Support Board
Date/Time: Wed, 05 Feb 2025 08:57:26 +0000
Has Functionality for Identifying Zero Prints Been Established Yet?
View Count: 130
| [2024-12-30 02:21:13] |
| User708541 - Posts: 106 |
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I've been researching this topic for several hours and can't find an answer. Can a study like "Volume at Price Threshold Alert" be configured to show zeros on a Numbers Bars chart? - And draw an extended line at those locations? Is there any way to highlight/identify zeros on a Numbers Bars chart? and/or a Candlestick Chart? With MBO package #12, is there a way to draw a Ray at a Zero print on a Candlestick chart? This functionality would be really great to have. |
| [2024-12-30 15:14:59] |
| John - SC Support - Posts: 37728 |
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There is not a built-in way to highlight zero volume at a particular price level. The only built-in way to do this would be to use the "Color Bar Based on Alert Condition" checking each price level using the following functions: Study/Chart Alerts And Scanning: Special Functions To give you an idea of the alert condition, the following would be to just check the Bid values for the two lowest prices in a bar: =OR(BVAP(L, 0) = 0, BVAP(L + TICKSIZE, 0) = 0) For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-12-30 17:51:58] |
| User708541 - Posts: 106 |
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John, This will be difficult for me as figuring out code is not my strength. Will I need to insert "Color Bar Based on Alert Condition" 2X? One to scan for Bid Value zero prints and again to scan for Ask Value zero prints? Or can I put both alerts onto the same Study? Are there any other references I can find that would help with how to structure these alerts? |
| [2024-12-30 22:09:54] |
| John - SC Support - Posts: 37728 |
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If you want a different color, or different marker for a Zero Bid versus a Zero Ask, then you would need 2 copies of the Color Bar Based on Alert condition. If you do not need to separate Bid and Ask then the alert condition we gave you above would extend to be the following: =OR(BVAP(L, 0) = 0, AVAP(L, 0) = 0, BVAP(L + TICKSIZE, 0) = 0, AVAP(L + TICKSIZE, 0) = 0) But, there is a problem that you would need to deal with, which is that if you test for a value of zero outside the range of a bar, then you will get a true response, which is not what you really want. And there is not a good way to deal with this through the Alert Conditions. There are some ways you could work around this, but it would require a lot of Spreadsheet Formula studies to do it. In the end, our recommendation would be to pay a programmer to create a custom study that finds the zeros. Refer to the following: https://www.sierrachart.com/index.php?page=doc/SierraChartStudyAndSystemProgrammers.php 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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