I honestly don't know what you are doing here @sstheo with this volume profile analysis. Based on the stats you share thus far, you are one the best all time traders here. You don't break down the summary of your trades for each day, but given only 2 losing days thus far, which were very much in line with your average winning days, your track record is stellar.
This volume profile analysis is not going to help with your style of trading which seems to be to just take little bites. This volume profile analysis will require wider stops and longer holding times, both of which you don't do.
Adding in another "thing" to look at will just make it that much harder to make a decision. You already say that cumulative delta is mostly wrong, but that you still like it because it at least helps you stay out of a bad trade. Well this volume profile analysis will give you tunnel vision because you will be convinced that the market is running for some magic number when it in fact might never get there.
Honestly, if your stats and trades are legit, don't change a thing, and just work on adding more contracts. You have what looks to be an almost impossible 90% win rate. So milk it for all you can while it still works, and see if the pressures of trading larger size don't mess it up. But don't go messing up what you have so far by adding in more stuff that will just end up making trading more difficult. I could understand if a guy with a 50% win rate wanted to maybe add something to squeeze out an extra 10% (kind of like maybe what you do with cumulative delta). But with such a high win rate already, adding in volume profile analysis will not help and only hinder.
This volume profile analysis is not going to help with your style of trading which seems to be to just take little bites. This volume profile analysis will require wider stops and longer holding times, both of which you don't do.
Adding in another "thing" to look at will just make it that much harder to make a decision. You already say that cumulative delta is mostly wrong, but that you still like it because it at least helps you stay out of a bad trade. Well this volume profile analysis will give you tunnel vision because you will be convinced that the market is running for some magic number when it in fact might never get there.
Honestly, if your stats and trades are legit, don't change a thing, and just work on adding more contracts. You have what looks to be an almost impossible 90% win rate. So milk it for all you can while it still works, and see if the pressures of trading larger size don't mess it up. But don't go messing up what you have so far by adding in more stuff that will just end up making trading more difficult. I could understand if a guy with a 50% win rate wanted to maybe add something to squeeze out an extra 10% (kind of like maybe what you do with cumulative delta). But with such a high win rate already, adding in volume profile analysis will not help and only hinder.
