Support Board
Date/Time: Sat, 30 Nov 2024 00:32:53 +0000
Market Depth Historical Chart
View Count: 406
[2023-01-03 18:01:33] |
User146848 - Posts: 121 |
I attached a screenshot. Why do 2 time frames (1 and 3 min) show such a big difference with 100% identical study settings?
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MarketDepth.jpg / V - Attached On 2023-01-03 18:01:17 UTC - Size: 540.83 KB - 108 views |
[2023-01-04 22:47:36] |
John - SC Support - Posts: 36350 |
We can not say for sure, as we do not know your settings for the Market Depth Historical Graph, but keep in mind that with a 1 minute time frame and a 3 minute timeframe, the 3 minute chart is going to have approximately 3 times higher Market Depth data than the 1 minute chart. Therefore, you would need to ensure that your settings are dealing with this properly.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-01-05 14:08:11] |
User146848 - Posts: 121 |
Ok, i totally dont understand market depth then. Why does a 3min chart have 3 times higher market depth data? Shouldnt there be the same amount of order volume at any price level regardless of the timeframe? That would make sense to me if the study sums up the order volume over time at any give price. But thats not how the study works, right? |
[2023-01-05 14:39:33] |
Sierra_Chart Engineering - Posts: 17266 |
Is the Market Depth Historical Graph set to show the maximum depth quantity at a price level?
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, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-01-05 21:57:28] |
John - SC Support - Posts: 36350 |
Sorry - we made a mistake with our earlier statement, we were thinking of a different study. But it does depend somewhat on what you are displaying (Last versus Max). But there are a lot of factors that can play into differences between charts with the study.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-01-06 05:33:24] |
User146848 - Posts: 121 |
Its max value but i am still as clueless as i was in the beginning.
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[2023-01-06 15:23:10] |
John - SC Support - Posts: 36350 |
We need to get your charts in order to look at how you have the studies setup. There are too many options with the Market Depth Historical Graph for us to figure it out by going back and forth. Refer to the following for how to get us a Chartbook with the two charts in it (ignore the 1 chart reference, in your case, we need both of them): Support Board Posting Information: Providing Chartbook with Only a Single Chart 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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