Market Profile Micro Composite Charts – Updated – 03-03-2016
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The Micro Composites are a way to spot the balances happening at various prices irrespective of the time frame. As we know that in Auction Market Theory we give weightage to the Balances and Imbalances as the auction moves through one to another. The Micro composites give a better picture of the prevailing short term trend. The lower pane on the Micro Composite Profile has the range of the bar and the 1, 2 and 3 standard deviations of the range of the bar. The last pane at the bottom is the volume of the bar and the 1,2 and 3 standard deviation of the traded volume in the time frame.
Disclaimer :
The above charts are for educational & reference purpose only. Trading in derivatives has high risk involved and not suitable for all investors. The above levels are not a recommendation/offer to buy or sell any or all of the above derivatives. Any person trading or making buying or selling decisions on the basis of the above mentioned levels should do so at their own risk. Justfintech.com / its affiliates / staff will not be responsible for any profits and/or losses arising from the trades executed on the basis of the above levels. It is advisable to consult your personal financial adviser/consultant before entering into a trade. The usage of the charts is subject to Terms of Use, Risk Disclosure / Disclaimer and Privacy Policy of Justfintech.com