Support Board
Date/Time: Wed, 12 Mar 2025 05:56:46 +0000
Market profile chart TPO half-back set up question
View Count: 2114
| [2022-04-11 20:47:16] |
| User640414 - Posts: 28 |
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The halfback for the whole profile doesn't move up or down as the market extended to move up or down and I have to refresh it every time to see the actual halfback for the whole profile. Pls advise how I can set it up so that I don't need to refresh it all the time when the market gets extended in either direction.
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| [2022-04-11 21:14:36] |
| John - SC Support - Posts: 38598 |
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What you are trying will not work, as you have found. What you would need to do would be to start with another chart of the same instrument set to be an Intraday chart of any timeframe. Add the TPO Value Area Lines study and set the TPO Value Area % to 1.0. This will set the Value Area High to the highest price in the TPO and the Value Area Low to the lowest price. Then use the Study Subgraphs Average to average the VAH and VAL and then use the Study/Price Overlay to overlay that onto the TPO chart itself. Refer to the following for the TPO Value Area Lines study: TPO Value Area Lines Refer to the following for the Study/Price Overlay: Study/Price Overlay Study For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-14 01:56:58] |
| User640414 - Posts: 28 |
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Thank you John for getting back. I followed your instructions by setting up a 30 min bar chart and then used the Study/Price Overlay onto my TPO chart. I have spend more than 3 hours trying to figure this out and couldn't get it done properly. I am sure there must be a small glitch that I am not aware of in this process. I am attaching screen shot images and would appreciate your help.
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Private File Attachment Deleted. |
| [2022-04-14 13:46:18] |
| John - SC Support - Posts: 38598 |
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First, you have a statement that the Highs and Lows for the days are incorrect for the TPO Value Area Lines. But from the image, they are showing correctly. Make sure you have the same Session Times and that if you are using separate Evening Sessions that the TPO Value Area Lines are setup the same way. The main issue you are having, however, is simply that you did not select the proper study to overlay. On the Study/Price Overlay for the "Study to Overlay" you have the "<Main Price Graph>" selected for the study. You need to change that to the "Study Subgraphs Average". That will get you the line displaying from the 30 minute chart. In terms of changing the look of the lines in the Study/Price Overlay, there are a number of Inputs on the Study/Price Overlay that control whether the original study or the Study/Price Overlay controls the settings. For instance, the Input for Use Colors from Source Study is set to Yes. This means that you can not change the colors of the lines on the Study/Price Overlay, you need to change them on the original study. Or, you can set this Input to No and then change the colors on the Study/Price Overlay. Refer to the information starting here for these Inputs: Study/Price Overlay Study: Use Subgraph Name/Value Related Display Settings from Source Study For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-15 22:42:41] |
| User640414 - Posts: 28 |
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John, Thank you for the feedback. Following your instructions, I manage to set the half back transferred from the 30-minute bar chart into TPO chart. Attached are my set ups for 30-minute and TPO charts to show that I have the same Session Times etc. The main problem is that the 30-minute Highs and Lows are not always correct. However the Highs and Lows on the TPO Market Profile are correct. I also looked at TD Ameritrade bar chart to double check the Highs and Lows for daily bars and they match the TPO chart daily highs & lows, not all the time on the 30-minute Chart. I have attacked a separate excel sheet to show the actual numbers taken from 30-min chart, TPO chart as well as from TD Ameritrade charts, where you can see some dates that have discrepancies. Pls help to point in the right direction as to how to correct this issue with the 30-minute Sierra chart Highs and Lows. Let me know the origin of this issue and the solution. I have also uploaded screen images for my 30-min bar chart and TPO chart. Thanks. |
Private File Private File Private File |
| [2022-04-18 14:35:07] |
| John - SC Support - Posts: 38598 |
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Please attach the chartbook you are using that has these charts in it. We do not see anything in particular that would cause the daily High and Low differences. And when you look at the chart that has the TPO Value Area Lines on it, you can see that the data is at the high and the low of the bars, so we do not think that is incorrect. One other item of note, you have stated that you are using a TPO chart, but the information you supplied was for a Volume by Price chart. Make sure you let us know which are the charts we need to look at. Refer to the following for how to attach a chartbook: https://www.sierrachart.com/index.php?page=PostingInformation.php#AttachFile For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-18 17:35:40] |
| User640414 - Posts: 28 |
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John, Pls find the attached chartbook file with 30-min bar chart as well as TPO profile chart. I understand that I may be calling the profile chart as TPO chart and that may be incorrect, as you have indicated it is called "Volume by Price chart".
