I will be doing some server maintenance from 11pm to 11:30pm tonight.. so 50charts charts will be on and off during those times.

#NiftyFut
#Context - So many weak players. Not a good setup for me. So Skipping the day!

The next version of 50charts (v5.2) is getting ready. Will be released tomorrow or Sunday. This will be a minor update only.

InProgress - Scanner - Today’s / Yesterday’s single print presence

Completed - All - Add Minimum Tick Size Parameter (to support USD-INR…)
Completed - All - Timezone support (fixed issue for other timezone users)

Completed - MP - Poor HL
Completed - MP - Size of TPO Volumes relative to each other
Completed - MP - Add Parameter to display Single Print values
Completed - MP - Single Print Clear - Issue fixed
Completed - MP - Print Summary based on text width

Completed - VS - Summary - Add InsideBar and Outside Bar text, with Volume anomalies
Completed - VS - Summary - Outside Bar Text - Issue fixed

Still working on it.. will mostly release by tomorrow evening

#Scanner:
Added 2 columns for Single Print
- Previous day Single Print (and)
- Current day Single Print

Had made lot of changes in the server, to complete this. So had to test it tomorrow in Live before releasing.

Sorry to postpone the release AGAIN!!

There is an easier way in Amibroker, to check the values of any zone. Please check this video on how to enable this.. Go to View menu --> Crosshair

Version 5.2 is now available for download. To update, please follow the instructions from the below video.
https://youtu.be/rXPMQqYMfRk

Completed - All - Add Minimum Tick Size Parameter (to support USD-INR…)
Completed - All - Timezone support (fixed issue for other timezone users)
Completed - MP - Poor HL
Completed - MP - Add Parameter to display Single Print values
Completed - MP - Single Print Clear - Issue fixed
Completed - MP - Print Summary based on text width
Completed - VS - Summary - Add InsideBar and Outside Bar text, with Volume anomalies
Completed - VS - Summary - Outside Bar Text - Issue fixed
Completed - Scanner - Today’s / Yesterday’s single print presence

Guys, if you are having 32bit Amibroker, you have to download 32bit 50charts plugin..

#NiftyFut - Outside Bar but with lower volume than previous day.. Lets wait whether shorts cover more or sellers dominate again..

All these references are back into play!!

3-Mar screenshot..

#March #Calendar
This week - US FOMC meeting and US quartlerly expiry..

Since I get lot of queries on where to learn Market Profile, drafted the below details.


Step 1: Introduction to Market Profile (Why do we need Market Profile?). Most of you might have already seen this Video. This is my Video in Tamil.

https://youtu.be/LzgXMd5OxQc


Step 2: Basics of Market Profile (This is a 10-part video series with a total running time of around 10 hours. This is a good place to learn the basics).

https://youtube.com/playlist?list=PL5JoAOJgo2kuX6m3f6Azz-JE9jsIPHEmn


Step 3: Books. I have listed some book names in the website. Start with Mind Over Markets book. The PDF is available if you search in Google. Take a print out and read it.

I always say this to everyone. The 10-part series explains just the first chapter of the Mind Over Market and CBOT book (CBOT book is the second book listed in the below link). Each of these books contains several chapters. So read these books without fail.

https://www.50charts.in/#books


Step 4: Read all the other books, listed in the website.

https://www.50charts.in/#books


Step 5: Complete Step 1 to 4 and then ask me, I will explain you. 😀

Looks like no one went through these steps..

#NiftyFut #Today
Usually, when the price looks below one end of the balance and fails, it moves to the other end. So the target can be 17400.

But here, short covering happening at the exact same location (just above 17K) for the second time. Usually, short covering at the same levels makes the market weaker. So we have to see what happens tomorrow.

Last day of the Financial Year! Usually, during Quarter End, the FII / DIIs will adjust their inventory based on their portfolio (this is something like a salesman providing offers / discounts to achieve his monthly / quarterly targets). Also, today is Monthly expiry.

So, there might be wild swings (in both directions). Trade with care. Protect your capital!

#NiftyFut #MP

Some more additional reference lines coming up in the next release.
1) Swing H/L
2) Previous Week H/L
3) Previous month H/L
4) AB Poor H/L

Will try to wrap up this soon and release it in a week.

#TradingCalendar #April #2022

Good weekend read.. This author mainly talks from investment perspective but few things are very much relevant to trading as well.

#Update #v5.3 #NewVersion
50Charts version 5.3 (Market Profile & Volume Profile), is now Available for download.

Please download and install from 50charts.in. To update to this version, please follow the instructions from the below video.
https://youtu.be/rXPMQqYMfRk

The following features are added:
Market Profile - Swing High/Low
Market Profile - AB Poor High/Low
Market Profile - Failed Auction
Market Profile - Previous Week / Month High/Low
Market Profile - Added parameters to display / hide various reference lines
Volume Slicer - Fixed an issue that causes the volume slicer chart to flicker when there is less data.