Dear VP Traders,

I want to create a Composite Volume profile of 6 months in Multicharts. I would like to know do I require a tick data or 1-minute data with Volume information in it of a particular instrument will do the trick?

Thanks in advance

Regards,
ilyas

Hi ilyas,

if you are referring to the built-in Volume Profile, you will need tick data.

Regards,

ABCTG

Dear VP Traders,

For precise Volume Profile which settings we want to use from Multicharts. I would like to use Total Volume but I am confused on two options, 1. Up tick Vs Down Tick delta 2. Ask Vs Bid traded delta. Which setting shall I use to Create a Volume Profile. Also, what does these options means.

Really appreciate if anyone can explain and try to find a solution for the above mentioned query.

Regards,
ilyas

Hi ilyas,

you can find a good explanation regarding the options here: https://www.multicharts.com/trading-software/index.php/Volume_Profile

For Total Volume these options might not make a difference, since you don't break the volume up by bid/ask or up/down.

Regards,

ABCTG

ABCTG 

Hi ilyas, you can find a good explanation regarding the options here: https://www.multicharts.com/trading-software/index.php/Volume_Profile For Total Volume these options might not make a difference, since you don't break the volume up by bid/ask or up/down. Regards, ABCTG

Ahaaa....

Got it ABCTG... It was very helpful.

I really appreciate your help.

Tons of Thanks

Regards,
ilyas

Dear Traders,

I am facing a problem while creating a Volume profile. I have purchased a Tick data of last 1 year. I need to create a composite Volume profile. I have mapped Multicharts with the data folder through ASCII mapping.

I have successfully created a Volume profile. But it opens very slow.. it takes almost 20-30 minutes to load all the data. I have created a Composite VP with 1 day (building in minutes).

How I can improve the efficiency so that it can load the Composite faster than before? Is there anyway to do it?

Thanks & Regards,
ilyas

hi ilyas,

the bottleneck could be the amount of data, since the profile is constructed using 1 tick data. If that is the case the only way to speed things up (besides upgrading the machine) would be not using the built-in profile, but creating your own code to handle it.

Regards,

ABCTG

ilu007 

Dear Traders, I am facing a problem while creating a Volume profile. I have purchased a Tick data of last 1 year. I need to create a composite Volume profile. I have mapped Multicharts with the data folder through ASCII mapping. I have successfully created a Volume profile. But it opens very slow.. it takes almost 20-30 minutes to load all the data. I have created a Composite VP with 1 day (building in minutes). How I can improve the efficiency so that it can load the Composite faster than before? Is there anyway to do it? Thanks & Regards, ilyas