TAS Market Profile: VEGA settings for Long or Short Trade Bias 📈 or 📉
TAS Market Profile: VEGA settings for Long or Short Trade Bias. Article here:
Hi traders, today we are going over a quick Trading tip with TAS Toolls VEGA indicator. This is for traders who trade with a specific bias towards long or short trades while using TAS VEGA. You can change the settings on SHOWLONGTRADES or SHOWSHORTTRADES to remove the indication for a long or a short trade by changing the setting to 1 for true and 0 for false.
Changing these TAS Market Profile settings in your indicator menu will allow you to trade with a specific bias. If you are using a strategy to eliminate trading in one direction, you can change this setting to remove the possible long or short entry signals that you want.
Bruce Banks, www.envisionchart.com specializing in Futures and Forex
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The indicators and methods that I use?
Methods: Technical analysis combined with a cursory overview of the market and it’s behavior as a whole. This includes high low mapping, prior resistance/support, multi time frame analysis, technical, and market conditions from outside sources.
Indicators and platform: TAS Market Profile Tools, custom indicators, and NinjaTrader. On our site we offer both training and a TAS Tools Discount
TAS VEGA is one of the key indicators in the TAS Tools indicator suit. It gives you a clear red light green light indication on strength or weakness in the market. With the orange bars giving you even more insight into what market profile is telling you about the current market situation.
TAS Tools works on Bloomberg, NinjaTrader, Meta Trader 4, MT4, eSignal, Gain Capital, and TradeNavigator. It overlays directly on your chart to give you valuable Market Profile Information in an easy to read interface.
The TAS Tools suit includes TAS VEGA, TAS Boxes, TAS MarketMap, TAS Navigator, TAS Ratio, TAS Static PCL support and resistance indicator, and TAS dynamic PCL support and resistance Indicator.
All of these are based off of Market Map which has been a powerful trading tool used for decades to see information that isn't readily available on your trading screen.
These tools work on Forex markets, Futures Contracts, Stocks, and ETF's.
NinjaTrader offers charting and an easy to customize package, it has been my go to platform for years:
EnvisionChart Website: www.EnvisionChart.com
Trading with Tick and Range Charts For Short Term Profit: https://www.youtube.com/watch?v=u9oUT...
TAS Tools Trading Tip Videos:
TAS Trading Tip VEGA ATR Settings:
POC Line Thickness
TAS Tools: VEGA Indicator Orange Bars and Scaling Out -Quick tip-
TAS Tools using TAS VEGA and TAS Boxes For Breakout Trades
More information on TAS Market Profile Tools: