Charting and Studies User Guide - CQG.com

Market Profile Value Areas Parameters
Page 283
• MPInterval: Select one of the pre-set chart intervals or enter your own valid chart
interval. The MPVA study is calculated based on the bars set here. If MPInterval is set
for a historical chart:
Intraday values in MPInterval indicate the time intervals used to calculate study
values. For example, 30 minutes indicates that the MPVA is build using 30-minute
Time Price Opportunities (TPO). Values: 1 min, 5 min, 10 min, 15 min, 30 min,
60 min.
Historical values in MPInterval indicate these values are used for MPVA calculation:
Daily = daily TPO are used for calculations; MPVA values are calculated for each
month
Weekly = weekly TPO are used for calculations; MPVA values are calculated for each
quarter
Monthly = monthly TPO are used for calculations; MPVA values are calculated for
each year
Quarterly = quarterly TPO are used for calculations; MPVA values are calculated for
every 4 years (from 1900)
Semi-Annual = semiannual TPO are used for calculations; MPVA values are
calculated for every 10 years (from 1900)
Annual = yearly TPO are used for calculations; MPVA values are calculated for every
20 years (from 1900)
If chart interval is greater than MPInterval, MPVA values are calculated for each chart
bar.
Also, chart’s continuations settings will be used during MPVA calculation only if
MPInterval is selected from standard options provided.
• StartTime: Allows you to start the calculation either from the beginning of the current
session, from the beginning of the current day, from a custom date and time, or from a
condition. Ignored if MPInterval is historical. Values: Day, Session, Date/Time,
Condition, Bars Back, and Days Back.
• Dynamic: When selected, dynamic mode is turned on. When not selected, static mode
is turned on. Ignored if MPInterval or chart interval is historical.
• DynamicInterval: This interval is the timeframe for the dynamic session selected in
the Type field. If the time interval is not divisible by the chart time, then the time
interval is rounded to the nearest divisible value. Ignored if MPInterval or chart interval
is historical.
• Calculate On: Select Price or Volume for the calculation.
Charting and Studies User Guide