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| [2022-04-18 18:10:53] |
| John - SC Support - Posts: 38598 |
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There are a couple of things that you have setup incorrectly. First, your session times cross over each other. You have your Evening session ending at 09:30, but then the regular session starts at 09:30. This can create issues having them stop and start at the same time. You need to change the Evening Session End Time to 09:29:59. Second, your TPO chart has the Input for Exclude Evening Session Profiles Except for the Last Day set to Yes. This means that your TPO charts are not including the Evening Session, but your 30 minute chart is. Therefore, you do not have the same data being displayed in both cases. You need to decide if you want the Evening Session or not and then make sure your charts are reflecting the way you want them setup. Refer to the following regarding Session Times: Chart Session Times For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-18 19:58:38] |
| User640414 - Posts: 28 |
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John, Thank you for your feedback. I have made changes to the session times as you have indicated. I also changed the Exclude Evening Session Profiles Except for the Last Day set to No. Pls see the attached chartbook 1).Here is a simple example on March 31st 30 min chart and TPO chart. 30-min chart High for 03-31-22 is 4514.75 and the Low is 4526.25 and the Half Back shows as 4570 TPO Chart High for 03-31-22 is 4597.25 and the Low is 4526.25, The actual Half Back should be (4597.25-4526.25)/2 + 4526.25 = 4561.75 In some cases the Halfback is correct and not all the time. I also try the Exclude Evening Session Profiles Except for the Last Day set to YES.and still does not give the correct Halfback. 2). The Overnight (Evening session) TPO charts does not provide the Halfback. Pls advise how do I go about to set this up. Thanks |
 Basil MP Setup halfback.Cht - Attached On 2022-04-18 19:58:02 UTC - Size: 10.48 KB - 131 views |
| [2022-04-18 20:22:08] |
| John - SC Support - Posts: 38598 |
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What exactly do you want? Do you just want the Regular Trading Hours, or do you want the 24 hours of the trading day, or do you want separate Day and Evening sessions?
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-18 21:00:45] |
| User640414 - Posts: 28 |
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John, Not sure what you mean by when you say seperate Day and Evening sessions. What I am looking for is to have half back shows in the regular trading hours and on the last evening session. I also need to be able to see the half back on all evening sessions when I select uncheck the " Exclude Evening Session Profile" I have attached screen shot image to show both. In my initial set up where I used the High (SG2) and Low(SG3) from the TPO chart works for both regular trading hours as well as for the evening sessions when and only I refresh it when there is a range extension and your solution to that was to set up a 30 min chart and transfer the info to the TPO chart. |
Private File |
| [2022-04-18 22:14:00] |
| John - SC Support - Posts: 38598 |
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Let me ask this a different way. How do you want to calculate your Half-Back? Is this to be calculated from the full 24 hours of a trading day, or just from the Regular Trading hours?
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-18 22:56:02] |
| User640414 - Posts: 28 |
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Looking to have the Half-Back for the Regular Trading hours as well as for the evening sessions separately. I am in the Eastern Time Zone. Half-Back for regular trading hours (9:30AM EST - 15:59:59) and separately for the Evening session (16:00PM EST -09:29:59AM) |
| [2022-04-19 03:39:51] |
| User640414 - Posts: 28 |
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John, I am attaching the previous set up that I had initially when I started to use the TPO chart from Sierra Chart, some time in 2020. Chart #1 in only for regular trading hours and with the last date of the evening trading session. Where as the Chart#2 has both regular trading session plus ALL the Evening Sessions. Chart #2 is activated by unchecking ' Exclude Evening Session Profile'. This set up use to work fine and (don't remember when) some time back it stopped working properly when a range extension took place in a period that exceeded the previous highs or lows. Then every time there is a range extension that exceeded TPO chart Highs and Lows, I need to refresh the studies to get the correct half-back. The Half-Backs are drawn with line style 'Alternate'. I hope this helps and you are much clear as to what I am looking for. |
Private File Attachment Deleted. |
| [2022-04-19 14:28:15] |
| John - SC Support - Posts: 38598 |
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Then what you need to do is to get your charts setup to use the Evening session in both cases. Therefore make sure both charts are setup to have the same Session Times and both use the Evening Session. For the TPO study, you need to set the following: - New Period at Day Session Start When Using Evening Session: Yes - Exclude Evening Session Profiles Except for Last Day: No For the 30 minute chart, you need to set the following for the TPO Value Area Study: - New Period at Day Session Start When Using Evening Session: Yes Everything should line up when you have these set properly. We have also attached a modified chartbook of yours that has this setup. The number of days loaded is changed so it loads faster for us. But you can then see the changes we made. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
