Market Profile 3, a unique Forex trading software developed by EFGMedia’s CEO, Ryad, is making waves in the financial markets. This innovative platform is designed to provide detailed insights into price density over time, outlining the most crucial price levels, value area, and control value for any trading session.
Key Features of Market Profile 3
The software can be applied to timeframes between M1 and D1, and it offers the Market Profile for daily, weekly, monthly, or even intraday sessions. Users can expect higher precision from lower timeframes, while higher timeframes provide better visibility.
Market Profile 3 also allows for free-draw rectangle sessions to create a custom market profile on any timeframe. It offers six different color schemes to draw the profile’s blocks. Users have the option to draw profiles as a plain color histogram or color the profile based on bullish/bearish bars.
Functionality Based on Bare Price Action
This Forex software is based on bare price action and does not rely on any standard indicators. It comes with a system of alerts for price crossings at the levels of Value Area high and low, Median, and Single Print zones. This feature ensures traders are always updated and can make more informed decisions.
Customization and Seamless Scrolling Mode
Market Profile 3 offers customization with the ‘StartFromDate’ and ‘StartFromCurrentSession’ parameters. If ‘StartFromCurrentSession’ is set to true, the indicator begins drawing from today, otherwise from the date given in ‘StartFromDate’. This feature is particularly useful for traders who want to view market profiles for specific trading sessions in the past.
Another interesting feature of this Forex software is the ‘Seamless Scrolling Mode’. When this mode is activated, the ‘StartFromDate’ and ‘StartFromCurrentSession’ parameters are ignored, and the sessions are calculated and displayed starting from the current chart position’s rightmost bar. This allows scrolling back in time for a more comprehensive analysis of past trading sessions.
Independent Testing and User Experience
Independent testing of Market Profile 3 is available on the forexroboteasy.com website. Users are encouraged to subscribe for updates on the testing results of this product. Sharing of personal experiences of using this product is highly encouraged to build a community of informed traders.
FAQ
What is the Market Profile 3 Forex Software?
Market Profile 3 is a Forex trading software developed by EFGMedia’s CEO, Ryad. It provides detailed insights into price density over time, outlining the most crucial price levels, value area, and control value for any given trading session.
How does the Market Profile 3 work?
This Forex software works by applying itself to timeframes between M1 and D1, offering the Market Profile for daily, weekly, monthly, or even intraday sessions. It also allows for free-draw rectangle sessions to create a custom market profile on any timeframe.
Where can I find independent testing of the Market Profile 3?
Independent testing of Market Profile 3 is available on the forexroboteasy.com website.
Market Profile 3 by EFGMedia brings a new level of sophistication to the world of Forex trading. It offers traders the opportunity to gain a deeper understanding of market trends and make more informed trading decisions. With its unique features and user-friendly interface, Market Profile 3 is set to transform the way traders operate in the Forex market.
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