Support Board
Date/Time: Wed, 27 Nov 2024 08:34:20 +0000
Large Volume Trade Study Issue
View Count: 875
| [2023-07-28 13:14:46] |
| User453788 - Posts: 2 |
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A major issue I have encountered in the large Volume trade study is, that compared to another plugin on another platform (which I use and it works perfectly), the Large Volume Trades in Sierra just seem to be incorrect, like completely wrong. No matter what settings I try, they never show me all the trades above the threshold, they show only a fraction of what is really going on. See image for direct comparison, left side ninja trader's plugin, right side sierra chart study. Am I missing something or is the study totally incorrect?
Date Time Of Last Edit: 2023-07-28 13:16:16
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 ntvssc.jpg / V - Attached On 2023-07-28 13:16:12 UTC - Size: 596.12 KB - 298 views |
| [2023-07-28 14:16:37] |
| User431178 - Posts: 543 |
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You are assuming that the indicator in NT is correct and/or showing the same data - it is not. Sierra Chart indicator uses the exchange reported trades for large volume indicator. Large Volume Trade Indicator Your NT indicator is combining by time and type, similarly to how you can configure the time and sales window in Sierra Chart, in other words it is not showing the same thing at all. Date Time Of Last Edit: 2023-07-28 15:21:01
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| [2023-07-28 15:05:16] |
| John - SC Support - Posts: 36309 |
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What you see is absolutely correct based upon the configuration of the study and the data. Make sure you are aware of how this study functions in Sierra Chart. The information for how it works is all in the documentation for it at the link below. Make sure the study is configured as you require: Large Volume Trade Indicator Set Sierra Chart to a Tick by Tick Data Configuration. Follow the instructions here to do this: Tick by Tick Data Configuration You may also want to enable this option: Chart Settings: Combine Trades into Original Summary Trade (Data Feed and Exchange Specific) (Chart >> Chart Settings >> Chart Data >> Chart Data menu) For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-09-06 15:04:47] |
| User153286 - Posts: 49 |
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I watch the DOM and have a chart with the large volume indicator. The DOM has the cumulative ask and cumulative bid columns displayed. I am trying to get the large volume study to put up a marker whenever the the cumulative ask or bid volume jumps/increases over a designated amount. I focus on the DOM watching the bid or ask cumulative values, looking at price levels where changes in these values exceed this designated amount. I have not found a way to correlate between the observed jumps in the cumulative bid or cumulative ask volume values in the DOM and the large volume trade study. I understand the cumulative values are a summation at price for the configured time duration. But, I have seen jumps in the cumulative bid or cumulative ask volume on the DOM that exceeds the threshold value set in the large volume study and the study does not place a marker. I have 1 tick data set. I do not have a multiplier (value is 0). I tried different draw modes in the large volume study, but I can not get the study it to draw a marker that corresponds to an equivalent traded bid or ask jump I observe in the DOM in the respective cumulative columns. Any suggestions?
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| [2023-09-06 16:17:30] |
| John - SC Support - Posts: 36309 |
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The thing to keep in mind is that the Large Volume Trade Indicator is only going to show the information for when a single trade is larger than the threshold. When the Current Traded column shows a jump in the value that is larger than the threshold, it could be due to multiple trades that make up that amount. Therefore, there would not be a correlation between these two.
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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