Time Price Opportunity TPO
Definition of 'Time Price Opportunity TPO'
Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by putting a letter against the price that the market traded at during that time interval - usually 30 minutes per interval or "bracket" as it is called in Market Profile terminology. Each of these letters is know as a Time Price Opportunity or TPO for short.
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