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Date/Time: Sun, 24 Nov 2024 08:12:37 +0000



TPO Profile vs TPO Value area lines

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[2015-05-20 14:42:06]
markuz - Posts: 90
If i add a TPO profile chart and then a Value Area line study using the same time frames and input settings. Why are the lines several ticks off from the profile chart?

I attached an image.
imageTPO_value_aread_vs_TPO_profile.png / V - Attached On 2015-05-20 14:42:03 UTC - Size: 70.63 KB - 460 views
[2015-05-20 17:41:37]
Sierra Chart Engineering - Posts: 104368
There must be some difference with settings.

Refer to the information here about this:
http://www.sierrachart.com/index.php?page=doc/doc_TPOVolProfileCharts.html#IncorrectValues

It might be because the Value Area calculation method is different between the studies.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

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Date Time Of Last Edit: 2015-05-20 17:41:50
[2015-05-21 07:38:59]
JingIt - Posts: 44
I think SC hasn't update Count 2 levels at a time for value area for TPO value area lines study to match with new calculation method updated in version 1254

http://www.sierrachart.com/image.php?l=1432194252323.png



p/s: As I am a market profile user, these features are in my really wish list.

Single Feature Request: Singles for TPO Charts
VPOC Extention when with TPO profile VOLUME PROFILE POC not extend
Do you have any update on these features request SCE?
Date Time Of Last Edit: 2015-05-21 07:44:31
[2015-05-21 09:05:47]
Sierra Chart Engineering - Posts: 104368
It is not accurate to apply a TPO Value Area Lines study directly to a TPO Profile Chart. This is documented here:
http://www.sierrachart.com/index.php?page=doc/doc_TPOVolProfileCharts.html#UsingOtherStudies

As long as you have set Count Two Levels at a Time for Value Area to Yes with the TPO Profile Chart and TPO Value Area Lines study, the calculation method is 100% identical.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2015-05-21 09:06:05

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