data can be easily exported to a text file which is formatted nicely for Excel. Right-click on the dotted rectangle around the Profile and choose “Export Data”. You’ll get something similar to this for every profile.

1. Bid Volume vs. Ask Volume (Volume Delta) both historically and in real time
2. Filter trades by trade size to watch for larger traders in the market
3. Accumulate the Volume Delta in Candlestick format to look for Volume Divergences

1. TPO Charts were originally devised by J. Peter Steidlmayer for use as a way to Profile the intraday market activity. They were later made available to the public in 1985
2. Developed with the goal of assigning a value to the market for certain time periods using Normal gaussian distribution
3. Split the Day Session from the Overnight Session to view each profile separately or Split any Profile at any letter for deeper analysis
4. Automatically add reference lines that result from RTL Studies to mark other areas of interest directly on TPO Charts
5. Extend Naked POC’s, VAH or VAL’s to the present trading day to uncover areas that have not been filled

RTL is the Investor/RT Language, a formula language for composing trading signals, custom indicators, and scans. RTL is an end user language, designed to be used by those with little or no programming skills. RTL is used to write a formula. A formula may be a true/false condition, e.g. CLOSE < MA, that determines whether some condition is true or not for each bar (a signal) or the last bar (a scan). A formula may compute an arithmetic result, called a custom indicator. For example: MA ( HIGH – CLOSE ) computes a moving average of how far an instrument closes from its high.

1. Simple scripting language used to write Custom Indicators, Signals and Scans within Investor/RT
2. RTL is a tokenized language. Market data and indicator values are referenced using simple RTL tokens like OPEN, HIGH, CLOSE or MA (Moving Average), etc.
3. Formulas can perform arithmetic operations (+, -, *, /) and relational comparisons (<, >, >=, <=). A complete library of built-in functions include Minimum, Maximum, Average, Sum, etc.

This video provides an introductory explanation of the data values within each bar upon which RTL operates: