TAS Market Profile TOS now available!
TAS Market Profile TOS is now available on the Think or Swim platform. The key indicator, TAS Boxes, now works on the latest version of the TOS platform.
What is TAS Boxes?
TAS Market Profile TOS offers a support and resistance indicator with levels based on Market profile data. The levels outlined by TAS Boxes are based on the actual volume traded in the market to enforce levels of support and resistance.
We all mark out levels of support and resistance on our charts, but these, from reading a basic chart, can only be outlined by the price action. The highs and the lows in the market. When we introduce Market Profile on TOS, we can actually use the specific price points where the most trades were made. This means that you can not only eliminate low volume spikes from your analysis, but you can also clarify levels in the market that will suddenly pop out of the screen.
In the video below, I outline how to read TAS Market Profile TOS charts to enhance your own trades: [Read more…] about TAS Market Profile TOS (Market Profile on Think or Swim) Video