Free Robot EA TPO Profile MT4 by Kyra Nickaline Watson-gordon
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Definition : TPO is a Time Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology.In other words time-price-opportunity (TPO) profiles are histograms of how much time was spent at each price within the span of the profile.By using a TPO chart, you are able to analyze the amount of trading activity, based on time, for each price lev