![]() ![]() It is time-consuming but reveals a lot of finer details about market behvaior. It is always recommended to go with optimal TPO size settings because an ultra-low TPO size brings more data points (more letters) and tough to read/process by compressing the charts and expanding every time. Higher the TPO size lower the amount of data one could get about the participants behavior. ![]() However lower the TPO size one can get finer details about the market participants behavior. Regardless of what TPO size is used price distribution remains the same. Every day one gets a composite profile distribution. Price distribution is completely independent of timeframe. ![]() Profile structures reveal whether day timeframe traders or short term traders or any long term behavior is going on. The main purpose of reading profile structure is to visualize and understand what kind of participation we dealt or dealing for the current day. Multiple TPO blocks jointly form profile structure (profile distribution). TPO (Time Price Oppourtunity) is the basic building block of market profile. ![]() How to set the TPO size? The most asked question among the market profile beginners. ![]()
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