Yes as i read Steidlmayer, created the Market Profile and within...

Yes as i read Steidlmayer, created the Market Profile and within you have 3 major parameter's

The 3 major parameters are POC (Point Of Control), VAL (Value Area Low), and VAH (Value Area High). In a market profile, these parameters are derived by calculating the TPO’s count.


Using Time Price Opportunities (TPO) represented by a different letter of Alphabet different letter every 30 minutes on a trading day.

TPOs are essential elements of the market profile chart. In general, TPOs are visually represented as alphabets.
As and when the trades take place at different price levels, it creates a trading range, and this range is denoted by the letters to represent the market activity.

There are three major parameters to it; they are POC (Point Of Control), VAL (Value Area Low), and VAH (Value Area High). In a market profile, these parameters are derived by calculating the TPO’s count.