Private File |
| [2022-04-20 13:15:32] |
| User640414 - Posts: 28 |
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John, Thank you for getting back. 1).I do not see the modified chart book. One of the reason is as you have mentioned that you have changed the number of days loaded and the attachment that I see 'Attached On 2022-04-19 03:39:22 UTC - Size: 9.4 KB" had the same number of days as I have transmitted to you. 2). In the 30 minute chart, previously you had indicated to set TPO Value Area % to 1.0 and do I still need to do that. I am only asking this because in your latest instruction, it was not mentioned. 3). To make things easier I would greatly appreciate if you could send me a modified chart book of mine with the 30-minute chart so that I can incorporate this Half-Back challenge that I have been struggling with by duplicating it. Thank you for your help |
| [2022-04-20 16:20:38] |
| John - SC Support - Posts: 38598 |
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We had attached the chartbook as Private by mistake in the previous post. Here it is.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| Basil MP Setup halfback - Mod.Cht - Attached On 2022-04-20 16:20:34 UTC - Size: 10.56 KB - 219 views |
| [2022-04-20 16:38:05] |
| User640414 - Posts: 28 |
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John, Downloaded the Modified attachment and when I opened that modified chart book , the 30 minute Bar chart and ESM22-CME [CBV-D] tabs I am getting a blank screen ( no charts what so ever). However the Daily Bar Chart tab opens with a Daily bar chart. Please advise |
| [2022-04-20 17:25:06] |
| John - SC Support - Posts: 38598 |
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Sorry, we must have changed the symbols. Open the chartbook and select Edit >> Translate Symbols to Current Service.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-21 16:16:07] |
| User640414 - Posts: 28 |
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Thanks John. We are almost there. I am attaching a screen shot image taken few minutes ago of the TPO profile from the Modified cht file that you had sent me. THis profile is for current day 04-21-2022. The first image is when the Letters/Blocks in its own column and are condensed and the second one is when it is expanded. As you can see the the expanded version has the correct halfback and whereas the condescend image is not. Previous days are fine. |
Private File Attachment Deleted. |
| [2022-04-21 17:09:27] |
| John - SC Support - Posts: 38598 |
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We are not able to reproduce what you are seeing. Although the one thing we want to point out is that we apparently had a Value Area Lines study on the TPO chart. That needs to be removed as it most likely will not calculate correctly. You will have to take a look at how you have everything setup and see what is occurring on the 30 minute chart and how it is being copied to the TPO chart. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-21 17:28:10] |
| User640414 - Posts: 28 |
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John, Thank you for getting back. Pls note the way I created those images from the Modified Chart book file that you had sent me. In the blue space anywhere on the TPO profile, I right click my mouse and a window pops up, then I Check the "Letters/Blocks in Own Column" to expand the TPO profile and then uncheck it to the initial setting. You will that the half back numbers are not the same. That is exactly that I have send you.
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| [2022-04-21 17:35:22] |
| John - SC Support - Posts: 38598 |
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That is what we looked at - the previous chartbook that we had sent to you. We are unable to see what you are seeing - the Half-Back calculations are showing up correctly, so we do not know what/why you are seeing what you are.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-21 17:52:45] |
| User640414 - Posts: 28 |
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John, So sorry. I uploaded the modified file from this post to see if it has the same issue and it seems fine. I have to figure out why I have the issue from my previous modified file. I am under the impression by having the Value Area Lines study is to set the TPO Value Area % to 1.0. . So you are asking to move #4 study from the Studies to Graph? In another note, how do I set the OPENING PRICE for the day in the letter A with some form of a circle or square so that I can identify the opening price for the day. Right now I have it set up with a horizontal line in TPO profile and having too many hand drawn lines as well as market generated lines can be confusing at times. |
| [2022-04-21 20:14:50] |
| John - SC Support - Posts: 38598 |
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I am under the impression by having the Value Area Lines study is to set the TPO Value Area % to 1.0. . So you are asking to move #4 study from the Studies to Graph?
You are using the Value Area Lines study on the 30 minute chart. There is also one on the TPO Chart, which should be removed (I do believe it is #4 in the list on that chart). In another note, how do I set the OPENING PRICE for the day in the letter A with some form of a circle or square so that I can identify the opening price for the day. Right now I have it set up with a horizontal line in TPO profile and having too many hand drawn lines as well as market generated lines can be confusing at times.
Refer to item #4 in this section: Time Price Opportunity (TPO) Profile Charts: Elements of TPO and Volume Profiles For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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